Loading...
Loading...
Browse all stories on DeepNewz
VisitSNB's distribution to government from 2025 profits?
Less than 3 billion CHF • 25%
3 billion CHF • 25%
More than 3 billion CHF • 25%
No distribution • 25%
Official announcement from Swiss National Bank or government reports
Swiss National Bank Projects Record 2024 Profit of 80 Billion Francs, Plans 3 Billion CHF Distribution
Jan 9, 2025, 10:34 AM
The Swiss National Bank (SNB) has reported a projected profit of approximately 80 billion Swiss francs for the year 2024, marking a significant turnaround after two consecutive years of losses. The bank attributes this record profit to increases in stock prices, the value of the U.S. dollar, and rising gold prices. As a result, the SNB plans to distribute 3 billion francs to the federal government and cantons. This announcement indicates a positive shift for stakeholders following a period of financial austerity.
View original story
Below 0.5% • 25%
1% or higher • 25%
Above 0.5% but below 1% • 25%
0.5% • 25%
Cut by 25 basis points • 25%
Cut by 50 basis points • 25%
No change • 25%
Increase by 25 basis points • 25%
Cut by 25 basis points • 25%
Cut by 50 basis points • 25%
No change • 25%
Increase by 25 basis points • 25%
1% to 2% • 25%
Up to 1% • 25%
0% • 25%
More than 2% • 25%
0.3% • 25%
1% or higher • 25%
Below 0.3% • 25%
Above 0.3% but below 1% • 25%
Cut rates by 25 basis points • 25%
Increase rates • 25%
Hold rates steady • 25%
Cut rates by more than 25 basis points • 25%
Stock prices • 25%
Other factors • 25%
Gold prices • 25%
U.S. dollar value • 25%