Swiss National Bank - FY2016 profit of CHF24.5bn ($24.2bn), with a majority of the gains coming from its foreign currency holdings. The bank has been under pressure to raise interest rates in response to weak economic growth and low inflation.
Swiss National Bank - FY2016 profit of CHF24.5bn ($24.2bn), with a majority of the gains coming from its foreign currency holdings. The central bank is not required to make a profit however, a portion of any profit is distributed to the Swiss government and the country's 26 cantons.