SNB Will No Longer Pay for Deposits to Meet Reserve Needs. Adjustments will reduce interest costs for the central bank; SNB already introduced tiered system in September 2022 The Swiss National ...

The Swiss National Bank may have cut its interest rate to zero, but the way it penalizes banks’ excess reserve holdings means ...

The bank council is responsible for overseeing and controlling the SNB's business activities. There are 11 members of the council who each serve four-year terms.

"Banks' liquidity provisions should be improved," SNB vice chairman Martin Schlegel said in a speech after the central bank surprised markets with an 25 basis-point interest rate cut.

The Swiss National Bank (SNB) is to issue a wholesale central bank digital currency (CBDC) on Switzerland's SIX digital exchange as part of a pilot, the central bank's chairman said at a ...

ZURICH, March 26 (Reuters) - Switzerland's currency is still significantly overvalued and the Swiss National Bank is prepared to intervene in the foreign exchange market if necessary, SNB bank ...

The Swiss National Bank (SNB) has attempted to halt the “massive overvaluation” of the franc by setting a minimum exchange rate target of SFr1.20 to the euro.