Breaking: SNB unexpectedly cuts Deposit Rate by 25 bps to % Following its quarterly monetary policy assessment on Thursday, the Swiss National Bank (SNB). The Swiss National Bank (SNB) is the central bank of Switzerland. Like other central banks, the SNB is responsible for setting monetary policy. The Swiss National Bank is the incorporated central bank of Switzerland; it was created to consolidate the operations of more than 50 regional banks that. History · Many Swiss banking practices, including secrecy, trace their origins to Geneva in the 18th century. · Switzerland's mountainous terrain helps to store. The Swiss National Bank (SNB), as an independent central bank, with the conduct of monetary policy in the interests of the country as a whole.
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