Confederation and cantons to receive distribution of CHF 4 billion
According to provisional calculations, the Swiss National Ban k will report a profit in the order of CHF 21 billion for the 2020 financial year. The profit on foreign currency posi ti ons amounted to CHF 13 billion. A valuation gain of CHF 7 billion was recorded on gold holdings. The net r esult on Swiss franc posit ions amounted to over CHF 1 billion.
The allocation to the provisions for currency reserves will be CHF 6.3 billion. After taking into account the distribution reserve of CHF 84.0 billi on, the net profit will be in the region of CHF 98 billion. This will allow a dividend payment of CHF 15 per share, which corresponds to the legally stipulated maximum amount, as well as a profit
2021-01-08 – Swiss National Bank expects annual profit of around CHF 21 billion for 2020
8 days ago
