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MNI BRIEF: Real Estate Threat To Swiss Fin Stability - SNB

(MNI) LONDON

Substantial vulnerabilities within Switzerland's mortgage and real estate markets continue to pose a risk to financial stability, warranting vigilance on the part of authorities, lenders, and borrowers, Swiss National Bank vice chairman Fritz Zerbruegg said in a speech Tuesday, although most banks should be able to withstand any losses in the event of market corrections thanks to their capital buffers. Banks' capital buffers therefore remain an essential to Swiss financial stability, Zerbruegg added.

MNI London Bureau | +44 20 3983 7894 | luke.heighton@marketnews.com
MNI London Bureau | +44 20 3983 7894 | luke.heighton@marketnews.com

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