Category Archive: 1.) SNB Press Releases
SNB COVID-19 refinancing facility expanded to include cantonal loan guarantees as well as joint and several loan guarantees for startups
The Swiss National Bank announced the establishment of the SNB COVID-19 refinancing facility (CRF) on 25 March 2020. This facility allows banks to obtain liquidity from the SNB by assigning credit claims from corporate loans as collateral. In so doing, the SNB enables banks to expand their lending rapidly and on a large scale.
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SNB appoints new delegate Fabian Schnell for regional economic relations for Zurich region
With effect from 1 May 2020, Fabian Schnell will assume the function of Swiss National Bank (SNB) delegate for regional economic relations for the Zurich region. He succeeds Rita Kobel Rohr, who is taking on a new position at the SNB’s General Secretariat on 1 July 2020.
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SNB Interim Results: -38 Billion, An Analysis
The Swiss National Bank reports a loss of CHF 38.2 billion for the first quarter of 2020. The loss on foreign currency positions amounted to CHF 41.2 billion.
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Swiss Balance of Payments and International Investment Position: Q4 2019 and review of the year 2019
In the fourth quarter of 2019, the current account surplus was CHF 26 billion, CHF 11 billionmore than in Q4 2018. The increase was primarily attributable to the higher receipts surplus in investment income and goods trade. The transactions reported in the financial account showed a net acquisition of financial assets (CHF 40 billion) and a net incurrence of liabilities (CHF 19 billion) in Q4 2019.
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Monetary policy assessment of 19 March 2020
Swiss National Bank maintains expansionary monetary policy, raises negative interest exemption threshold, and is examining additional steps. Coronavirus is posing exceptionally large challenges for Switzerland, both socially and economically. Uncertainty has risen considerably worldwide, and the outlook both for the global economy and for Switzerland has worsened markedly.
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SNB Profit in 2019: 48.9 billion (2018: loss of CHF 14.9 billion, 2020 Does not Look Good)
The increasing volatility of SNB Earnings Annual results are not really definite. Given that the SNB accumulates foreign currencies with interventions, they have huge swings. But the SNB may lose 50 billion in one year and win 60 billion in the next year or vice verse. Good years of the Credit Cycle This trend was … Continue reading »
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2020-02-17 – The SNB’s Karl Brunner Distinguished Lecture Series: Carmen Reinhart to hold fifth lecture
The Swiss National Bank is honouring Carmen Reinhart with this year’s Karl Brunner Distinguished Lecture Series. Carmen Reinhart is an influential economist who has made outstanding contributions to macroeconomics. She has been Professor of the International Financial System at Harvard Kennedy School since 2012, and also currently serves on the Economic Advisory Panel of the Federal Reserve Bank of New York.
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Cérémonie symbolique de remise du billet de 100 francs
Cérémonie de remise symbolique du billet de 100 francs à Ayent, le 12 septembre 2019
Orateurs:
Thomas Jordan, président de la Direction générale de la Banque nationale suisse
Marco Aymon, président de la Commune d’Ayent
Gustave Savioz, président du Consortage du Grand Bisse d’Ayent
Roberto Schmidt, président du Conseil d’Etat du Canton du Valais
Animation:
Romaine Jean
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Cérémonie symbolique de remise du billet de 100 francs
Cérémonie de remise symbolique du billet de 100 francs à Ayent, le 12 septembre 2019 Orateurs: Thomas Jordan, président de la Direction générale de la Banque nationale suisse Marco Aymon, président de la Commune d’Ayent Gustave Savioz, président du Consortage du Grand Bisse d’Ayent Roberto Schmidt, président du Conseil d’Etat du Canton du Valais Animation: …
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Central bank group to assess potential cases for central bank digital currencies
The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Sveriges Riksbank and the Swiss National Bank, together with the Bank for International Settlements (BIS), have created a group to share experiences as they assess the potential cases for central bank digital currency (CBDC) in their home jurisdictions.
