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Centenary Celebrations
Centenary celebrations SNB 74 Centenary celebrations Centenary celebrations On 23 August 1906, Federal Councillor Robert Comtesse opened the constituent General Meeting of Shareholders of the Swiss National Bank with the following words: “It is imperative that this bank serve fi rst and foremost the interests of the public of the country. It must never lose sight of the fact that the purpose of the privilege bestowed upon it is not to achieve high profi ts, but rather – and most importantly – to offer the public the advantages of good banknote circulation and indeed everything that promotes the development of the payment system. May it always make judicious use of the powerful resources it has at its disposal.” In June 1907, the Swiss National Bank opened its doors for the fi rst time, so 2007 marked its fi rst centenary. The SNB celebrated the occasion by organising various events, by publishing a commemorative publication plus a number of periodicals containing historical time series, and by launching an economics training programme. The Federal Mint, Swissmint, brought out a set of special commemorative coins to mark the centenary, and Swiss Post Heinrich Kundert, issued special postage stamps. the fi rst Chairman of the Governing Board 99th General Meeting of Shareholders On 27 April 2007, the SNB held its 99th General Meeting of Share- holders at the Casino Berne, attended by 320 shareholders. The meeting was accompanied by a festive programme including performances by the Knaben- musik der Stadt Bern (City of Berne youth band). Bank management thanked shareholders for their loyalty. At the subsequent luncheon, participants were able to engage in extended discussions. -
Swiss National Bank, 112Th Annual Report 2019, Accountability Report
Accountability report Summary 12 1 Monetary policy 21 6 Contribution to financial 1.1 Mandate and monetary policy strategy 21 system stability 95 1.2 International economic developments 27 6.1 Background 95 1.3 Economic developments in Switzerland 32 6.2 Monitoring the financial system 96 1.4 Monetary policy in 2019 38 6.3 Risks and measures relating to mortgage and real estate markets 99 2 Implementation of monetary policy 52 6.4 Oversight of financial market 2.1 Background and overview 52 infrastructures 102 2.2 Developments in the money and foreign exchange markets 53 7 Participation in international 2.3 Use of monetary policy instruments 58 monetary cooperation 107 2.4 Minimum reserves 65 7.1 Background 107 2.5 Liquidity in foreign currencies 67 7.2 Multilateral cooperation 107 2.6 Emergency liquidity assistance 67 7.3 Bilateral cooperation 118 3 Ensuring the supply and 8 Banking services for distribution of cash 68 the Confederation 121 3.1 Background 68 3.2 Cash offices, agencies and 9 Statistics 122 cash deposit facilities 68 9.1 Background 122 3.3 Banknotes 70 9.2 Products 123 3.4 Coins 72 9.3 Projects 124 9.4 Collaboration 125 4 Facilitating and securing cashless payments 74 4.1 Background 74 4.2 The SIC system in 2019 75 4.3 Developments regarding the SIC system 78 5 Asset management 79 5.1 Background 79 5.2 Investment and risk control process 80 5.3 Changes in and breakdown of assets 82 5.4 Investment risk 88 5.5 Investment performance 92 Annual Report 2019, Accountability report 11 On 19 March 2020, the Governing Board of the Swiss National Bank submitted its accountability report for 2019 to the Federal Assembly in accordance with art. -
Porsche Drive
stefan bogner • jan karl baedeker delius klasing verlag Editorial »Seid’s ihr wahnsinnig?«, ist noch eine der “Are you completely mad?” is one of the freundlicheren Kommentare auf unseren kinder comments in response to our Plan, in vier Tagen alle wichtigen Pässe plan to traverse all major Alpine passes der Alpen abzufahren. Doch was soll man in four days. But what else can you do tun, wenn man den Bergen hoffnungs- when you’re hopelessly smitten with the los verfallen und die Zeit knapp bemessen mountains and time is limited? For the ist? Seit fünf Jahren dokumentiert Ste- last five years, Stefan Bogner has cap- fan Bogner nun schon die schönsten Ser- tured with his camera the most beau- pentinen der Alpen zwischen Südfrank- tiful serpentines in the Alps between reich und Slowenien mit der Kamera. southern France and Slovenia. His maga- Sein Magazin »Curves« gilt als Neues Tes- zine “Curves” is considered the New Tes- tament für Kurvenjünger aus aller Welt. tament for cornering devotees around Nun ist es Zeit, aus den zahllosen Stra- the world. Now it’s time to compile the ßen, Pässen und Traversen die ultimati- ultimate tour of countless roads, passes ve Tour zusammenzustellen, die man in and traverses that drivers can undertake nur einem langen Wochenende nachfah- on just one long weekend. After all, life ren kann. Außerdem soll man sich ja Zie- can become boring if you don’t have new Dem Ruf der Berge gefolgt: Schon Ferdi- le setzen im Leben, damit es nicht lang- goals. And while Reinhold Messner con- nand Porsche testete seine ersten Krea- tionen am liebsten an seinem „Hausberg“, weilig wird. -
