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Switzerland: SNB announces liquidity assistance of up to CHF 200 billion in context of UBS takeover of Credit Suisse

Description

On 19 March 2023, the Swiss National Bank (SNB) announced that it will provide a liquidity assistance loan of up to CHF 200 billion (USD 215.5 billion) to UBS and Credit Suisse in order to facilitate ...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Mar 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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