Covid-19 credits

On this page you will find information and data related to Covid-19 bridging credits.

On this page, you will find information and data about Covid-19 credits for companies. To ensure liquidity, companies affected by the Covid-19 crisis were eligible to apply for bridging credits guaranteed by the federal government between March 26th 2020 and July 31st 2020.

Covid-19 bridging credits Overview

The table below provides an overview of Covid-19 credits granted, Covid-19 bridging credits that have been fully repaid to date, the guarantees for Covid-19 bridging credits with amounts honored to date and, as a result, the guarantees for Covid-19 bridging credits that are still outstanding. Further information on these figures can be found in the sections of this website below.

 NumberAverage amount in CHFTotal in CHF
Total of Covid-19 bridging credits granted137'850122'90916'942'984'400
Total of fully repaid Covid-19 bridging credits18'452218'4294'030'454'685
Total of guarantees for Covid-19 bridging credits subject to honoring3'60387‘260314'396'517
Total of guarantees for Covid-19 bridging credits outstanding115’795108'79712'598'133'198

Last updated: 24.11.2021


Covid-19 bridging credits granted

The table below shows the number and volume of credits granted, regardless whether or not they have since been reimbursed. All numbers are updated regularly.

 NumberAverage amount in CHFTotal in CHF
COVID-19 credit agreements136'717101'91713'933'829'031
COVID-19 credit plus1'1332'655'918 *3'009'155'369 *
Total137'850122'90916'942'984'400

* These numbers are based on the entire credit amount and not just the share of 85% which is guaranteed by the Swiss Confederation

Last updated: 24.11.2021

Data as CSV-File

Graphic for download: Total Covid-19 credit agreements, cumulative [png]

Download

Graphic for download: Total Covid-19 credit agreements per day [png]

Download

Infographic for download: Aid program status end of April [png]

Download

Fully repaid Covid-19 bridging credits

The table below shows the Covid-19 bridging credits fully repaid by the borrowers in the specified year, whereupon the corresponding guarantee organizations were exonerated of their Covid-19 solidarity guarantee by the lenders. Partial repayments without guarantee exoneration are not shown in the table below.

 Number of creditsAverage amount in CHF Total in CHF
20208'393223'1071'872'539'062
202110'059214'5262'157'915'624
Total18'452218'4294'030'454'685

Last updated: 24.11.2021

Honoring on guarantees under the Covid-19 bridging credits

The following tables provide information on the honoring of guarantees under the Covid-19 bridging loan programme, by year, by banking group and by sector. These are Covid-19 briding loans for which the banks have drawn down the guarantee. With the transfer of the honored amount from the guarantee organisations to the banks, the claims against the borrowers are transferred to the guarantee organisations. The honored amount may differ from the guarantee amount, as the banks only draw down the guarantee for the portion of the credit that the borrowers have used. Reported here are the guarantees as reported by the guarantee organisations, which may differ from the federal government’s expenditures as reported in the government financial statements due to differences in the timing of the accounting entries.

Honoring on guarantees by year

 Number of creditsAverage honored amount
in CHF
Total honored amounts
in CHF
Total guarantee
amounts in CHF
202076481'21362'046'85670'799'870
20212'83979'254225'001'015243'596'647
Total3'60379'669287'047'871314'396'517

Last updated: 24.11.2021

 

Honoring on guarantees by banking group

 Number of creditsAverage honored amount
in CHF
Total honored amounts
in CHF
Share of the total
honoured volume
Big banks *1'28098'007125'449'18344%
Cantonal banks82376'76263'175'06622%
Raiffeisen banks49371'55035'273'91112%
PostFinance72258'76742'429'89115%
Other banking institutions28572'70120'719'8207%
Total3'60379'669287'047'871100%

* Credit Suisse and UBS

Last updated: 24.11.2021

 

Honoring on guarantees by sectors

 Number of creditsAverage honored amount in CHFTotal honored amounts in CHFShare of the total
honoured volume
Specialised construction activities (F43)68581'14055'580'937 19%
Construction of buildings (F41)27196'19226'067'958 9%
Food and beverage service activities (I56)47650'65224'110'3288%
Wholesale trade, except of motor vehicles
and motorcycles (G46)
200100'75220'150'321 7%
Retail trade, except of motor vehicles and
motorcycles (G47)
21366'44614'153'0995%
Wholesale and retail trade and repair of
motor vehicles and motorcycles (G45)
13487'69011'750'4144%
Activities of head offices; management
consultancy activities (M70)
11666'6977'736'8343%
Real estate activities (L68)7481'6227'123'1112%
Activities auxiliary to financial services and
insurance activities (K66)
8796'2587'101'1002%
Land transport and transport via pipelines (H49)13848'0916'636'492 2%
All other sectors *1'20988'203106'637'27639%
Total3'60379'669287'047'871100%

* The Federal Statistical Office (FSO) publishes a list of all sectors (2-digit NOGA codes) on its website.

