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.
Table of contents
- Covid-19 bridging credits overview
- Partially repaid Covid-19 bridging credits
- Fully repaid Covid-19 bridging credits
- Honoring on guarantees under the Covid-19 bridging credits
- Recoveries after honoring guarantees under the Covid-19 bridging credits
- Federal provisions
- Further analyses of the bridging credits granted
- Reports of abuse
- Open cases after criminal complaint
- Closed cases after criminal complaint
- Banks: Participation list, documents and information
- Legal basis
- Media releases
- Parliamentary initiatives
- Other information
- Media contact
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 Covid-19 bridging credits with amounts honored to date and, as a result, the Covid-19 bridging credits that are still outstanding. Further information on these figures can be found in the sections of this website below.
| Credit type | Number of credits | Average amount in CHF | Granted credit volume in CHF |
|
|---|---|---|---|---|
| Granted Covid-19 credits | Covid-19 credits up to CHF 500'000 | 136'738 | 101'770 | 13'915'809'036 |
| Covid-19 credit plus | 1'133 | 2'649'381 | 3'001'749'029 | |
| Total | 137'871 | 122'706 | 16'917'558'065 | |
| Fully repaid Covid-19 credits | Covid-19 credits up to CHF 500'000 | 33'652 | 152'866 | 5'144'250'577 |
| Covid-19 credit plus | 483 | 3'136'619 | 1'514'986'906 | |
| Total | 34'135 | 195'085 | 6'659'237'483 | |
| Covid-19 credits with honored volume | Covid-19 credits up to CHF 500'000 | 9'381 | 74'796 | 701'657'762 |
| Covid-19 credit plus | 12 | 1'239'635 | 14'875'616 | |
| Total | 9'393 | 76'284 | 716'533'378 | |
Total current Covid-19 credits | 94'343 | 101'139 | 9'541'787'204 |
|
Note: The figures for Covid-19 credits plus and the respective totals are based on the total amount of credit granted and not only the 85% share guaranteed by the federal government.
Last updated: 25.01.2023
Infographic for download: Covid-19 credits [png]
Partially repaid Covid-19 bridging credits
The table below provides an overview of the amortisation payments made, e.g. the portion of the Covid-19 bridging credits partially repaid by the borrowers as the result of an amortisation plan. In accordance with Art. 11 of the Covid-19-Solidarbürgschaftsgesetzes (in German), the lenders are to inform the loan guarantee cooperatives biannually (at the end of March and at the end of September, respectively) as to the current state of the amortisations. The concrete form that the amortisation plan takes is determined by the company and the banks.
| Number | Volume in CHF | Number | Volume in CHF | |
| Amortisation payments made | 89'224 | 1'214'127'865 | 90.8% | 12.2% |
Last updated: September 2022
Fully repaid Covid-19 bridging credits
The tables below show the fully repaid Covid-19 bridging credits by year and by sector. After a full repayment, the corresponding guarantee organizations are released from the Covid-19 solidarity guarantee by the lenders. Partial repayments without guarantee exoneration are not shown in the table below.
