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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.
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.