Last updated: 24.11.2021

Further analyses of the bridging credits granted

The following charts illustrate distributions of granted Covid-19 bridging credits for a selected specification, for example by canton or by industry. These visualizations serve to provide background information and are based on data from the guarantee organizations. In order to exclude any conclusions about individual companies and to guarantee their anonymity, only aggregated data can be made available. Due to rounding, it is possible that the sum of the shares may not be 100%.

Status: 07.09.2021

Data as CSV-File

Figures as PDF-File

Graphic for download: Number of credits by canton [png]

Download

Graphic for download: Credit volume by canton [png]

Download

Graphic for download: Number of credits by banking group [png]

Download

Graphic for download: Credit volume by banking group [png]

Download

Graphic for download: Top 10 banks by number of credits [png]

Download

Graphic for download: Top 10 banks by credit volume [png]

Download

Graphic for download: Number of credits by group of economic activities (NOGA section) [png]

Download

Graphic for download: Credit volume by group of economic activities (NOGA section) [png]

Download

Graphic for download: Top 10 sectors (NOGA division) by numbers of credits [png]

Download

Graphic for download: Top 10 sectors (NOGA division) by credit volume (in CHF m) [png]

Download

Graphic for download: Number of credits by legal form of the company [png]

Download

Graphic for download: Credit volume by legal form of the company [png]

Download

Graphic for download: Average credit amount by legal form of the company [png]

Download

Graphic for download: Number of credits by company size (FTE) [png]

Download

Graphic for download: Credit volume by company size (FTE) [png]

Download

Graphic for download: Number of guaranteed credits by guarantee organisation [png]

Download

Graphic for download: Guaranteed credit volume by guarantee organisation [png]

Download

Reports of abuse

The table below contains potential and actual cases of abuse under the Covid-19-Solidarbürgschaftsverordnung (in German) and the Covid-19-Solidarbürgschaftsgesetz (in German). Here you find the concept for the detection and prevention of abuse (in German). The statistics show the cases of which the loan guarantee cooperatives are aware, either because they have filed a criminal complaint themselves or because they have been informed about them by third parties. They are not complete with regard to criminal charges of which the loan guarantee cooperatives are not aware. The statistics are updated on an ongoing basis.

Types of abuse
(all types according to the ordinance)
In clarificationAbuse not confirmedCorrection without filing of criminal complaint
Criminal complaint filed*
Open casesClosed cases
NumberDelinquency amount**NumberDelinquency amount**
Multiple applications (Art. 3, para. 1)3910422776CHF 15'612'03426CHF 2'157'915
Date of foundation (Art. 3, para. 1, a.)4312217611CHF 1'021'0365CHF 144'100
In bankruptcy, estate or liquidation (Art. 3, para. 1, b.)3391521CHF 1'348'6247CHF 1'169'500
Sales information (Art. 7, para. 1)2'119266888153CHF 31'695'25530CHF 2'972'328
Support for other emergency regulations (Art. 3, para. 1, d.)0020000
Use of credit in general and replacement investments (Art. 6, para. 1 und 2)11'1077985688CHF 78'540'653160CHF 12'301'661
Use of credit dividends, refinancing, etc. (Art. 6, para. 3)22432471'67122CHF 5‘211'3196CHF 734'520
Others1602553210CHF 23'431'61643CHF 4'358'129
Total3'7448523'1171'181CHF 156'860'537277CHF 23'838'153

*Including criminal complaints from third parties of which the loan guarantee cooperatives are aware.

**The reported delinquency amount corresponds to the volume of credits at the time they were granted. No account is taken of whether losses have effectively been incurred.

1 As of the commencement of the Covid-19-Solidarbürgschaftsgesetz (Covid-19-SBüG) (in German) on December 19, 2020, the prohibition to carry out new investments in fixed assets that are not replacement investments has been lifted (cf. Art. 27 para. 2 Covid-19-SBüG).

2 As of the commencement of the Covid-19-SBüG on December 19, 2020, already the decision on the payment of dividends is unlawful (cf. Art. 2 para. 2 lit. a Covid-19-SBüG and Official Bulletin: AB 2020 N 2040 of October 30, 2020, and AB 2020 S 1314 f. of December 10, 2020).

Last updated: 25.11.2021

In addition, the statistics from the Money Laundering Reporting Office (MROS) show all a) reports according to the Money Laundering Act or the Criminal Code, as well as b) the number of complaints filed by MROS with law enforcement agencies (according to Art. 23 para. 4 Money Laundering Act) . The MROS statistics can show cases that are also included in the above table of abuse reports.

Open cases after criminal complaint per canton

The following table shows the open cases after criminal complaints have been filed of which the loan guarantee cooperatives are aware, either because they filed the criminal complaints themselves or because they were informed about them by third parties. It is not complete with regard to criminal complaints of which the loan guarantee cooperatives have no knowledge. The statistics are updated on an ongoing basis.