Fully repaid Covid-19 bridging credits by year
| Number of credits | Average repaid amount in CHF | Repaid amounts in CHF |
|
|---|---|---|---|
| 2020 | 8'389 | 222'884 | 1'869'775'050 |
| 2021 | 15'119 | 211'549 | 3'198'416'436 |
| 2022 | 10'385 | 150'496 | 1'562'901'155 |
| 2023 | 242 | 116'301 | 28'144'843 |
| Total | 34'135 | 195'085 | 6'659'237'483 |
Last updated: 25.01.2023
Fully repaid Covid-19 bridging credits by sectors
| Number of credits | Average repaid amount in CHF | Repaid amounts in CHF | Share of the total repaid volume | Share of the sector’s granted credit volume |
|
|---|---|---|---|---|---|
| Wholesale trade, except of motor vehicles and motorcycles (G46) | 2'412 | 320'281 | 772'518'721 | 12% | 46% |
| Retail trade, except of motor vehicles and motorcycles (G47) | 2'954 | 178'962 | 528'652'735 | 8% | 39% |
| Specialised construction activities (F43) | 2'676 | 192'257 | 514'480'849 | 8% | 34% |
| Human health activities (Q86) | 2'809 | 156'022 | 438'264'972 | 7% | 52% |
| Wholesale and retail trade and repair of motor vehicles and motorcycles (G45) | 1'363 | 276'925 | 377'448'809 | 6% | 36% |
| Food and beverage service activities (I56) | 2'578 | 97'104 | 250'335'281 | 4% | 22% |
| Architectural and engineering activities; technical testing and analysis (M71) | 1'352 | 163'155 | 220'585'996 | 3% | 45% |
| Manufacture of fabricated metal products, except machinery and equipment (C25) | 699 | 294'854 | 206'102'947 | 3% | 43% |
| Computer programming, consultancy and related activities (J62) | 1'017 | 180'798 | 183'871'178 | 3% | 43% |
| Construction of buildings (F41) | 684 | 263'426 | 180'183'400 | 3% | 33% |
| All other sectors * | 15'591 | 191'572 | 2'986'792'595 | 43% | 40% |
| Total | 34'135 | 195'085 | 6'659'237'483 | 100% | 39% |
*The Federal Statistical Office (FSO) publishes a list of all sectors (2-digit NOGA codes) on its website.
Last updated: 25.01.2023
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 credit volume granted, as the banks only call on the guarantee for the portion of the loan that the borrowers have used. Reported here are the guarantees as reported by the guarantee organisations, which may differ from federal expenditures as stated in the government financial statements due to differences in the timing of the accounting entries.
Honoring on guarantees by year
| Number of credits | Average honored amount in CHF | Honored amounts in CHF | Credit volume granted in CHF |
|
|---|---|---|---|---|
| 2020 | 666 | 82'581 | 54'999'250 | 62'851'899 |
| 2021 | 2'898 | 78'501 | 227'497'264 | 246'966'168 |
| 2022 | 5'487 | 65'852 | 361'329'466 | 378'260'352 |
| 2023 | 342 | 77'743 | 26'510'252 | 28'454'960 |
| Total | 9'393 | 71'373 | 670'336'232 | 716'533'378 |
Last updated: 25.01.2023
Honoring on guarantees by banking group
| Number of credits | Average honored amount in CHF | Honored amounts in CHF | Share of the total honored volume |
|
|---|---|---|---|---|
| Big banks * | 3'189 | 83'652 | 266'765'465 | 40% |
| Cantonal banks | 2'185 | 71'510 | 156'178'889 | 23% |
| PostFinance | 1'856 | 55'670 | 103'323'690 | 15% |
| Raiffeisen banks | 1'356 | 62'005 | 84'079'385 | 13% |
| Other banking institutions | 807 | 74'336 | 59'988'801 | 9% |
| Total | 9'393 | 71'373 | 670'336'232 | 100% |
* Credit Suisse and UBS
Last updated: 25.01.2023
Honoring on guarantees by sectors
| Number of credits | Average honored amount in CHF | Honored amounts in CHF | Share of the total honored volume | Share of the sector’s granted credit volume |
|
|---|---|---|---|---|---|
| Specialised construction activities (F43) | 1'656 | 75'565 | 125'134'841 | 19% | 8% |
| Food and beverage service activities (I56) | 1'305 | 45'915 | 59'919'253 | 9% | 5% |
| Construction of buildings (F41) | 598 | 93'014 | 55'622'179 | 8% | 10% |
| Wholesale trade, except of motor vehicles and motorcycles (G46) | 523 | 104'111 | 54'450'079 | 8% | 3% |
| Retail trade, except of motor vehicles and motorcycles (G47) | 690 | 61'359 | 42'337'378 | 6% | 3% |
| Wholesale and retail trade and repair of motor vehicles and motorcycles (G45) | 348 | 80'200 | 27'909'769 | 4% | 3% |
| Activities of head offices; management consultancy activities (M70) | 323 | 67'621 | 21'841'424 | 3% | 7% |
| Land transport and transport via pipelines (H49) | 266 | 75'116 | 19'980'858 | 3% | 11% |
| Real estate activities (L68) | 218 | 86'967 | 18'958'815 | 3% | 6% |
| Activities auxiliary to financial services and insurance activities (K66) | 403 | 45'554 | 18'358'332 | 3% | 4% |
| All other sectors * | 3'062 | 73'750 | 225'823'304 | 34% | 3% |
| Total | 9'392 | 71'373 | 670'336'232 | 100% | 4% |
*The Federal Statistical Office (FSO) publishes a list of all sectors (2-digit NOGA codes) on its website.
