Swiss National Bank says it will support credit Suisse if necessary

by Aurelia Butler 15 March 2023, 21:20 119 Views

The statement was reportedly produced at the request of Credit Suisse. The regulators said Credit Suisse meets all capital and liquidity requirements, but “if necessary, the SNB will provide CS [Credit Suisse] with liquidity.” However, Credit Suisse still “meets the capital and liquidity requirements imposed on systemically important banks.” The statement acknowledges that Credit Suisse has been “affected by market reactions in recent days.”

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Swiss National Bank says it will support credit Suisse if necessary

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