CantonCriminal complaint filed: open cases*
NumberDelinquency amount**
AG104CHF 14'058'178
AI2CHF 75'000
AR12CHF 949'153
BE73CHF 8'185'135
BL41CHF 5'252'787
BS37CHF 5'403'129
FR35CHF 3'610'244
GE86CHF 12'123'582
GL2CHF 527'300
GR13CHF 1'030'970
JU3CHF 181'000
LU43CHF 9'063'440
NE8CHF 1'186'590
NW7CHF 1'564'400
OW3CHF 490'355
SG40CHF 3'039'420
SH8CHF 1'242'000
SO23CHF 3'003'254
SZ29CHF 3'993'760
TG25CHF 2'887'146
TI121CHF 13'461'060
UR5CHF 219'640
VD141CHF 19'577'331
VS33CHF 2'941'252
ZG53CHF 10'100'028
ZH234CHF 32'694'383
Total1'181CHF 156'860'537

*Including criminal complaints filed by third parties of which the loan guarantee cooperatives are aware.

**The reported delinquency amount corresponds to the volume of credits at the time they were granted. No account is taken of whether losses have effectively been incurred.

Last updated: 25.11.2021

Closed cases after criminal complaint

The table below shows the closed cases following a criminal complaint of which the loan guarantee cooperatives are aware, either because they filed the criminal complaints themselves or because they have been informed about them by third parties. It is not complete with regard to criminal complaints of which the loan guarantee cooperatives have no knowledge. The statistics are updated on an ongoing basis.

Types of abuse
(all types according to the ordinance)
No criminal proceedings:
Non-prosecution
Criminal proceedings closed
InnocentReparationGuilty
NumberNumberDelinquency amount*NumberDelinquency amount*
Multiple applications (Art. 3, para. 1)034CHF 490'00019CHF 1'550'811
Date of foundation (Art. 3, para. 1, a.)02003CHF 99'100
In bankruptcy, estate or liquidation (Art. 3, para. 1, b.)131CHF 20'0002CHF 79'000
Sales information (Art. 7, para. 1)385CHF 363'05514CHF 1'218'285
Support for other emergency regulations (Art. 3, para. 1, d.)000000
Use of credit in general and replacement investments (Art. 6, para. 1 und 2)1123034CHF 3'531'02984CHF 5'661'472
Use of credit dividends, refinancing, etc. (Art. 6, para. 3)2021CHF 240'0003CHF 234'520
Others21111CHF 2'232'23519CHF 1'036'574
Total185956CHF 6'876'319144CHF 9'879'762

*The reported delinquency amount corresponds to the volume of credits at the time they were granted. No account is taken of whether losses have effectively been incurred.

1 As of the commencement of the Covid-19-Solidarbürgschaftsgesetz (Covid-19-SBüG) (in German) on December 19, 2020, the prohibition to carry out new investments in fixed assets that are not replacement investments has been lifted (cf. Art. 27 para. 2 Covid-19-SBüG).

2 As of the commencement of the Covid-19-SBüG on December 19, 2020, already the decision on the payment of dividends is unlawful (cf. Art. 2 para. 2 lit. a Covid-19-SBüG and Official Bulletin: AB 2020 N 2040 of October 30, 2020, and AB 2020 S 1314 f. of December 10, 2020).

Last updated: 25.11.2021

Banks: Participation list, documents and information

Here is a list of the 125 banks that have granted Covid-19 loans.

Bank-specific documents:

Bank-specific information:

Parliamentary initiatives

The following table shows the parliamentary initiatives related to the Covid-19 bridging credits program.

Type of initiativeSubmitted byDate of submissionTitle of the initiative (only in French)
Question for Question TimeMr. Samuel Bendahan (SP)15.09.2021Quelles mesures seront prises pour combattre les difficultés du secteur de la Restauration à rembourser les prêts COVID ? (21.7774)
PostulateMr. Hans-Peter Portmann (FDP)09.06.2021Entreprises et particuliers se déclarant en faillite pour contourner l’obligation de rembourser un crédit COVID-19 (21.3666)
Question for Question TimeMrs. Daniela Schneeberger (FDP)09.06.2021Préciser l’art. 2, al. 6, de la loi sur les cautionnements solidaires liés au COVID-19 (21.7556)
Question for Question TimeMrs. Doris Fiala (FDP)08.06.2021La loi sur les cautionnements solidaires liés au COVID-19 ne doit pas être une entrave aux restructurations (21.7545)
Question for Question TimeMrs. Daniela Schneeberger (FDP)02.06.2021Loi sur les cautionnements solidaires liés au COVID-19. Garantir la sécurité du droit pour les restructurations (21.7484)

Media contact

medien@seco.admin.ch