Last updated: 25.01.2023
Recoveries after honoring guarantees under the Covid-19 bridging credits
The table below provides information on guarantees under the Covid-19 bridging credits honored in the year indicated, for which recoveries have resulted to date. After the guarantee has been honored, the outstanding receivables from the respective Covid-19 bridging credit are transferred from the lending bank to the guarantee organization for receivables management. In the course of the receivables management, the guarantee organizations make all necessary arrangements to recover the outstanding receivables (recoveries).
| Number of guarantees honored with recoveries | Recoveries in CHF | Honored amounts in CHF | Share of recoveries of amounts honored |
|
|---|---|---|---|---|
| 2020 | 187 | 4'772'326 | 15'850'905 | 30% |
| 2021 | 551 | 13'772'656 | 39'238'370 | 35% |
| 2022 | 404 | 4'350'297 | 26'193'319 | 17% |
| 2023 | 7 | 42'101 | 720'354 | 6% |
| Total | 1'149 | 22'937'380 | 82'002'948 | 28% |
Last updated: 25.01.2023
Federal provisions
The table below provides an overview of the honoring of guarantees expected in the future. These estimates are updated annually. As of the end of 2022, the federal government has recognised provisions for CHF 1.1 billion for future honoring of guarantees until the end of the programme. Actual losses can only be determined after the end of the bridging loan programme and after the completion of the receivables management (see also: Recoveries after honoring guarantees under the Covid-19 bridging credits).
| Federal provisions for future honoring of guarantees | Portion of the outstanding loan volume as of the end of the year |
|
|---|---|---|
| 2022 | 1.1 billion | 11.4% |
Further analyses of the bridging credits granted
The following charts illustrate distributions of granted Covid-19 bridging credits by selected specifications, such as canton or sector. These visualizations provide background knowledge 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
Graphic for download: Number of credits by canton [png]
Graphic for download: Credit volume by canton [png]
Graphic for download: Number of credits by banking group [png]
Graphic for download: Credit volume by banking group [png]
Graphic for download: Top 10 banks by number of credits [png]
Graphic for download: Top 10 banks by credit volume [png]
Graphic for download: Number of credits by group of economic activities (NOGA section) [png]
Graphic for download: Credit volume by group of economic activities (NOGA section) [png]
Graphic for download: Top 10 sectors (NOGA division) by numbers of credits [png]
Graphic for download: Top 10 sectors (NOGA division) by credit volume (in CHF m) [png]
Graphic for download: Number of credits by legal form of the company [png]
Graphic for download: Credit volume by legal form of the company [png]
Graphic for download: Average credit amount by legal form of the company [png]
Graphic for download: Number of credits by company size (FTE) [png]
Graphic for download: Credit volume by company size (FTE) [png]
Graphic for download: Number of guaranteed credits by guarantee organisation [png]
Graphic for download: Guaranteed credit volume by guarantee organisation [png]
The following two figures illustrate the development over time of the granting of Covid-19 bridging credits up to 500’000 Swiss francs and are based on the data of the guarantee organizations.
