It is still much too early for an SNB outlook as the Swiss monetary authorities will not decide on the interest rate level until September 26, Commerzbank’s Head of FX and Commodity Research ...

The SNB cut its policy rate to 1.00%, the lowest level since early 2023, as expected by analysts in a Reuters poll. The cut was its third such reduction this year. The decision, the last in the 12 ...

The Swiss National Bank conducts the country’s monetary policy as an independent central bank. It is obliged by the Constitution and by statute to act in accordance with the interests of the ...

SNB profit up 2.3% to SAR 10.27B in H1 2024; Q2 at SAR 5.23B 6 M 2024 SNB profit slightly up to SAR 5.04B in Q1 2024 3 M 2024 SNB 2023 profit grows 8% to SAR 20B, Q4 at SAR 4.96B 12 M 2023 SNB 9M ...

The Swiss National Bank is likely to continue along its easing path, according to its incoming president, Martin Schlegel. “We will have an assessment in December again, but from the current ...

The Swiss National Bank should distribute its profits directly among citizens in order to take politics out of the decision of how much it hands out, a Swiss pro-market think tank said. This would ...

SNB was founded as NCB in 1953, which merged with Samba Financial Group in 2021 to create SNB. As of March 2024, it operated 474 branches, 19 retail service centers, and 96 QuickPay remittance centers ...

“Now the question for the SNB is not anymore whether to cut 25 basis points or to hold, but whether to cut 25 or to cut 50,” said Sebastien Gyger, chief investment officer of Banque Cantonale ...

In order to curb inflation, the Swiss National Bank (SNB) raised the key interest rate five times until it reached 1.75 percent in June 2023. In 2023, inflation fell to below 2 percent, which ...

Axis Ecorp, a pioneer in the holiday home segment, has announced a strategic collaboration with FOIC and Moneytree Realty to ...

SNB leaves interest rate on hold at -0.75% By Investing.com - Dec 10, 2015 Investing.com - The Swiss National Bank left its benchmark interest rate unchanged at record-low levels and reiterated ...

The largest bank in Saudi Arabia, SNB was formed by the merger of the National Commercial Bank and Samba Financial Group in April 2021. Today, it has subsidiaries and affiliates operating in eight ...