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Mediengespräch – Conférence de presse – News conference – Conferenza stampa, 12.12.2019
Mediengespräch - Conférence de presse - News conference - Conferenza stampa, 12.12.2019
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 Bank - Osservazioni introduttive di Thomas Jordan,...
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Mediengespräch – Conférence de presse – News conference – Conferenza stampa, 12.12.2019
Mediengespräch – Conférence de presse – News conference – Conferenza stampa, 12.12.2019 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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Swiss Balance of Payments and International Investment Position: Q3 2019
In summary: Nearly any change against the third quarter of 2018. About the same figures. But clearly and – as usual – a massive surplus. Key figures: Current Account: Up 39.15% against Q3/2018 to 18.09 bn. CHF. of which Goods Trade Balance: Plus 49.78% against Q3/2018 to 16.76 bn. of which the Services Balance: Minus 12.94% to 5.25 bn.
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Monetary policy assessment of 12 December 2019
The Swiss National Bank is keeping the SNB policy rate and interest on sight deposits at the SNB at −0.75%. It remains willing to intervene in the foreign exchange market as necessary, while taking the overall currency situation into consideration. The expansionary monetary policy continues to be necessary given the inflation outlook in Switzerland.
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Die neuen Noten – die Gestaltungs- und die Sicherheitsmerkmale
Dieser Film zeigt die Vielfalt der Gestaltungs- und Sicherheitsmerkmale der neuen Schweizer Banknoten. Er lädt die Betrachter ein, die Note in allen ihren Facetten zu entdecken.
Die neuen Banknoten enthalten eine Kombination aus bewährten und neuartigen Sicherheitselementen, die eine umfassende Echtheitsprüfung der Note erlauben. Dabei wird zwischen visuellen und taktilen Merkmalen für das Publikum und Merkmalen unterschieden, die nur mit...
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Les nouveaux billets – Les éléments graphiques et de sécurité
Ce film présente les différents éléments graphiques et de sécurité dont sont dotés les nouveaux billets de banque suisses, et nous invite à découvrir ces derniers sous toutes leurs facettes.
Les nouveaux billets de banque allient certains éléments de sécurité ayant déjà fait leurs preuves et d'autres, novateurs, qui permettent une vérification complète de l'authenticité des billets. Distinction est faite entre les éléments visuels et tactiles...
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The new banknotes – design and security features
The film shows a variety of design elements and security features that can be found on the new Swiss banknotes. It invites the viewer to discover the note's many facets.
The new banknotes have numerous security features - some new, some tried and tested - offering a range of different ways to check if a note is genuine. A distinction is made between visual and tactile features that the general public can readily check and features that can only be...
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Le nuove banconote – Le caratteristiche grafiche e di sicurezza
Questo film mostra le molteplici caratteristiche grafiche e di sicurezza delle nuove banconote svizzere. Esso invita a scoprire la banconota in tutte le sue sfaccettature.
Le nuove banconote contengono una combinazione di elementi di sicurezza sia di comprovata efficacia sia di nuova concezione, che permettono un'esauriente verifica della loro autenticità. Accanto a caratteristiche visive e tattili ad uso del pubblico sono presenti caratteristiche...
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Die neuen Noten – die Gestaltungs- und die Sicherheitsmerkmale (Version für Hörbehinderte)
Dieser Film zeigt die Vielfalt der Gestaltungs- und Sicherheitsmerkmale der neuen Schweizer Banknoten. Er lädt die Betrachter ein, die Note in allen ihren Facetten zu entdecken.
Die neuen Banknoten enthalten eine Kombination aus bewährten und neuartigen Sicherheitselementen, die eine umfassende Echtheitsprüfung der Note erlauben. Dabei wird zwischen visuellen und taktilen Merkmalen für das Publikum und Merkmalen unterschieden, die nur mit...
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