Last updated: 25.01.2023
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 clarification | Abuse not confirmed | Correction without filing of criminal complaint | ||||
| Open cases | Closed cases | ||||||
| Number | Delinquency amount** | Number | Delinquency amount** | ||||
| Multiple applications (Art. 3, para. 1) | 40 | 103 | 228 | 78 | CHF 15'553'092 | 36 | CHF 3'394'317 |
| Date of foundation (Art. 3, para. 1, a.) | 34 | 127 | 174 | 12 | CHF 1'102'600 | 9 | CHF 252'136 |
| In bankruptcy, estate or liquidation (Art. 3, para. 1, b.) | 25 | 12 | 21 | 22 | CHF 1'335'861 | 17 | CHF 1'481'000 |
| Sales information (Art. 7, para. 1) | 804 | 1'041 | 1'490 | 253 | CHF 50'837'044 | 85 | CHF 10'443'635 |
| Support for other emergency regulations (Art. 3, para. 1, d.) | 2 | 0 | 2 | 1 | CHF 45'000 | 0 | 0 |
| Use of credit in general and replacement investments (Art. 6, para. 1 und 2)1 | 2'979 | 226 | 219 | 1'227 | CHF 119'611'375 | 359 | CHF 26'991'697 |
| Use of credit dividends, refinancing, etc. (Art. 6, para. 3)2 | 287 | 311 | 1'982 | 53 | CHF 9'079'193 | 15 | CHF 1'584'564 |
| Others | 425 | 57 | 114 | 296 | CHF 34'871'072 | 96 | CHF 7'770'684 |
| Total | 4'596 | 1'877 | 4'230 | 1'942 | CHF 232'435'237 | 617 | CHF 51'918'033 |
|---|---|---|---|---|---|---|---|
*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: 25.01.2023
In addition, the statistics from the Money Laundering Reporting Office (MROS) showed 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) until the end of 2021. The MROS statistics can show cases that are also included in the above table of abuse reports.
Open cases after criminal complaint
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.
Open cases after criminal complaint per canton
| Canton | Criminal complaint filed: open cases* | |
| Number | Delinquency amount** | |
| AG | 194 | CHF 20'937'058 |
| AI | 3 | CHF 95'000 |
| AR | 21 | CHF 2'210'026 |
| BE | 131 | CHF 13'569'999 |
| BL | 77 | CHF 9'791'130 |
| BS | 69 | CHF 9'465'556 |
| FR | 71 | CHF 5'510'324 |
| GE | 95 | CHF 11'425'891 |
| GL | 6 | CHF 675'500 |
| GR | 19 | CHF 1'126'478 |
| JU | 3 | CHF 173'000 |
| LU | 83 | CHF 14'937'397 |
| NE | 12 | CHF 1'069'747 |
| NW | 10 | CHF 1'800'900 |
| OW | 4 | CHF 705'355 |
| SG | 100 | CHF 7'754'981 |
| SH | 9 | CHF 911'000 |
| SO | 54 | CHF 4'844'035 |
| SZ | 46 | CHF 6'906'771 |
| TG | 38 | CHF 4'617'946 |
| TI | 100 | CHF 11'402'539 |
| UR | 7 | CHF 387'640 |
| VD | 235 | CHF 30'164'691 |
| VS | 47 | CHF 4'095'797 |
| ZG | 91 | CHF 16'061'473 |
| ZH | 417 | CHF 51'795'003 |
| Total | 1'942 | CHF 232'435'237 |
|---|---|---|
*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: 25.01.2023
Closed cases after criminal complaint
Below is a table with the closed cases by type of abus, by canton and a table of guilty verdicts by industry after criminal complaints have been filed. These are criminal complaints 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.
