Schweizerische Nationalbank - Company Profile
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Schweizerische Nationalbank (SNB) is the central bank of Switzerland that conducts various activities, including the setting of monetary policy to maintain price stability, managing of interest rates to keep inflation low, issuing banknotes, and maintenance of a stable financial system. SNB also handles other activities such as supply and distribution of cash, custody of securities, cashless payment transactions, and asset management; issues money market debt register claims and bonds; and carries out foreign exchange transactions. The bank has representative offices in Geneva, Basel, Lucerne, Lausanne, Lugano, and St Gallen; and a branch in Singapore. SNB is headquartered in Zurich, Switzerland.
Headquarters
Switzerland
Address
Bundesplatz 1, Bern, 3003
Website
www.snb.ch
Telephone
41 44 6313111
No of Employees
878
Industry
Financial Services
Ticker Symbol & Exchange
SNBN (SWF)
Revenue (2022)
$12.7B
-75.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-603.7%
(2022 vs 2021)
Market Cap*
$442.0M
Net Profit Margin (2022)
XYZ
-2,137.5%
(2022 vs 2021)
* As of and is in US$
Products and Services
| Services |
|---|
| Financial stability |
| Price stability |
| Management of currency reserves |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In June, the company announced its plans to pilot central bank digital currencies, or CBDCs. |
| 2022 | Others | In January, the bank along with five commercial banks integrated wholesale central bank digital currency (CBDC) in their existing back-office systems and processes. |
| 2021 | Others | In December, the bank along with Banque de France and BIS completed a successful cross-border wholesale Central bank digital currencies (CBDC) experiment. |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Thomas J. Jordan | Chairman - Governing Board | Executive Board | 2012 | 60 |
| Barbara Janom Steiner | President - Banking Council | Senior Management | - | 60 |
| Dewet Moser | Deputy Head-Department II; Alternate Member-Governing Board | Executive Board | 2006 | 56 |
| Martin Schlegel | Vice Chairman - Governing Board | Executive Board | 2022 | 47 |
| Thomas Moser | Alternate Member, Governing Board, and Deputy Head, Department I in Zurich | Executive Board | 2010 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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