The reason behind the banks development at that time was to support the funding needs of Switzerland’s new railway system. Gold bars from Credit Suisse remain a popular choice among investors today.Ī man named Alfred Escher founded Credit Suisse in 1856 as Schweizerische Kreditanstalt. Credit Suisse gold bars in particular were among the most popular purchase by individuals looking to secure their financial holdings in precious metals.
As the financial markets have ebbed and flowed in recent years, investing in gold bullion became incredibly popular. Despite its position as a pillar of the banking community, not just in Switzerland and across Europe, but around the world, Credit Suisse has very humble beginnings that disguise the power and reach of this global banking institution. Today, Credit Suisse is the nation’s largest bank.
When it comes to the global banking sector, there is no country more synonymous with banking than the neutral nation of Switzerland.
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