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Articles by SwissNationalBank
2020-06-29 – Press release – Swiss balance of payments and international investment position: Q1 20208 days ago
2020-06-29 – Circular letter – Adjustment of special rate and selective provision of liquidity to the money market via open market operations8 days ago
The Swiss National Bank has today published its report Banks in Switzerland 2019 and the corresponding data for its annual banking statistics.1 The most important figures are summarised below.
1The figures in Banks in Switzerland are based on data in banks’ (parent companies’) individual financial statements, as required by law. The reporting entity ‘parent company’ includes bank offices in Switzerland and legally dependent branches abroad. Banks’ consolidated financial statements, by contrast, also include business conducted by their legally independent subsidiaries in Switzerland and in other countries (banks and non-banks); transactions between entities that are legally independent but belong to the same group are consolidated in the consolidated financial
Swiss National Bank maintains expansionary monetary policy
The coronavirus pandemic and the measures implemented to contain it have led to a severe downturn in economic activity and a decline in inflation both in Switzerland and abroad. The SNB’s expansionary monetary policy remains necessary to ensure appropriate monetary conditions in Switzerland.
The SNB is keeping the SNB policy rate and interest on sight deposits at the SNB at −0.75%, and in light of the highly valued Swiss franc it remains willing to intervene more strongly in the foreign exchange market. In so doing, it takes the overall exchange rate situation into account. Furthermore, under the SNB COVID-19 refinancing facility (CRF), it is providing the banking system with addit io nal liquidit y and
2020-06-18 – Speech – Thomas Jordan, Chairman of the Governing Board: Introductory remarks, news conference19 days ago
2020-06-18 – Speech – Fritz Zurbrügg, Vice Chairman of the Governing Board: Introductory remarks, news conference19 days ago
2020-06-18 – Speech – Andréa M. Maechler, Member of the Governing Board: Introductory remarks, news conference19 days ago
2020-06-15 – Financial markets – Public bonds of the Swiss Confederation according to maturity (situation at 15.06.2020)22 days ago
2020-05-29 – Data portal – How the financial account, the international investment position and the Swiss financial accounts are connectedMay 29, 2020
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