Search Results for: Swiss National Bank (SNB)
The Swiss National Bank (SNB) is reporting a loss of CHF 50.1 billion for the first half of 2015
July 31st, 2015
The central bank of Switzwerland has issued a press release to inform for the Interim results The Swiss National Bank (SNB) is reporting a loss of CHF 50.1 billion for the first half of 2015. The loss on foreign currency ...
Swiss National Bank leaves expansionary monetary policy unchanged
September 15th, 2016
The Swiss National Bank (SNB) is maintaining its expansionary monetary policy. Interest on sight deposits at the SNB is to remain at –0.75% and the target range for the three-month Libor is unchanged at between –1.25% and –0.25%. At ...
The Swiss National Bank reports a profit of CHF 5.7 billion for the first quarter of 2016.
May 9th, 2016
The Swiss National Bank (SNB) reports a profit of CHF 5.7 billion for the first quarter of 2016. A valuation gain of CHF 4.1 billion was recorded on gold holdings. The profit on foreign currency positions amounted to CHF ...
The Swiss National Bank announced that the Swiss Interbank Clearing payment system goes into operation
April 21st, 2016
The Swiss National Bank (SNB) welcomes the successful operational start-up of the technically overhauled Swiss Interbank Clearing (SIC) payment system by SIX Interbank Clearing Ltd on the settlement day 15 April 2016. The SIC system, used by banks to ...
Swiss National Bank published the Annual results for 2015
March 7th, 2016
The Swiss National Bank (SNB) is reporting a loss of CHF 23.3 billion for the year 2015 (2014: profit of CHF 38.3 billion). The loss on foreign currency positions amounted to CHF 19.9 billion. A valuation loss of CHF ...
Swiss National Bank expects annual loss of CHF 23 billion
January 11th, 2016
Ordinary profit distribution, thanks to large distribution reserve According to provisional calculations, the Swiss National Bank (SNB) will report a loss in the order of CHF 23 billion for the 2015 financial year. The loss on foreign currency positions ...
Swiss National Bank released: Monetary policy remains expansionary
December 10th, 2015
The Swiss National Bank has issued today a press release to inform in relation to its monetary policy assessment. Monetary policy remains expansionary The Swiss National Bank (SNB) is maintaining its expansionary monetary policy. The target range for the ...
The Current State of the Swiss Franc
November 30th, 2015
The Swiss National Bank (SNB) kept policy unchanged at the June policy review, leaving their benchmark interest of deposits at -0.75%. The target range for the three month Libor remained unchanged at -1.25% to -0.25%. The SNB repeated ...
Swiss issuers to weather forex storm
August 26th, 2015
The ‘Swiss Credit Handbook 2015’ published today by Credit Suisse contains the credit profiles of the most important Swiss issuers and participants in the Swiss franc capital market. Assessments of the creditworthiness of the different entities covered by Credit Suisse credit ...
SNB says progress needed from biggest Swiss banks on capital
June 18th, 2015
The Swiss National Bank (SNB) on Thursday welcomed the improvement made by the country’s biggest banks, UBS and Credit Suisse, to their capital strength in the past year but said further progress was needed. “The SNB recommends that the ...
