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MNI BRIEF: SNB Records CHF 26 Billion Annual Profit For 2021

(MNI) LONDON
(MNI) Frankfurt

The Swiss National Bank expects annual profits for 2021 of CHF 26 billion, it was announced Friday, with the profit of just under CHF 26 billion on foreign currency positions.

A valuation loss of CHF 0.1 billion was recorded on gold holdings, while the net result on Swiss franc positions was 'over CHF 1 billion'.

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