The National Bank was founded by virtue of the Federal Act on the Swiss National Bank, which entered into force on 16 January 1906. Business was started on

The Federal Constitution entrusts the Swiss National Bank, as an independent central bank, with the conduct of monetary policy in the interests of the country as a whole

The National Bank Act (NBA), which entered into force in 2004, defines the SNB’s responsibilities and describes in detail its mandate with regard to asset management. The National Bank

The Swiss National Bank’s assets essentially consist of foreign currency, gold and financial assets in Swiss francs (securities and claims from repo transactions). They fulfil important monetary policy

As at 31 December 2007, the key asset allocation data for the foreign exchange reserves and the monetary CHF portfolio were as follows (figures of previous quarter are

The main risks to investments are market risks, i.e. risks related to the gold price, exchange rates, share prices and interest rates. These risks are managed primarily through

Return on investments in Swiss francs(1)   [NP][/NP]     . "Swiss National Bank." . . Swiss National Bank. 1.31.08

The SNB analyses the developments in the financial markets and in the area of financial market infrastructure. It pays special attention to the Swiss banking industry and the

The Swiss National Bank (SNB) divides the 338 banks in Switzerland into various categories: big banksbig banks, cantonal bankscantonal banks, regional banks and savings banksregional banks and savings