{"id":222622,"date":"2026-01-18T12:42:06","date_gmt":"2026-01-18T12:42:06","guid":{"rendered":"https:\/\/smallnews.in\/banking\/esaf-small-finance-bank\/mission-accomplished-esaf-in-mollis-concludes-on-a-high-note-with-a-successful-outcome\/"},"modified":"2026-01-18T12:42:06","modified_gmt":"2026-01-18T12:42:06","slug":"mission-accomplished-esaf-in-mollis-concludes-on-a-high-note-with-a-successful-outcome","status":"publish","type":"post","link":"https:\/\/smallnews.in\/banking\/esaf-small-finance-bank\/mission-accomplished-esaf-in-mollis-concludes-on-a-high-note-with-a-successful-outcome\/","title":{"rendered":"Mission accomplished: ESAF in Mollis concludes on a high note with a successful outcome"},"content":{"rendered":"<p>The recent Swiss Wrestling and Alpine Festival (ESAF) held in Mollis, Switzerland, has concluded with a positive financial result, marking a significant improvement from the previous event in 2022. The festival, which took place from August 29 to 31, attracted over half a million guests and ended with Armon Orlik being crowned the wrestling champion. According to the organizers, the event&#8217;s income was sufficient to not only break even but also to compensate the helpers with a higher payment of 25 francs per hour, instead of the budgeted 8 francs.<\/p>\n<p>The organizing committee did not disclose the exact amount of profit, but it is estimated to be substantial, likely exceeding two million francs. This is a significant turnaround from the previous event in Pratteln, which ended with a loss of 3.8 million francs. The success of this year&#8217;s event can be attributed to the high attendance and the organizers&#8217; ability to manage the budget effectively, despite having to increase it by several million due to additional requirements imposed by the authorities.<\/p>\n<p>The festival&#8217;s helpers, who worked a total of 120,000 volunteer hours, benefited from the additional payment, with 190 organizing committee members and around 9,000 helpers receiving the increased compensation. The event&#8217;s budget had to be increased due to various factors, but the organizers were able to manage the finances effectively, resulting in a positive outcome.<\/p>\n<p>The ESAF is a significant event in Switzerland, held every three years, and its success is a testament to the country&#8217;s rich cultural heritage and tradition of wrestling and alpine sports. The event&#8217;s conclusion with a positive financial result is a welcome relief, especially after the previous event&#8217;s significant loss. The organizers&#8217; ability to manage the budget and compensate the helpers fairly has been praised, and the event&#8217;s success is expected to have a positive impact on the local community and the sport as a whole. Overall, the ESAF in Mollis has been a resounding success, and its positive financial result is a testament to the organizers&#8217; hard work and dedication.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The recent Swiss Wrestling and Alpine Festival (ESAF) held in Mollis, Switzerland, has concluded with a positive financial result, marking a significant improvement from the previous event in 2022. The festival, which took place from August 29 to 31, attracted over half a million guests and ended with Armon Orlik being crowned the wrestling champion. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":219581,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[62],"tags":[],"class_list":["post-222622","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-esaf-small-finance-bank"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/smallnews.in\/banking\/wp-content\/uploads\/sites\/4\/2025\/02\/esaf-bank-logo.jpg?fit=736%2C410&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/p9pSib-VUG","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":222613,"url":"https:\/\/smallnews.in\/banking\/esaf-small-finance-bank\/fortum-and-skavsta-airport-ink-preliminary-agreement-to-investigate-hydrogen-and-esaf-production-opportunities\/","url_meta":{"origin":222622,"position":0},"title":"Fortum and Skavsta Airport Ink Preliminary Agreement to Investigate Hydrogen and eSAF Production Opportunities","author":"Team Small News","date":"January 16, 2026","format":false,"excerpt":"Fortum, a Finnish energy company, and