UPDATE 1-Swiss central bank earned 2.02 bln Sfr from negative rates in 2017
04 Mar UPDATE 1-Swiss central bank earned 2.02 bln Sfr from negative rates in 2017
Posted at 08:07h
in
News
by KMFSLLP
ZURICH, March 5 (Reuters) – Switzerland’s central bank
earned 2.02 billion Swiss francs ($2.16 billion) from negative
interest rates it charges commercial banks during 2017, it said
on Monday, as one of its deputy governors announced he was
leaving.
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