Swiss National Bank
SNBPaper
Swiss interbank clearing migrates fully to secure SCION network
The Secure Swiss Finance Network (SSFN) has fully replaced legacy connectivity for Swiss Interbank Clearing.
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SNBNews
SNB caps annual profit distribution at CHF 6 billion through 2030
The Swiss Federal Department of Finance and the Swiss National Bank have signed a new profit distribution agreement covering 2026 through 2030.
SNBNews
Policy rate held at 0 percent as inflation reaches 0.8 percent
The Swiss National Bank has kept its policy rate unchanged at 0 percent at its monetary policy assessment on September 24, 2026.
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SNBNews
Current account surplus widens to CHF 24 billion in Q2 2026
Switzerland's current account surplus rose by CHF 13 billion year-on-year to CHF 24 billion in the second quarter of 2026, driven by stronger goods trade.
SNBNews
Benjamin Born receives 2026 Carl Menger Prize for monetary research
The Verein für Socialpolitik has awarded the 2026 Carl Menger Prize to economist Benjamin Born during its annual conference in Innsbruck.
SNBPaper
Goods prices drive two-thirds of Swiss inflation gap to euro area
Swiss inflation averaged 0.4 percent over the past 15 years, trailing the euro area by 1.8 percentage points primarily due to lower goods price growth rather than distinct consumption habits, according to an SNB study.
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SNBPaper
Rate increases lower Swiss inflation expectations, paper finds
Monetary policy rate increases and hold decisions reduced Swiss household inflation expectations by up to 0.49 percentage points between 2023 and 2025, while policy rate cuts produced no significant reaction, according to a Swiss National Bank working paper.
SNBNews
Christoph Ammann appointed President of SNB Bank Council
The Swiss Federal Council has appointed Christoph Ammann as President of the Bank Council of the Swiss National Bank, effective May 1, 2027.
SNBPaper
Centuries-old monetary debates shape crypto and CBDC architectures
A Swiss National Bank working paper maps digital tokens, including cryptocurrencies, CBDCs, and stablecoins, onto three historical monetary controversies.
SNBNews
Ulrich Bindseil named director of Gerzensee Study Center
Ulrich Bindseil will become director of the SNB's Study Center Gerzensee on January 1, 2027.
SNBNews
New TBTF rules mandate collateral prep for bank liquidity access
The Swiss Federal Council proposed measures to strengthen too-big-to-fail regulations following the Credit Suisse crisis.
SNBNews
First-half profit reaches 25.2 billion francs on equity gains
The Swiss National Bank reported a profit of 25.2 billion francs for the first half of 2026, driven by strong gains on foreign currency positions.