Swiss National Bank

Central BankNational BankSNBSwiss National Bank (SNB)
The Swiss National Bank (SNB) is the central bank of Switzerland, and is therefore responsible for the monetary policy of the nation of Switzerland and also for the issuing of Swiss franc banknotes.wikipedia
162 Related Articles

Thomas Jordan (economist)

Thomas Jordan
Chairman: Thomas Jordan
He is the chairman of the governing board of the Swiss National Bank, chairman of the Central Bank Counterfeit Deterrence Group, a member of the board of directors of the Bank for International Settlements, and a member of the steering committee of the Financial Stability Board.

Central bank

central bankscentral bankingcentral banking system
The Swiss National Bank (SNB) is the central bank of Switzerland, and is therefore responsible for the monetary policy of the nation of Switzerland and also for the issuing of Swiss franc banknotes.
Some are styled "national" banks, such as the Swiss National Bank, National Bank of Poland and National Bank of Ukraine, although the term national bank is also used for private commercial banks in some countries such as National Bank of Pakistan.

Libor

LIBOR tenorLondon Interbank Offered RateBBA LIBOR
The SNB’s monetary policy strategy consists of three elements: a definition of price stability (the SNB equates price stability with a rise in the national consumer price index of less than 2% per year), a medium-term conditional inflation forecast, and, at operational level, a target range for a reference interest rate, which is the Libor for three-month investments in Swiss francs.
The Swiss franc Libor is also used by the Swiss National Bank as their reference rate for monetary policy.

Foreign-exchange reserves

foreign exchange reservesforeign exchangeforeign reserves
The National Bank manages currency reserves.
A case to point out is that of the Swiss National Bank, the central bank of Switzerland.

Orell Füssli

Orell, Gessner, Füssli & Cie
In 1981 the bank participated in research involving Orell Füssli and an optical research group named Landis and Gyr, of matters of banknote design.
Orell Füssli has printed some of Switzerland's banknotes for the Swiss National Bank since 1911.

SIX Swiss Exchange

Swiss Stock ExchangeSIX Swiss Stock ExchangeSWX
Shares of the SNB existed within SIX Swiss Exchange from 1907 onward.
These include clearing, acting as central counterparty, custody services, market data services, share registry, payment services and running the real-time gross settlement (RTGS) system on behalf of the central bank of Switzerland the Swiss National Bank.

Banking in Switzerland

Swiss bank accountSwiss banksSwiss bank
Banking in Switzerland
The three largest banks–UBS, Credit Suisse, Julius Bär–are all regulated by the Swiss Financial Market Supervisory Authority (FINMA), and the Swiss National Bank (NSB) which derives its authority from a series of federal statutes.

2018 Swiss sovereign-money initiative

eliminate bank-created moneySovereign Money InitiativeSwiss sovereign-money initiative
Swiss sovereign money referendum, 2018
The Swiss sovereign money initiative of June 2018, also known as Vollgeld, was a citizens' (popular) initiative in Switzerland intended to give the Swiss National Bank the sole authority to create money.

Swiss franc

CHFFrankfrancs
The Swiss National Bank (SNB) is the central bank of Switzerland, and is therefore responsible for the monetary policy of the nation of Switzerland and also for the issuing of Swiss franc banknotes.
The Swiss National Bank (SNB) issues banknotes and the federal mint Swissmint issues coins.

SARON

SARON (Swiss Average Rate Overnight)
SARON (Swiss Average Rate Overnight)
Therefore, repo transactions have become a key pillar of the money markets - even the Swiss National Bank (SNB) uses repo transactions as a means of implementing its monetary policy.

Nazi gold

gold looted during World War IIgoldgold bullion once in the hands of Nazis
There is controversy over the role of the Swiss National Bank in the transfer of Nazi gold during World War II. The SNB was the largest gold distribution centre in continental Europe before the war.
The Swiss National Bank, the largest gold distribution centre in continental Europe before the war, was the logical venue through which Nazi Germany could dispose of its gold.

Swiss Financial Market Supervisory Authority

FINMASwiss Financial Market Supervisory Authority (FINMA)Swiss Federal Banking Commission
Swiss Financial Market Supervisory Authority (FINMA)
Swiss National Bank

2014 Swiss referendums

blocked by Swiss voters in 2014Swiss gold reserves referendum, 20142014 referendums
Swiss gold reserves referendum, 2014
The gold reserves proposal would have required the Swiss National Bank to have gold reserves of at least 20% of the value of the assets of the Swiss National Bank, and see all Swiss gold currently held in the Federal Reserve Bank of New York returned to Switzerland.

Switzerland

Swiss🇨🇭SWI
The Swiss National Bank (SNB) is the central bank of Switzerland, and is therefore responsible for the monetary policy of the nation of Switzerland and also for the issuing of Swiss franc banknotes.

Monetary policy

monetarymonetary policiesunconventional monetary policy
The Swiss National Bank (SNB) is the central bank of Switzerland, and is therefore responsible for the monetary policy of the nation of Switzerland and also for the issuing of Swiss franc banknotes.

Banknote

paper moneybanknotespaper currency
The Swiss National Bank (SNB) is the central bank of Switzerland, and is therefore responsible for the monetary policy of the nation of Switzerland and also for the issuing of Swiss franc banknotes.

Aktiengesellschaft

AGA.G.Limited company
The SNB is an aktiengesellschaft under special regulations, and has two head offices, one is in Bern and the other one in Zurich.

World War I

First World WarGreat WarFirst
Sometime during World War I (1914-1917 ), the bank was instructed to release notes of a small denomination, for the first time, by the Federal Council of Switzerland.

Federal Council (Switzerland)

Federal CouncilFederal CouncillorSwiss government
The Bundesrat devalued the Swiss Franc during 1936, and as a result, there was made available to the Nationalbank, an amount of monies, which the bank subsequently stored in a Währungsausgleichsfonds reserve for the future, for usage in situations of emergency.

Landis+Gyr

Landis & GyrLandis and GyrLandis & Gyr Systems
In 1981 the bank participated in research involving Orell Füssli and an optical research group named Landis and Gyr, of matters of banknote design.

Joint-stock company

joint stock companyJSCjoint-stock
During 1994 the Bank was described as a joint-stock company acting under the administration and supervision of the Confederation.

Canton (country subdivision)

cantoncantonscanton seat
It had eight branches and twenty sub-branches within cantons.

Cantons of Switzerland

cantoncantonscantonal
As of 2015 the Nationalbank is privately owned, with the majority of shares belonging to the Swiss cantons (45%) and the banks of the cantons (15%), and the smaller remainder in the possession of private individuals (40%).

Economy

economiceconomiesnational economy
The SNB is therefore obliged by constitutional statute law to act in accordance with the economic interests of Switzerland.