Month: June 2022

What does today’s SNB rate increase mean for banks in Switzerland?

In this article, Orbit36 discusses how today’s change in the SNB policy rate from -0.75% to -0.25% and the possible abandonment of the negative interest rate regime will impact the profitability of banks in Switzerland.

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What banks earn from negative deposit interest rates in Switzerland

At year-end 2021, banks in Switzerland had more than a trillion of client deposits in Swiss francs on their balance sheets. The vast majority of these deposits is bearing no…

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