• SNB’s Schlegel: Central bank will expand ways for making liquidity available to banks

Noticias del mercado

21 septiembre 2023

SNB’s Schlegel: Central bank will expand ways for making liquidity available to banks

Swiss National Bank (SNB) Vice Chairman Martin Schlegel said on Thursday, the SNB will expand ways for making liquidity available to banks.

Further comments

SNB expects banks involved in mortgage lending to take part in the initiative.

SNB to provide liquidity against mortgages as collateral to all banks in Switzerland, not just systemically important banks.

This will benefit not only the participating banks but also Switzerland as a whole.

A bank must transfer mortgages to snb to obtain liquidity using mortgages as collateral.

Related reads

  • SNB unexpectedly leaves Deposit Rate unchanged at 1.75%
  • SNB’s Jordan: Further tightening of monetary policy cannot be ruled out
Enfoque del mercado
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Abrir cuenta demo y página personal
Entiendo y acepto la Política de Privacidad y estoy de acuerdo con que mi nombre y datos de contacto sean procesados por TeleTrade y utilizados para contactarme en lo referente a: