The Swiss National Bank (English: Swiss National Bank; German: Schweizerische Nationalbank; French: Banque Nationale Suisse; Italian: Banca Nazionale Svizzera; Romansh: Banca Naziunala Svizra) Is The Central Bank Of Switzerland, Responsible For Monetary Policy In Switzerland And The Issuance Of The Swiss Franc.
The Swiss National Bank Is A Specially Managed Joint Stock Company. About 55% Of The Shares Are Held By Public Institutions, Such As Cantons Or Cantonal Banks. The Remaining Shares Are Listed On The Exchange And Are Mainly Owned By Individual Investors. The Swiss Confederation Does Not Have Shares In It.
Policy Rate
The Swiss National Bank Implements Monetary Policy By Setting Policy Rates And Keeping The Guaranteed Guaranteed Short-term Swiss Franc In The Money Market Close To The SNB's Policy Rate.