Swiss National Bank reports record $143bn loss in 2022

The Swiss National Bank will post an annual loss of 132 billion Swiss francs ($142.67 billion) in 2022, it said on Monday, the biggest loss in its 115-year history.

The central bank sank into the red as falling stock and fixed-income markets hurt the value of share and bond portfolios, while the appreciation of the Swiss franc also had a negative impact.

Spread the love

We may earn a commission if you click on the links within this article. Learn more.