ZURICH, Switzerland: The Swiss National Bank (SNB) said on Monday it expected to have logged a record loss totaling 132 billion Swiss francs ($143 billion) last year, preventing it from providing funds to the government.

The Swiss central bank fell into the red after posting a profit of 26.9 billion Swiss francs in 2021.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details