A majority of Swiss people still have confidence in the country’s banks, although not in UBS UBSN.AS, which has been mauled by the global financial crisis, an opinion poll published on Sunday showed.

The survey conducted by Isopublic pollsters for the SonntagsBlick newspaper during last week’s rollercoaster ride on the stock markets showed that 75 percent of the 602 people asked still trusted Swiss banks.

However, 60 percent said they had little or no trust in the ability of UBS to manage the crisis, compared to 48 percent in a poll taken in February.

UBS shares tumbled to a new all-time low this week after the collapse of Lehman Brothers but recouped most of their losses on Friday after news of a U.S. government plan to prop up the financial system.

UBS has written down $42 billion of assets as a result of the subprime crisis, more than any other bank in Europe so far, and has seen Swiss clients withdraw their savings en masse. But it has rebuilt its capital base after tapping investors twice this year and is better capitalised than U.S. banks.

The survey also showed the Swiss are divided about whether the government should intervene to save a large bank from collapse, with 47 percent in favour of state aid to 45 percent against.

But there is strong support for new laws to force banks to take fewer risks, with 69 percent in favour to 26 percent against.

The Swiss banking regulator is working on stricter capital rules for the country’s two main banks UBS and Credit Suisse, which are critical to the Swiss economy as they hold liabilities worth seven times the country’s total output.