Skavsta, a Swedish airport operator, have signed a Letter of Intent (LOI) to explore the production and utilization of hydrogen and eSAF (electrically produced Synthetic Alternative Fuels) in the aviation and transportation sectors. The partnership aims to reduce greenhouse gas emissions and promote sustainable\u2026","rel":"","context":"In &quot;ESAF Small Finance Bank&quot;","block_context":{"text":"ESAF Small Finance Bank","link":"https:\/\/smallnews.in\/banking\/category\/esaf-small-finance-bank\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/smallnews.in\/banking\/wp-content\/uploads\/sites\/4\/2025\/02\/esaf-bank-logo.jpg?fit=736%2C410&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/smallnews.in\/banking\/wp-content\/uploads\/sites\/4\/2025\/02\/esaf-bank-logo.jpg?fit=736%2C410&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/smallnews.in\/banking\/wp-content\/uploads\/sites\/4\/2025\/02\/esaf-bank-logo.jpg?fit=736%2C410&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/smallnews.in\/banking\/wp-content\/uploads\/sites\/4\/2025\/02\/esaf-bank-logo.jpg?fit=736%2C410&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":222555,"url":"https:\/\/smallnews.in\/banking\/indian-bank\/karthikeyan-manickam-takes-over-as-chairman-of-esaf-small-finance-bank\/","url_meta":{"origin":222622,"position":1},"title":"Karthikeyan Manickam takes over as Chairman of ESAF Small Finance Bank","author":"Team Small News","date":"January 3, 2026","format":false,"excerpt":"ESAF Small Finance Bank has appointed Karthikeyan Manickam as its new Chairman. With over 36 years of experience in public sector banking, Karthikeyan brings a wealth of expertise to the role. He previously served as Executive Director of Bank of India, where he was part of the top management team\u2026","rel":"","context":"In &quot;ESAF Small Finance Bank&quot;","block_context":{"text":"ESAF Small Finance Bank","link":"https:\/\/smallnews.in\/banking\/category\/esaf-small-finance-bank\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/smallnews.in\/banking\/wp-content\/uploads\/sites\/4\/2025\/02\/INDIAN-BANK-LOGO.jpg?fit=448%2C227&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":222626,"url":"https:\/\/smallnews.in\/banking\/equitas-small-finance-bank\/indias-microfinance-sector-contracts-to-a-4-year-low-as-lenders-exercise-increased-caution\/","url_meta":{"origin":222622,"position":2},"title":"India&#8217;s Microfinance Sector Contracts to a 4-Year Low as Lenders Exercise Increased Caution","author":"Team Small News","date":"January 19, 2026","format":false,"excerpt":"The Indian microfinance sector has experienced a significant decline in its loan portfolio, reaching its lowest point in four years at \u20b93.40 lakh crore as of November 2024. This contraction is a result of lenders' deliberate efforts to minimize asset quality risks, which has led to a decrease in overall\u2026","rel":"","context":"In &quot;Equitas Small Finance Bank&quot;","block_context":{"text":"Equitas Small Finance Bank","link":"https:\/\/smallnews.in\/banking\/category\/equitas-small-finance-bank\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/smallnews.in\/banking\/wp-content\/uploads\/sites\/4\/2025\/03\/ujjivan-small-finance-bank-logo.jpg?fit=389%2C331&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/smallnews.in\/banking\/wp-json\/wp\/v2\/posts\/222622","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smallnews.in\/banking\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smallnews.in\/banking\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smallnews.in\/banking\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smallnews.in\/banking\/wp-json\/wp\/v2\/comments?post=222622"}],"version-history":[{"count":0,"href":"https:\/\/smallnews.in\/banking\/wp-json\/wp\/v2\/posts\/222622\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/smallnews.in\/banking\/wp-json\/wp\/v2\/media\/219581"}],"wp:attachment":[{"href":"https:\/\/smallnews.in\/banking\/wp-json\/wp\/v2\/media?parent=222622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smallnews.in\/banking\/wp-json\/wp\/v2\/categories?post=222622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smallnews.in\/banking\/wp-json\/wp\/v2\/tags?post=222622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}