SNB profit up by a quarter in 2021
The issuing institute achieved a result in line with its forecasts. He intends to pay a dividend of 15 francs per share.
After taking into account the reserve for future distributions of 90.9 billion, the profit carried on the balance sheet reached 108.5 billion.
AFP
The Swiss National Bank (SNB) recorded net profit last year up a quarter to 26.3 billion francs, a result in line with preliminary figures published in early January.
As planned, the issuing institution will pay a dividend of 15 francs per share, the maximum possible provided for by law, he said on Monday.
Redistribution of six billion francs
Profit on foreign currency positions was 25.7 billion, compared to 13.3 billion in the previous year. Interest income and dividend income were 7 billion and 3.8 billion respectively. A price loss of 16.1 billion resulted from interest-bearing securities and interest rate instruments, while equity securities and equity instruments generated a price gain of 37.1 billion. Foreign exchange losses amounted to 6.1 billion in total.
The stock of gold, which remained unchanged at 1,040 tonnes, generated a capital loss of 0.1 billion francs, while a capital gain of 6.6 billion had been realized in 2020. The price per kilogram of gold has indeed decreased by 0.1% between the end of 2020 and the end of 2021.
Positions in francs generated a profit of 1.1 billion. This amount mainly consists of negative interest deducted from sight deposit accounts. The results also match preliminary figures announced in early January.
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