Customer Magazine «HEADS OR TAILS» 2021/2
Swissmint’s coin magazine 29.04.2021 2/2021 P h o t o : A n d r e a C a m p i c h e EDITORIAL CONTENTS Dear reader, EDITORIAL 2 Strong will, stamina and a good dose of cour- 50 years of Swiss women's right to vote 3 age are what we currently all need to win The end of patriarchy the collective battle against the coronavirus. The same virtues were also embodied by Illusion – The Bridge of Life 6 Switzerland’s women in their struggle to be Sandro Del-Prete – a master of optical illusions finally allowed to exercise their political rights Prize draw in Switzerland. As late as 1959, two-thirds of men opposed women’s suffrage, proclaiming a 2021 coin sets 10 resounding “no”. Yet, perseverance paid off. On 7 February 1971, men in Switzerland were called Sales start 12 to the polls a second time for a federal vote on introducing women’s suffrage. There was a clear How are very limited edition majority in favour, paving the way for Swiss women products allocated? 12 to be able to have their say in future elections and votes. Thus, the Sunday on which the vote was held Shipping after receipt of payment 12 became one of the most important political mile- stones in Swiss history and the day on which Swiss When can I receive a discount women were given a voice. With its 50-franc gold on my order? 12 coin, Swissmint is honouring the courage, willpow- er and tireless perseverance of the women who Overview of future issues 12 fought for equality in Switzerland then and now. -
Swiss National Bank, 110Th Annual Report 2017
110th Annual Report Swiss National Bank 2017 110th Annual Report Swiss National Bank 2017 Content Preface 4 Goals and responsibilities of the Swiss National Bank 8 Accountability report 11 Summary 12 1 Monetary policy 21 2 Implementation of monetary policy 50 3 Ensuring the supply and distribution of cash 64 4 Facilitating and securing cashless payments 69 5 Asset management 76 6 Contribution to financial system stability 92 7 Involvement in international monetary cooperation 104 8 Banking services for the Confederation 123 9 Statistics 124 Financial report 133 Key financial figures for 2017 134 Business report 137 1 Corporate governance 138 2 Resources 152 3 Changes in bank bodies and management 156 4 Business performance 157 Annual financial statements 165 1 Balance sheet as at 31 December 2017 166 2 Income statement and appropriation of profit for 2017 168 3 Changes in equity 169 4 Notes to the annual financial statements as at 31 December 2017 170 5 Report of the Audit Board for the General Meeting of Shareholders 202 Proposals of the Bank Council 205 Proposals of the Bank Council to the General Meeting of Shareholders 207 Selected information 209 1 Chronicle of monetary events in 2017 210 2 Bank supervisory and management bodies, Regional Economic Councils 212 3 Organisational chart 216 4 Publications and other resources 218 5 Addresses 222 6 Rounding conventions and abbreviations 224 Annual Report 2017, Contents 3 Preface Ladies and Gentlemen It is our pleasure to present the 110th Annual Report. The first part of the report comprises the accountability report to the Federal Assembly, and provides information about how the Swiss National Bank (SNB) has fulfilled its mandate pursuant to art. -
SOMMER-ERLEBNISSE SUMMER ADVENTURES 2018 Ferienregion Uri Und Klewenalp
