The big event for CHF this week is the SNB meeting on Thursday, Danske Bank's FX analyst Jens Nærvig Pedersen reports. SNB to cut the interest rate by 25bp cut to 0.25% "We expect a 25bp cut to 0 ...

Riyadh, Saudi Arabia – SNB Capital, Saudi Arabia’s largest asset manager and investment bank, has been upgraded to an A2 issuer rating with a stable outlook projected. The A2 issuer rating from ...

the central bank said on Monday. The SNB will pay interest at its policy rate of 0.5% to banks up to 20 times their minimum reserve requirement from February 1 next year, down from 22 times previously ...

LOWER RATES ELSEWHERE The actions of other central banks would also be taken into account, Schlegel said, although the SNB's focus remained on developments at home. The European Central Bank is ...

Prisma by Dukas / Contributor / Getty Images The term Swiss National Bank (SNB) refers to the central bank of Switzerland. Founded in 1906, the SNB is located in Berne and Zurich, with six other ...

The Swiss National Bank is working with the government and its ... of collateral for the purpose of obtaining liquidity from the SNB,” incoming President Martin Schlegel said at a press ...

The World Bank partnered with the SNB and SIX Digital Exchange (SDX) to further scale efforts in the use of DLT in capital markets. This partnership introduces the use of wCBDC by the SNB for initial ...

A group of Bitcoin advocates in Switzerland have launched a campaign to convince the Swiss National Bank (SNB) to add Bitcoin to its balance sheet. The nonprofit organization 2B4CH aims to hold a ...

In February 2024, The bank issued $850 million in a USD-denominated sukuk under its international sukuk program. SNB’s net profit hit $5.4 billion in 2023, an increase of 7.4% compared to 2022, with ...

At the time of press, the USD/CHF pair was up 0.15% on the day at 0.9050. The Swiss National Bank (SNB) is the country’s central bank. As an independent central bank, its mandate is to ensure ...