What are Mission Vision & Core Values of Schweizerische Nationalbank Company?

The SNB's primary objective is to maintain price stability. This is achieved through various monetary policy tools, including setting the SNB policy rate. The SNB actively monitors inflation and adjusts its policies to ensure that inflation remains within the target range.

The SNB implements its monetary policy by setting the SNB policy rate. This rate influences short-term Swiss franc money market rates. In March 2025, the SNB cut its policy rate to 0.25% in response to low inflationary pressures.

The SNB forecasts and manages inflation to ensure price stability. In 2025, the SNB forecasted an average inflation rate of 0.4%. The bank uses various tools, including foreign exchange interventions, to manage inflation risks.

The SNB actively intervenes in the foreign exchange market. These interventions aim to influence the value of the Swiss franc and manage inflation. In 2024, the SNB made net purchases of foreign currency equivalent to CHF 1.2 billion.

Another key function of the SNB is the design, production, and distribution of Swiss banknotes. This ensures an adequate supply of secure and functional currency for the Swiss economy. This supports the overall financial stability.

The SNB's mission is fundamentally stability-focused, prioritizing the monetary and financial stability of Switzerland. This stability underpins broader economic well-being and is crucial for long-term prosperity. For more details on the SNB's mission and values, see Mission, Vision & Core Values of Schweizerische Nationalbank.

The SNB's vision emphasizes its independence, a cornerstone of its credibility. This independence allows the SNB to make decisions free from political influence, ensuring that its monetary policy decisions are solely focused on achieving its primary objective: price stability. The SNB is also accountable to the public and the government, regularly reporting on its activities and performance.

At the heart of the SNB’s vision is the commitment to price stability. This means keeping inflation within a target range, which currently is between 0% and 2%. Maintaining price stability is crucial for fostering economic growth, as it allows businesses and individuals to make informed decisions without the uncertainty of fluctuating prices. The SNB uses various monetary policy tools, such as adjusting the policy rate and intervening in the foreign exchange market, to achieve this goal.

The SNB's vision embraces adaptability and innovation. The financial landscape is constantly evolving, with new technologies and global economic shifts presenting both opportunities and challenges. The SNB actively monitors these developments and adapts its strategies accordingly. For example, the SNB is exploring the potential of central bank digital currencies (CBDCs).

The SNB's vision extends beyond price stability to include a contribution to the sustainable growth of the Swiss economy. By ensuring price stability, the SNB creates a stable economic environment that encourages investment, job creation, and overall prosperity. The SNB's actions, therefore, are not only aimed at controlling inflation but also at supporting the long-term health and competitiveness of the Swiss economy. The SNB's strategy is crucial for Switzerland's economic success.

Transparency is a key element of the SNB's vision. The SNB is committed to communicating its monetary policy decisions and the rationale behind them to the public. This transparency builds trust and allows the public to understand and support the SNB's actions. The SNB publishes regular reports, holds press conferences, and engages in dialogue with stakeholders to ensure that its activities are well-understood.

The SNB recognizes the importance of international cooperation in achieving its vision. The global economy is interconnected, and the SNB works closely with other central banks and international organizations to address global economic challenges. This cooperation is essential for maintaining financial stability and promoting sustainable economic growth worldwide. The SNB actively participates in international forums and initiatives.

To maintain appropriate monetary conditions and support economic growth, the SNB actively participates in the foreign exchange market. Intervention in the foreign exchange market helps to prevent an overvalued franc, which can hinder export competitiveness.

The SNB's vision for innovation is demonstrated by its pilot project for a wholesale central bank digital currency (CBDC) on the SIX Digital Exchange (SDX). This initiative showcases the SNB's strategic embrace of emerging technologies.

The SNB's commitment to financial stability shapes its approach to banking regulation. The crisis at Credit Suisse highlighted weaknesses, leading the SNB to support proposals to strengthen capital requirements for banks.

The SNB's strategic decisions have measurable impacts on its financial performance. The SNB reported a significant profit of approximately CHF 80 billion for 2024, driven by gains on foreign currency positions (CHF 67.3 billion) and gold holdings (CHF 21.2 billion).

The SNB's commitment to transparency is evident in its annual reports. The annual report published in March 2025 provides detailed accounts of how it fulfilled its tasks in 2024, demonstrating its accountability.

The SNB's strategic decisions are directly tied to its mission of ensuring price stability and its consideration of economic developments. This alignment ensures that the SNB's actions contribute to the overall health and stability of the Swiss economy. For a deeper dive into the SNB's financial structure, consider reading about the Revenue Streams & Business Model of Schweizerische Nationalbank.

The SNB's vision includes a commitment to innovation and embracing new technologies. This is exemplified by its pilot project for a wholesale central bank digital currency (CBDC).

The project, running from December 2023 to June 2024 and extended until at least June 2026, issues real wholesale CBDC in Swiss francs on a regulated platform for bond transactions.

The SNB prioritizes transparent communication to ensure stakeholders understand its mission, vision, and values. This is achieved through various publications and regular communications.

The Annual Report 2024, published in March 2025, provides a comprehensive overview of the SNB's activities and financial results, including a profit of CHF 80.7 billion for 2024. This transparency is a key aspect of their value of accountability.

The SNB ensures alignment between its stated values and actual business practices through formal programs and systems. This includes a strong focus on sustainability and financial stability.

The SNB has had a systematic approach to environmental management since 1996, with an annual Sustainability Report published since 2018. The 2024 Sustainability Report outlines their target of reducing operational greenhouse gas emissions by at least 50% by 2030 and achieving net zero by 2050.

The SNB actively works to strengthen the financial system's stability, which aligns with its core values and mission. This involves adapting its operational frameworks to mitigate risks.

The SNB's efforts to strengthen the liquidity provision framework for banks, including allowing all banks to use mortgages and illiquid securities as collateral, demonstrate this commitment. Understanding the Target Market of Schweizerische Nationalbank is crucial for appreciating the impact of these initiatives.