The Economy of Switzerland is one of the world's most advanced and a highly-developed free market economy. The economy of Switzerland has ranked first in the world since 2015 on the Global Innovation Index and third in the 2020 Global Competitiveness Report. According to United Nations data for 2016, Switzerland is the third richest landlocked country in the world after Liechtenstein and Luxembourg. Together with the latter and Norway, they are the only three countries in the world with a GDP per capita (nominal) above US$90,000 that are neither island nations nor ministates. Among OECD nations, Switzerland holds the 3rd-largest GDP per capita. Switzerland has a highly efficient and strong social security system; social expenditure stood at roughly 24.1% of GDP.
Schaffhausen, historically known in English as Shaffhouse, is a town with historic roots, a municipality in northern Switzerland, and the capital of the canton of the same name; it has an estimated population of 36,000 as of December 2016. It is located right next to the shore of the High Rhine; it is one of four Swiss towns located on the northern side of the Rhine, along with Neuhausen am Rheinfall, the historic Neunkirch, and medieval Stein am Rhein.
The canton of Schaffhausen, also canton of Schaffhouse, is the northernmost canton of Switzerland. The principal city and capital of the canton is Schaffhausen. The canton's territory is divided into three non-contiguous segments, where German territory reaches the Rhine. The large central part, which includes the capital, in turn separates the German exclave of Büsingen am Hochrhein from the rest of Germany.
The Swiss franc, or simply the franc, is the currency and legal tender of Switzerland and Liechtenstein. It is also legal tender in the Italian exclave of Campione d'Italia which is surrounded by Swiss territory. The Swiss National Bank (SNB) issues banknotes and the federal mint Swissmint issues coins.
The A4 motorway in Switzerland begins from Schaffhausen, in northern Switzerland, and travels southward into central Switzerland.
The Swiss National Bank is the central bank of Switzerland, responsible for the nation's monetary policy and the sole issuer of Swiss franc banknotes. The primary goal of its mandate is to ensure price stability, while taking economic developments into consideration.
Diessenhofen is a village and a municipality in Frauenfeld District in the canton of Thurgau in Switzerland. The village is situated on the south shore of the High Rhine just opposite the German town of Gailingen am Hochrhein.
The cantonal banks are 24 Swiss government-owned commercial banks. Most of them were founded between 1834 and 1916, although the Banque cantonale du Jura was founded in 1979, as the canton of Jura was not formed until 1978, by its separation from the Canton of Berne. 21 are provided by the canton in which they are based, with a guarantee for the assets held there.
Zurich Cantonal Bank is the largest cantonal bank and fourth largest bank in Switzerland, with total assets of over CHF 150 billion.
Banque Cantonale Vaudoise (BCV) is the cantonal bank of the Swiss Canton of Vaud. Headquartered in Lausanne, it is Vaud's biggest bank by balance sheet. BCV is a universal bank providing retail banking, corporate banking, wealth management, and trading services.
Aargauische Kantonalbank is a cantonal bank based in the canton of Aargau, Switzerland. Its head office is situated at Aarau (AG). Founded in 1913, Aargau Cantonal Bank in 2021 had 832 employees and 32 offices in Switzerland, total assets were 31 777.48 mln CHF.
Cantonal Bank of Valais is a Swiss cantonal bank of the Swiss canton of Valais. It is part of the 24 cantonal banks serving Switzerland's 26 cantons. The bank was founded in 1916.
Basellandschaftliche Kantonalbank (BLKB) is a Swiss cantonal bank which is part of the 24 cantonal banks serving Switzerland's 26 cantons. The bank was founded in 1864.
Basler Kantonalbank is a Swiss cantonal bank, one of the 24 cantonal banks serving Switzerland's 26 cantons, founded in 1899. In 2019, Basler Kantonalbank had 15 branches with 842 total employees; the total assets of the bank were CHF 27.305 billion. Basler Kantonalbank has a full state guarantee of its liabilities.
The Berner Kantonalbank AG (BEKB) (in French: Banque Cantonale Bernoise SA (BCBE)), operating under the brand name "BEKB | BCBE" and based in the Swiss canton of Bern, is a public limited company under private law founded in 1834 as one of the first cantonal banks of its kind, serving Switzerland's 26 cantons. At the end of 2020, the total financial assets of BEKB were valued at 36.4 billion Swiss francs with their staff comprising approximately 1,230 employees (or 1,000 full-time equivalents).
Giorgio Behr is a Swiss businessman, lawyer, accountant and university professor.
Glarner Kantonalbank is the cantonal bank and the dominant retail banking group in the Swiss canton of Glarus.
Thurgauer Kantonalbank is a Swiss cantonal bank serving the canton of Thurgau. The head office is based in Weinfelden.
Schwyzer Kantonalbank is a cantonal bank serving and wholly owned by the Swiss Canton of Schwyz. The head office is based in Schwyz.
Thomas August Hurter is a Swiss politician and former commercial pilot. He currently serves as member of the National Council (Switzerland) for the Swiss People's Party since 2007. He also served on the Cantonal Council of Schaffhausen from 2005 to 2016. Since September 2016 he serves as president of ACS. Hurter was previously a pilot for the Swiss Air Force and Swissair/Swiss International Air Lines. He is married to Cornelia Stamm Hurter, a member of the governing council of Schaffhausen.
