Global Trade Alert
Global Trade Alert

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

Announcement

19 Mar 2023

In March 2023, the Swiss National Bank (SNB) announced providing liquidity assistance of up to CHF 200 billion to facilitate the takeover of Credit Suisse by UBS. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

19 Mar 2023

Revocation date:

No revocation date

State loan In force

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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