The Business Times

Swiss National Bank

Banking & Finance

Swiss National Bank keeps interest rate at zero, warns of tariff impact

epa12184804 Swiss National Bank's (SNB) Chairman of the Governing Board Martin Schlegel speaks during a media briefing at the SNB headquarters in Zurich, Switzerland, 19 June 2025. EPA-EFE/MICHAEL BUHOLZER
Banking & Finance

Swiss National Bank cuts interest rate to zero in effort to stop franc inflows

Switzerland has long had an affinity for physical money and still has a 1,000 Swiss franc (S$1,522) note – one of the world’s highest-value notes.
Banking & Finance

Cash still king for Swiss businesses, central bank survey shows

The SNB cut its policy rate to 1 per cent, the lowest level since early 2023.
Banking & Finance

Swiss central bank lowers rates and flags further cuts as inflation eases

The Swiss watch industry includes some 700 companies employing about 65,000 people.
Watches

Swiss watchmakers call on central bank to act on franc as exports slump

(FILES) The building of the Swiss National Bank (SNB BNS) is pictured on April 25, 2019 in Bern. The Swiss National Bank cut interest rates on June 20, 2024, for a second straight meeting, after becoming in March the first Western central bank to slash borrowing costs that had been raised to battle inflation. (Photo by Fabrice COFFRINI / AFP)
Banking & Finance

Swiss central bank posts record half year profit

SNB new chairman Martin Schlegel stressed his commitment to the central bank’s mandate of ensuring price stability, defined as an inflation rate of 0 to 2 per cent.
International

New Swiss National Bank chairman Schlegel stresses price stability goal

The Swiss central bank notes that since January, systemically important banks have had to comply with new liquidity requirements. These address some, but not all, of the weaknesses that materialised during the Credit Suisse crisis.
Banking & Finance

Swiss financial regulations not yet tough enough post-Credit Suisse, central bank says

The SNB cut its policy rate by 25 basis points to 1.25 per cent.
International

Swiss National Bank presses ahead as rate cutting front-runner

Thomas Jordan, Chairman of the SNB, says retail CBDC could fundamentally alter the current monetary system and the role of central banks and commercial banks, with far-reaching consequences for the financial system.
Banking & Finance

Swiss National Bank’s chairman against issuing retail central bank digital currency

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