Closed cases by type of abuse
| Types of abuse (all types according to the ordinance) | No criminal proceedings: Non-prosecution | |||||
| Innocent | Reparation | Guilty | ||||
| Number | Number | Delinquency amount* | Number | Delinquency amount* | ||
| Multiple applications (Art. 3, para. 1) | 1 | 3 | 7 | CHF 604'936 | 25 | CHF 2'645'277 |
| Date of foundation (Art. 3, para. 1, a.) | 0 | 3 | 0 | 0 | 6 | CHF 197'136 |
| In bankruptcy, estate or liquidation (Art. 3, para. 1, b.) | 2 | 5 | 2 | CHF 62'900 | 8 | CHF 200'900 |
| Sales information (Art. 7, para. 1) | 8 | 22 | 15 | CHF 1'577'047 | 40 | CHF 5'976'500 |
| Support for other emergency regulations (Art. 3, para. 1, d.) | 0 | 0 | 0 | 0 | 0 | 0 |
| Use of credit in general and replacement investments (Art. 6, para. 1 und 2)1 | 23 | 71 | 64 | CHF 6'050'877 | 201 | CHF 14'307'052 |
| Use of credit dividends, refinancing, etc. (Art. 6, para. 3)2 | 1 | 5 | 4 | CHF 485'624 | 5 | CHF 414'520 |
| Others | 5 | 28 | 28 | CHF 3'388'042 | 35 | CHF 2'025'074 |
| Total | 40 | 137 | 120 | CHF 12'169'426 | 320 | CHF 25'766'459 |
|---|---|---|---|---|---|---|
*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: 25.01.2023
Closed cases by canton
| Canton | Criminal complaint filed: closed cases | |
| Number | Delinquency amount* | |
| AG | 28 | CHF 1'628'175 |
| AI | 0 | 0 |
| AR | 7 | CHF 421'000 |
| BE | 41 | CHF 2'999'510 |
| BL | 5 | CHF 949'800 |
| BS | 38 | CHF 2'985'025 |
| FR | 10 | CHF 364'800 |
| GE | 51 | CHF 5'845'962 |
| GL | 1 | CHF 500'000 |
| GR | 11 | CHF 1'010'970 |
| JU | 2 | CHF 68'000 |
| LU | 35 | CHF 4'321'041 |
| NE | 4 | CHF 387'615 |
| NW | 4 | CHF 719'000 |
| OW | 3 | CHF 85'000 |
| SG | 41 | CHF 2'110'570 |
| SH | 1 | CHF 500'000 |
| SO | 24 | CHF 1'838'185 |
| SZ | 19 | CHF 2'370'091 |
| TG | 11 | CHF 473'000 |
| TI | 31 | CHF 2'771'386 |
| UR | 0 | 0 |
| VD | 40 | CHF 2'361'891 |
| VS | 25 | CHF 1'487'938 |
| ZG | 14 | CHF 2'232'600 |
| ZH | 171 | CHF 13'486'474 |
| Total | 617 | CHF 51'918'033 |
|---|---|---|
*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: 25.01.2023
Guilty verdicts by industry
guilty |
||
| Number | Delinquency amount* | |
| Specialised construction activities (F43) | 68 | CHF 6'590'301 |
| Food and beverage service activities (I56) | 40 | CHF 2'814'653 |
| Retail trade, except of motor vehicles and motorcycles (G47) | 23 | CHF 1'938'796 |
| Services to buildings and landscape activities (N81) | 16 | CHF 618'247 |
| Construction of buildings (F41) | 15 | CHF 1'447'996 |
| Other personal service activities (S96) | 15 | CHF 687'490 |
| Wholesale and retail trade and repair of motor vehicles and motorcycles (G45) | 13 | CHF 1'719'966 |
| Activities of head offices; management consultancy activities (M70) | 12 | CHF 811'843 |
| Land transport and transport via pipelines (H49) | 12 | CHF 542'300 |
| Wholesale trade, except of motor vehicles and motorcycles (G46) | 10 | CHF 652'691 |
| All other industries** | 96 | CHF 7'942'176 |
| Total | 320 | CHF 25'766'459 |
|---|---|---|
*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.
**The Federal Statistical Office (FSO) publishes a list of all sectors (2-digit NOGA codes) on its website.
Last updated: 25.01.2023
Banks: Participation list, documents and information
Here is a list of the 125 banks that have granted Covid-19 loans.