SOMMER-ERLEBNISSE SUMMER ADVENTURES 2018 Ferienregion Uri und Klewenalp Partnerregion / Partner Region: Prächtige Aussicht vom Haldi Magnificent view from Haldi 2 | INHALT / INDEX Uri Tourismus AG | Schützengasse 11 | 6460 Altdorf Anreise / How to get here 5 Tel. +41 (0)41 874 80 00 | Fax +41 (0)41 874 80 01 Ferienorte / Holiday destinations 6 [email protected] | www.uri.info Veranstaltungen / Events 11 Mythos Tell / Tell – A myth 14 Mythos Gotthard / Gotthard – A myth 16 #VisitUri Panoramakarte / Panoramic map 18 Pauschalen / Packages 20 Bildrechte / Picture Rights: Gruppen-Erlebnisse / Group adventures 22 perretfoto.ch / Angel Sanchez / Valentin Luthiger / Wandern / Hiking 24 Beat Brechbühl / Larissa Schlegel / Auf Rädern unterwegs / On the go on wheels 26 Uri Tourismus AG und Partner Biken / Biking 27 Wasser-Erlebnisse / Water adventures 28 Weitere Sommer-Erlebnisse More summer adventures 30 Kultur und Genuss / Culture and pleasure 32 Ärzte und Notfallnummern Doctors and emergencies 34 Auskunft / Information 34 Sponsoren / Sponsors 35 2 | unterkunftsliste_2018_03.indd 3 11.01.18 12:33 | 3 GRIÄZI WELCOME Zwischen dem Urnersee und den Gletschern am Gotthard liegt eine vielfältige Kulturland- schaft, und wen sie in ihren Bann zieht, den lässt sie nie mehr los. Wanderwege und Bikerouten führen in eine imposante Bergwelt, und 36 Seilbahnen lassen Sie mühelos in die Höhe schweben. Wer es lieber nass mag, erholt sich am Urnersee oder an einem der kristallklaren Bergseen beim Schwimmen, Segeln oder Kanu fahren. Geschichten und Mythen wurden in dieser Landschaft geboren: Staunen Sie während einer Führung im Gotthard-Basistunnel über das Jahrhundertbauwerk oder lassen Sie sich von der experimentellen Spurensuche nach Wilhelm Tell begeistern. -
Federal Council Report on Virtual Currencies in Response to the Schwaab (13.3687) and Weibel (13.4070) Postulates
Federal Council report on virtual currencies in response to the Schwaab (13.3687) and Weibel (13.4070) postulates of June 25, 2014 Contents Summary ................................................................................................................................................ 3 1 Introduction ............................................................................................................................... 4 1.1 Background................................................................................................................................. 4 1.2 Content of the report ................................................................................................................... 4 2 Payment instruments and payment transactions ................................................................. 5 2.1 Legal tender and other payment instruments in Switzerland ..................................................... 5 2.1.1 Legal tender ........................................................................................................................... 5 2.1.2 Other payment instruments ................................................................................................... 7 2.2 Virtual currencies ........................................................................................................................ 7 2.2.1 Definition ................................................................................................................................ 7 2.2.2 Bitcoin ................................................................................................................................... -
Swiss National Bank, 107Th Annual Report 2014
107th Annual Report Swiss National Bank 2014 107th Annual Report Swiss National Bank 2014 Contents Preface 4 Goals and responsibilities of the Swiss National Bank 8 Accountability report 11 Summary 12 1 Monetary policy 19 2 Implementation of monetary policy 44 3 Ensuring the supply and distribution of cash 59 4 Facilitating and securing cashless payments 65 5 Asset management 69 6 Contribution to financial system stability 81 7 Involvement in international monetary cooperation 96 8 Banking services for the Confederation 108 9 Statistics 109 Financial report 117 Key figures for the 2014 financial year 118 Business report 121 1 Corporate governance 122 2 Resources 136 3 Changes in bank bodies and management 139 4 Business performance 140 Annual financial statements 149 1 Balance sheet as at 31 December 2014 150 2 Income statement and appropriation of profit for 2014 152 3 Changes in equity 153 4 Cash flow statement 154 5 Notes to the annual financial statements as at 31 December 2014 156 6 Report of the Audit Board for the General Meeting of Shareholders 188 Proposals of the Bank Council 191 Proposals of the Bank Council to the General Meeting of Shareholders 193 Selected information 195 1 Chronicle of monetary events in 2014 196 2 Bank supervisory and management bodies, Regional Economic Councils 199 3 Organisational chart 202 4 Publications and other resources 204 5 Addresses 208 6 Rounding conventions and abbreviations 210 Annual Report 2013, Contents 3 Preface Ladies and Gentlemen The Swiss National Bank (SNB) conducts the country’s monetary policy as an independent central bank, on the basis of the Federal Constitution and the National Bank Act (NBA). -
