Swiss National Bank (SNB)

The Swiss National Bank (SNB) is Switzerland's central bank, responsible for maintaining the country's monetary stability. It manages the Swiss franc, controls inflation, and ensures the banking system stays stable. The SNB sets interest rates, intervenes in financial markets if needed, and works to keep prices steady, fostering a secure economic environment. It also acts as a lender of last resort to banks during financial crises and manages Switzerland’s foreign currency reserves. Overall, the SNB plays a vital role in supporting the country's economic health and financial stability.