The Swiss people's trust in the country's banking giant UBS has been eroding following the subprime crisis, a survey commissioned by Swiss tabloid newspaper SonntagsBlick indicated Sunday.

Only 35 percent of Swiss people surveyed on September 19 said they still trusted UBS, compared to 41 percent of those polled in early February.

Some 60 percent now said they did not trust the bank, while in February, the corresponding figure was 48 percent.

The survey contrasted with the level of confidence in Swiss banking overall, as three in four people said they still trusted Switzerland's banks in general.

The results appear to reflect customers' actions.

In the second quarter of the year, UBS saw net new money outflow of some 43.9 billion francs as customers took their assets elsewhere.

However, Raiffeisen reported during the first half of the year new money inflow of six billion francs. Likewise, Zuercher Kantonalbank reported net new money inflow of 6.7 billion francs.

UBS is among one of the worst-hit banks worldwide by the subprime home loans crisis, having written down some 42.5 billion dollars on its subprime-related assets since the beginning of the turmoil.