Category Archive: 1.) SNB Press Releases

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SNB Monetary Policy Assessment June 2017 and Comments

2017-06-15

SNB Switzerland Conditional Inflation Forecast

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

2017-05-17

by SNB

2017-05-17

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

2017-05-11

by SNB

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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Assemblea generale 2017 (traduzione simultanea in italiano)

2017-05-10

by SNB

Assemblea generale, 28.04.2017 00:00 Jean Studer, presidente del Consiglio di banca della Banca nazionale svizzera 32:40 Thomas Jordan, presidente della Direzione generale della Banca nazionale svizzera

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Assemblée générale 2017 (traduction simultanée en français)

2017-05-10

by SNB

Assemblée générale, 28.04.2017 00:00 Jean Studer, président du Conseil de banque de la Banque nationale suisse 32:40 Thomas Jordan, président de la Direction générale de la Banque nationale suisse

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Generalversammlung 2017 (Simultanübersetzung auf Deutsch)

2017-05-10

by SNB

Generalversammlung, 28.04.2017 00:00 Jean Studer, Präsident des Bankrats der Schweizerischen Nationalbank 32:40 Thomas Jordan, Präsident des Direktoriums der Schweizerischen Nationalbank

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Generalversammlung – Assemblée générale – General Meeting of Shareholders – Assemblea generale, 2017

2017-05-10

by SNB

Generalversammlung – Assemblée générale – General Meeting of Shareholders – Assemblea generale, 28.04.2017 00:00 Jean Studer, Präsident des Bankrats der Schweizerischen Nationalbank – Jean Studer, président du Conseil de banque de la Banque nationale suisse – Jean Studer, president of the Bank Council of the Swiss National Bank – Jean Studer, presidente del Consiglio di …

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SNB posts 7.9 billion CHF Profit in Q1

2017-04-27

by George Dorgan

2017-04-27

SNB Results in the first 1 Quarters 2017: +2.2 billion CHF

The SNB reports a profit of 7.9 bn CHF, of which 2.2 bn come from the gold holdings. Given that the bank has introduced a "minimum euro rate" around 1.06-1.07, this is not very difficult. It comes at the price of continuing interventions.

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SNB Monetary Policy Assessment March 2017: EUR/CHF lower again

2017-03-16

by George Dorgan

2017-03-16

Conditional Inflation Forecast, March 2017

The EUR/CHF collapsed after the monetary assessment meeting of the Swiss National Bank. The SNB did not fulfill the wishes of currency traders with a more dovish policy, i.e. with lower rates or the thread of stronger interventions.

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Swiss National Bank Results 2016 and Comments

2017-03-06

by George Dorgan

2017-03-06

The Swiss National Bank (SNB) reports a profit of CHF 24.5 billion for the year 2016 (2015: loss of CHF 23.3 billion). The profit on foreign currency positions amounted to CHF 19.4 billion. A valuation gain of CHF 3.9 billion was recorded on gold holdings. The profit on Swiss franc positions was CHF 1.6 billion.

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SNB announces 24 bn CHF profit for 2016 thanks to rising stock markets.

2017-01-09

by George Dorgan

2017-01-09

2016 Profit and Loss Swiss National SNB, US Dollar, Canadian Dollar, Japanese Yen, British Pound, FX rates for USD, JPY, EUR, GBP in 2016 with base currency CHF

The Swiss National Bank has announced 24 bn profits from 2016. Profits came from the dollar, yen and Canadian dollar, while the pound retreated by 15%. The EUR/CHF is only slightly weaker, mostly because the SNB actively supported the euro.

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Swiss Financial Accounts, 2015 edition

2016-12-24

by SNB

2016-12-24

This year, the Swiss financial accounts, which have been released by the Swiss National Bank since 2005, feature changes affecting both timeliness and presentation. For the first time, data on the financial accounts are now published within eleven months of the reference date, reducing time to publication by one year. Moreover, the balance sheet of households, previously the subject of the press release on household wealth, is now included in the...

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Swiss National Bank further strengthens provisions for currency reserves

2016-12-20

by George Dorgan

2016-12-20

The Swiss National Bank uses a strange formula on the basis of economic growth for the provisions for FX losses. It would be much easier to connect this number to the size of the balance sheet, e.g. 10% of the balance sheet.

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Direct Investments in 2015

2016-12-20

by SNB

2016-12-20

Swiss direct investment abroad, Foreign Investment in Switzerland, Swiss subsidiaries abroad

Swiss direct investment abroad. Companies domiciled in Switzerland invested CHF 100 billion abroad, compared with disinvestment of CHF 1 billion the year before. Thus, Swiss direct investment abroad was significantly above the average for the past ten years. At CHF 54 billion, over half of the investment was made by finance and holding companies (2014: CHF 3 billion).

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SNB Monetary policy assessment December 2016 and Comments

2016-12-15

by SNB

2016-12-15

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 same time, the SNB will remain active in the foreign exchange market as necessary, while taking the overall currency situation into consideration.

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Mediengespräch – Conférence de presse – News conference – Conferenza stampa, 15.12.2016

2016-12-15

by SNB

Mediengespräch – Conférence de presse – News conference – Conferenza stampa, 15.12.2016 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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