Swiss National Bank
The Swiss National Bank (SNB) is Switzerland's central bank. It conducts monetary policy, issues the Swiss franc, and manages Switzerland's currency reserves.
The SNB is known for policies aimed at preserving price stability and its policy interest rate decisions. Official site: Swiss National Bank.
Related Terms
Central Bank
A central bank is a country's monetary authority responsible for issuing currency, setting monetary ...
CHF
Swiss Franc
CHF is the official currency of Switzerland and Liechtenstein. It's known for its stability and is c...
Interest
Interest is the cost of borrowing money or the return earned on deposited funds, typically expressed...
RTGS
Real-Time Gross Settlement
RTGS is a funds transfer system where money moves from one bank to another on a real-time and gross ...
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