Significant Rise in Overall Sight Deposits Reported by the Swiss National Bank

Monday, 15 July 2024, 08:00

The Swiss National Bank (SNB) has recently published data indicating a rise in total sight deposits to CHF 458.9 billion, up from the previous figure of CHF 453.4 billion. This increase signals a notable growth in liquidity within the banking system. Investors and analysts are keenly observing these developments for insights into the Swiss financial landscape. The rise in sight deposits suggests potential market shifts and economic trends, highlighting the importance of monitoring central bank actions closely.
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Significant Rise in Overall Sight Deposits Reported by the Swiss National Bank

Swiss National Bank (SNB) Sight Deposits Report

Recent data announced by the SNB on 15 July 2024 reveals a significant surge in total sight deposits.

Key Points:

  • CHF 458.9 bn: Current total sight deposits amount to CHF 458.9 billion, reflecting notable growth.
  • Previous Figure: The latest data surpasses the previous total of CHF 453.4 billion, indicating an increase in liquidity.
  • Market Observations: Analysts and investors are closely monitoring these developments for insights into the Swiss financial landscape.

Overall, the rise in sight deposits suggests potential market shifts and economic trends, highlighting the importance of staying informed about central bank actions.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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