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Read the Governing Board’s introductory remarks

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Introductory remarks by the Governing Board

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Financial Stability Report 2025

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Introductory remarks
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SNB policy rate
0.00%
08.07.2025
SARON
-0.04%
07.07.2025
Confed. yield
0.442%
08.07.2025
EUR / CHF
0.9359
08.07.2025
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0.7964
08.07.2025
100 JPY / CHF
0.5447
08.07.2025
GBP / CHF
1.0841
08.07.2025
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Monetary policy assessment of 19 June 2025

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Introductory remarks by the Governing Board Introductory remarks by the Governing Board

Financial Stability Report 2025

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Financial Stability

A solid financial system

The SNB analyzes developments on the financial markets and in the area of financial market infrastructure. It takes an in-depth look at the Swiss banking sector and financial market infrastructures.

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The ‘Salon bleu’, one of the meeting rooms at the Berne head office

Monetary policy

The monetary policy strategy

The SNB conducts Switzerland's monetary policy as an independent central bank. Find relevant information here.

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Working at the SNB - what's it like?

Modern working environments with attractive conditions: Learn all about the SNB as an employer here.

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Banknotes and coins

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The SNB is entrusted with the note-issuing privilege. It supplies the Swiss economy with banknotes commensurate with demand for payment purposes. It is also charged by the Confederation with the task of coin distribution.

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