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The Swiss National Bank (SNB) has announced an increase in the minimum reserve requirement for domestic banks from 2.5% to 4%. This change, effective from July 1, aims to ensure the effective and efficient implementation of the SNB's monetary policy. The adjustment will also involve amending the National Bank Ordinance.
SNB raises minimum reserve requirement for domestic banks https://t.co/ksiYjqP5nN https://t.co/1gHFdMaLZl
SNB Raises Minimum Reserve Requirement For Domestic Banks - YF https://t.co/k8jZJk2HUq
⚠️ SNB RAISES MINIMUM RESERVE REQUIREMENT FOR DOMESTIC BANKS Full Story → https://t.co/MCFIwTKeW6 The Swiss National Bank is raising the minimum reserve requirement for domestic banks and will amend the National Bank Ordinance as of July 1, it said in a statement on Monday.
