Category Archive: 1.) SNB Press Releases

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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Assemblea generale 2017 (traduzione simultanea in italiano)

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)

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)

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

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

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

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

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.

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

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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