Category Archive: 1.) SNB Press Releases

Swiss National Bank acquires majority stake in Landqart AG

Yesterday, the Swiss National Bank (SNB) acquired 90% of the shares in Landqart AG. The remaining 10% of the share capital will be purchased by Orell Füssli Holding Ltd. The vendor is a subsidiary of Fortress Paper Ltd, which is listed on the Toronto stock exchange.

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Direct Investments in 2016

In 2016, companies domiciled in Switzerland invested CHF 71 billion abroad. Swiss direct investment abroad thus fell short of the CHF 90 billion recorded in 2015, due primarily to lower investment activity by finance and holding companies. All other industry categories combined actually exceeded the level of the previous year with investment abroad of CHF 62 billion (2015: CHF 46 billion). Of this total, CHF 29 billion was accounted for by...

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Mediengespräch – Conférence de presse – News conference – Conferenza stampa, 14.12.2017

Mediengespräch – Conférence de presse – News conference – Conferenza stampa, 14.12.2017 00:00 Einleitende Bemerkungen von Thomas Jordan, Präsident des Direktoriums der Schweizerischen Nationalbank – Remarques introductives de Thomas Jordan, président de la Direction générale de la Banque nationale suisse – Introductory remarks by Thomas Jordan, Chairman of the Governing Board of the Swiss National …

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SNB Monetary policy assessment of 14 December 2017

The Swiss National Bank (SNB) is maintaining its expansionary monetary policy, with the aim of stabilising price developments and supporting economic activity. 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%. The SNB will remain active in the foreign exchange market as necessary, while taking the overall currency situation into consideration.

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Swiss Financial Accounts, 2016 edition

Financial assets and liabilities of the institutional sectors The financial accounts form part of Switzerland’s system of national accounts. They show the financial assets and liabilities of the economy’s institutional sectors, which are non-financial and financial corporations, general government and households. The major developments in the financial accounts are outlined below.

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The good years have started, increasing SNB Profits

The Swiss National Bank (SNB) reports a profit of CHF 33.7 billion for the first three quarters of 2017. But in 2017, the picture is changed. Assuming a "biblical" cycle of seven good years and seven bad years, the SNB could now increase profits every year - thanks to a weaker franc and the seven good years.

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10 Franc Note: Banknote App Updated

The Swiss National Bank (SNB) is releasing an updated version of ‘Swiss Banknotes’, an app for mobile devices designed to help the public familiarise themselves with the new banknotes.The popular app, which has been downloaded over 70,000 times, now also showcases the new 10-franc note. It can be downloaded free of charge from the Apple (itunes.apple.com) and Google Play (play.google.com) app stores.

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Swiss National Bank Releases New 10-franc note

The Swiss National Bank (SNB) will begin issuing the new 10-franc note on 18 October 2017. Following the 50-franc and 20-franc notes, it is the third of six denominations in the new banknote series to be released. The current eighth-series banknotes will remain legal tender until further notice.

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Die neue 10-Franken-Note – Impressionen von der Präsentation

Dieser Film zeigt Impressionen von der Präsentation der neuen Schweizer 10-Franken-Note am 11. Oktober 2017 in Bern. Fritz Zurbrügg, Vizepräsident des Direktoriums der Schweizerischen Nationalbank, und Thomas Wiedmer, stellvertretendes Mitglied des Direktoriums der Schweizerischen Nationalbank, stellen die wichtigsten Gestaltungsmerkmale und Sicherheitselemente der neuen Banknote vor.

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Second Karl Brunner Distinguished Lecture, 21.09.2017

Second Karl Brunner Distinguished Lecture, 21.09.2017 00:00 Lino Guzzella, President, ETH Zurich 03:45 Thomas Jordan, Chairman of the Governing Board, Swiss National Bank 14:50 John B. Taylor, Mary and Robert Raymond Professor of Economics, Stanford University

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SNB Monetary Policy Assessment September 2017 and Comments

The SNB projects that she will reach her inflation target, shortly under 2% in the medium term, i.e. in 2019/2020. One reason might be the weakening of the Swiss Franc. But she does not prepare for a normalization of her policy: From the history we know that - once the franc is weakening - inflation may rise very quickly.

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Survey on the use of payment methods in Switzerland

The Swiss National Bank (SNB) is this year conducting a survey on payment methods for the first time. Over the coming months, 2,000 people resident in Switzerland will be asked about their habits regarding the use of payment methods. The aim of the survey is to obtain representative information on the Swiss population’s use of various payment methods and to identify any changes in this respect.

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SNB reports a profit of CHF 1.2 billion for the first half of 2017

The Swiss National Bank (SNB) reports a profit of CHF 1.2 billion for the first half of 2017. A valuation gain of CHF 0.3 billion was recorded on gold holdings. The profit on foreign currency positions amounted to CHF 0.1 billion and the profit on Swiss franc positions stood at CHF 0.9 billion. The SNB’s financial result depends largely on developments in the gold, foreign exchange and capital markets.

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Banks in Switzerland 2016

Summary of the 2016 banking year. In 2016, 226 of the 261 banks in Switzerland reported a profit, taking total profit to CHF 11.8 billion. The remaining 35 institutions recorded an aggregate loss of CHF 3.9 billion. The result of the period for all banks was thus CHF 7.9 billion.

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Vernissage der Festschrift “Monetary Economic Issues Today”, 16.06.2017

00:00 Ehrung, Thomas J. Jordan 13:15 Ansprache, Ernst Baltensperger 22:55 Ansprache, Andréa M. Maechler 30:20 Podiumsdiskussion “Aktuelle Fragen der monetären Ökonomie”

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Mediengespräch – Conférence de presse – News conference – Conferenza stampa, 15.06.2017

Mediengespräch – Conférence de presse – News conference – Conferenza stampa, 15.06.2017 00:00 Einleitende Bemerkungen von Thomas Jordan, Präsident des Direktoriums der Schweizerischen Nationalbank – Remarques introductives de Thomas Jordan, président de la Direction générale de la Banque nationale suisse – Introductory remarks by Thomas Jordan, Chairman of the Governing Board of the Swiss National …

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SNB Monetary Policy Assessment June 2017 and Comments

The Swiss National Bank (SNB) is maintaining its expansionary monetary policy, with the aim of stabilising price developments and supporting economic activity. 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%.

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Swiss National Bank releases updated banknote app

The Swiss National Bank (SNB) is releasing an app for mobile devices, designed to help the public familiarise themselves with the new banknotes. The app – an updated version of the ‘50-franc’ app launched last year to accompany the issue of the new 50-franc note – is now called ‘Swiss Banknotes’ and can be downloaded free of charge from the Apple (itunes.apple.com) and Google Play (play.google.com) app stores.

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Die neue 20-Franken-Note – Impressionen von der Präsentation

Dieser Film zeigt Impressionen von der Präsentation der neuen Schweizer 20-Franken-Note am 10. Mai 2017 in Bern. Fritz Zurbrügg, Vizepräsident des Direktoriums der Schweizerischen Nationalbank, und Thomas Wiedmer, stellvertretendes Mitglied des Direktoriums der Schweizerischen Nationalbank, stellen die wichtigsten Gestaltungsmerkmale und Sicherheitselemente der neuen Banknote vor.

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