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SNB regional network: questions and answers
What are the tasks of the delegates for regional economic relations ?
How long have the SNB regional delegates been in existence?
Why is Switzerland divided into eight regions for the purposes of economic monitoring?
Why is the Principality of Liechtenstein included in the SNB’s regional network under ‘Eastern Switzerland’?
In what format do the delegates conduct their surveys?
How many company surveys are conducted per year?
How are companies selected for the surveys?
Are companies obliged to participate in the surveys?
Are the names of the companies participating in the SNB surveys made public?
What are the results of the SNB’s company surveys used for?
Why does the SNB conduct its own company surveys?
Do other central banks also conduct regional economic monitoring?
What exactly is meant by the delegate’s ‘ambassador’ function?
What is the role of the Regional Economic Councils?
How do the delegates work with the Regional Economic Councils?
Is it possible to exchange banknotes at the SNB regional offices?
What are the tasks of the delegates for regional economic relations ?
The delegates for regional economic relations represent the SNB in the various regions of Switzerland.
Their task is twofold: On the one hand, they conduct personal interviews with company leaders to gather information on the course of business, which forms the basis of economic reports for the attention of the Governing Board. These surveys are carried out in the form of structured company discussions.
On the other hand, the delegates function as ambassadors of the SNB, explaining, and thereby cultivating an understanding of its monetary policy, to economic associations, local officials, and the general public.
The delegates are supported in their tasks by the Regional Economic Councils.