Small and medium-sized enterprises are also considered as the backbone of the Swiss economy. Along with this Credit Suisse also considers it as an important in order to support the Swiss SMEs by operating a consistent as well as reliable lending policy and also by offering them various bits of advice on various topics such as the succession planning. In the previous year 2008, the Credit Suisse also increased its particular credit volume to SMEs by 5%, figure which is much higher than the annual growth rate of the country’s gross domestic product and services. The bank has also its business relationship with around 100,000 Swiss companies. it means that almost every third SME is a client of the Credit Suisse. Along with this the general banking services, which they provide SMEs with various alternative forms of financing that also allow their clients in order to obtain various products to meet their individual needs and demands. In addition to all this system, they also make available they are international know how, how their business actually works. All of this, combined with their other services which are offered throughout the bank, means that they are also able in order to give competent advice to all the Swiss companies. They are also always on hand in order to support their clients planning so that they can easily investor can also launch different kinds of business activities in the growth markets like China. Clients can also count on their extensive, on also their global network and their many years of experience. Their aim is to be able to use their products and also their respective expertise in order to assist all the companies and also all the entrepreneurs, particularly in those time when there is an economic difficulty, and to be one of the reliable partners in the long term goal and planning. (Haathi, Hall and Donckels, 185)
Small and medium-sized enterprises (SMEs) are one of the principal and also the driving forces in economic development. They basically stimulate the private ownership and also the entrepreneurial skills, they are also flexible and can, therefore, adapt quickly to all the changing market supply and demand situations, they also generate employment, try to help the diversify economic activity and tend to make a significant contribution to trade and also to exports.