Bank-specific documents:
- Framework regarding Covid-19 loans up to CHF 500,000 for participating banks
- Guarantee contract (09.04.2020)
Bank-specific information:
- Swiss Bankers Association: www.swissbanking.org: Coronavirus – Swiss financial centre
- Swiss Financial Market Supervisory Authority FINMA: www.finma.ch | Media release of 25.03.2020
- Swiss National Bank SNB: www.snb.ch | Media release of 25.03.2020
Legal basis
- Bundesgesetz über Kredite mit Solidarbürgschaft infolge des Coronavirus (german) (18.12.2020)
- Botschaft zu Änderungen des Covid-19-Gesetzes und des Covid-19-Solidarbürgschaftsgesetzes (german) (18.11.2020)
- Botschaft zum Bundesgesetz über Kredite mit Solidarbürgschaft infolge des Coronavirus (german) (18.09.2020)
- Entwurf für das Bundesgesetz über Kredite mit Solidarbürgschaft infolge des Coronavirus (german) (18.09.2020)
- Erläuternder Bericht zum Vorentwurf des Bundesgesetzes über Kredite mit Solidarbürgschaft infolge des Coronavirus (german) (01.07.2020)
- Vorentwurf für das Bundesgesetz über Kredite mit Solidarbürgschaft infolge des Coronavirus (german) (01.07.2020)
- Erläuterungen zur Notverordnung zur Gewährung von Krediten und Solidarbürgschaften in Folge des Coronavirus (german) (14.04.2020)
- Notverordnung zur Gewährung von Krediten und Solidarbürgschaften infolge des Coronavirus (german) (25.03.2020)
Media releases
- Media release of 02.02.2022
Covid-19-Kredite: Bundesrat belässt Zinsen unverändert und begrüsst Amortisationsregelungen - Media release of 17.02.2021
Coronavirus: Bundesrat erweitert Unterstützung für grössere Unternehmen und Arbeitslose - Media release of 27.01.2021
Coronavirus: Bundesrat stockt Härtefallprogramm auf und stärkt Arbeitslosenversicherung - Media release of 13.01.2021:
Coronavirus: Bund baut Unterstützung über das Härtefallprogramm aus - Media release of 18.11.2020:
Coronavirus: Federal Council adjusts Covid-19 support measures to second wave - Media release of 18.09.2020:
Coronavirus: Federal Council adopts dispatch on new Joint and Several Guarantee Act - Media release of 01.07.2020:
Coronavirus: Emergency ordinance on Covid-19 credits to be incorporated into ordinary law - Media release of 15.05.2020:
Covid-19 Kredite: Konzept zur Missbrauchsbekämpfung verabschiedet (with first version of the audit concept for preventing abuse) - Media release of 03.04.2020:
Federal Council increases volume of liquidity assistance guarantees to CHF 40 billion - Media release of 25.03.2020:
Coronavirus: Federal Council adopts emergency ordinance on granting of credits with joint and several federal guarantees - Media release of 20.03.2020:
Coronavirus: Massnahmenpaket zur Abfederung der wirtschaftlichen Folgen
Parliamentary initiatives
The following table shows the parliamentary initiatives related to the Covid-19 bridging credits program.
Other information
- Stellungnahmen aus der Vernehmlassung zum Covid-19-Solidarbürgschaftsgesetz (german)
- Current version of the audit concept for preventing abuse (german) (23.06.2020)
- Process graphic «Covid-19 credit»
- Process graphic «Covid-19 plus credit»
- Fuhrer, Lucas Marc/Ramelet, Marc-Antoine/Tenhofen, Jörn (2020). Firms’ participation in the Covid-19 loan programme, SNB Working Papers No. 25/2020, Swiss National Bank.
-
- KOF Konjunkturforschungsstelle ETH Zürich (2021). Firmenkonkurse schiessen im Mai nach oben. (german)
- «Audit of the involvement of third parties in the implementation of COVID-19 measures – State Secretariat for Economic Affairs» by the Swiss Federal Audit Office (SFAO) (22.8.2022) (summary in English)