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SNB lowers threshold factor for sight deposit remuneration to 22
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SNB lowers threshold factor for sight deposit remuneration to 22
Aug 19, 2024 1:53 AM

BERLIN, Aug 19 (Reuters) - The Swiss National Bank is

lowering the threshold factor for the remuneration of sight

deposits of account holders subject to minimum reserve

requirements to 22 from 25 effective Oct. 1, it said on Monday.

The adjustment has no impact on the current monetary policy

stance, added the bank.

(Writing by Miranda Murray, Editing by Rachel More)

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