Lending & Secured Finance 2024

1 Overview

1.1 What are the main trends/significant developments in the lending markets in your jurisdiction?

Despite the challenging macro-environment marked by global conflicts and China's economic slowdown, Switzerland remains a desirable lending market due to its economic and political stability. The Swiss economy is robust, supported by high levels of consumption. Household spending is expected to keep growing, showing the country's economic resilience. However, as in other jurisdictions, the lending market may not be as vigorous as in the past years and legal practitioners have observed a slight shift towards recovery. Moreover, it is relevant to mention the collapse of Credit Suisse, a major player in the Swiss financial market, which has been acquired by UBS. The merger into UBS has ignited a trend to propose stricter regulations of regulatory capital requirements. On the positive side, the Swiss National Bank has recently cut its key policy rate by 25