KULTUR UND BRAUCHTUM CULTURE and TRADITION Ferienregion Uri Und Klewenalp
KULTUR UND BRAUCHTUM CULTURE AND TRADITION Ferienregion Uri und Klewenalp Partnerregion / Partner Region: Sennenchilbi in Bürglen Alpine fair in Bürglen 2 | INHALT / INDEX Uri Tourismus AG | Schützengasse 11 | 6460 Altdorf Griäzi / Welcome 4 Tel. +41 (0)41 874 80 00 | Fax +41 (0)41 874 80 01 Anreise / How to get here 5 [email protected] | www.uri.info Uris Geschichte / Uris history 6 Mythos Tell / Tell – A Myth 7 Mythos Gotthard / Gotthard – A Myth 8 #VisitUri Sakrallandschaft / Religious landscape 9 Museen / Museums 10 Bildrechte / Picture Rights: Panoramakarte / Panoramic map 14 perretfoto.ch / Angel Sanchez / Valentin Luthiger / Theater, Film und Musik Kecko_Flickr / Uri Tourismus AG und Partner Theatre, film and music 16 Veranstaltungen / Top events 18 Kultur und Spass / Culture and fun 20 Das Greiss von Surenen The «Greiss of Surenen» 21 Burgen und Schlösser / Castles and palaces 22 Lebendige Traditionen / Living traditions 24 Ärzte und Notfallnummern Doctors and emergencies 26 Auskunft / Information 26 Sponsoren / Sponsors 27 | 3 Der Betruf Alpine Call of Prayers GRIÄZI WELCOME Zwischen dem Urnersee und den Gletschern am Gotthard liegt eine vielfäl tige Kultur landschaft. Wen sie in ihren Bann zieht, den lässt sie nie mehr los. So sind das Alpleben mitsamt Alpaufzügen und abzügen, der Betruf, Schwing und Älplerfeste, die Fasnacht sowie die Chilbi feste Bestandteile der Kultur Uris und begeistern Einheimische sowie Gäste aus der ganzen Welt gleichermassen. Und es gibt noch viel mehr zu entdecken: lebendiges Brauchtum, sakrale Bauten und ein ausgesuchtes Konzert und Theater programm. Erleben Sie die kulturellen Facetten der Ferienregion Uri und Klewenalp hautnah! Willkommen in der Ferienregion Uri – die Seele der Schweiz Between Lake Uri and the glaciers on the Gotthard lies a multifaceted cultural landscape. -
Swiss National Bank, 111Th Annual Report 2018
111th Annual Report Swiss National Bank 2018 111th Annual Report Swiss National Bank 2018 Contents Preface 4 Goals and responsibilities of the Swiss National Bank 8 Accountability report 11 Summary 12 1 Monetary policy 21 2 Implementation of monetary policy 49 3 Ensuring the supply and distribution of cash 62 4 Facilitating and securing cashless payments 69 5 Asset management 76 6 Contribution to financial system stability 92 7 Participation in international monetary cooperation 103 8 Banking services for the Confederation 119 9 Statistics 120 Financial report 129 Key financial figures for 2018 130 Business report 133 1 Corporate governance 134 2 Resources 149 3 Changes in bank bodies 153 4 Business performance 155 Annual financial statements 163 1 Balance sheet as at 31 December 2018 164 2 Income statement and appropriation of profit for 2018 166 3 Changes in equity 167 4 Notes to the annual financial statements as at 31 December 2018 168 5 Report of the External Auditor for the General Meeting of Shareholders 200 Proposals of the Bank Council 203 Proposals of the Bank Council to the General Meeting of Shareholders 205 Selected information 207 1 Chronicle of monetary events in 2018 208 2 Bank supervisory and management bodies, Regional Economic Councils 211 3 Organisational chart 214 4 Publications and other resources 216 5 Addresses 220 6 Rounding conventions and abbreviations 222 Annual Report 2018, Preface 3 Preface Ladies and Gentlemen It is our pleasure to present the Swiss National Bank’s Annual Report for 2018. The first part of the report comprises the accountability report to the Federal Assembly, and provides information about how the SNB has fulfilled its mandate pursuant to art. -
Swiss & French Alps
Swiss & French Alps (GuidedTour) “Countless mountain passes amongst jaw dropping scenery and quaint villages nestled high in the mountains” Introduction – Central Europe has so much to offer and it’s no wonder motorcyclists return here year after year to what can only be described as some of the best motorcycling and scenery in Europe. To this day Central Europe remains one of our most popular destinations. There are many different highlights in Central Europe but for this tour we are concentrating on the best of the Swiss Alps bordering Italy and the French Alps in southeast France. Highlights include Susten, Grimsel and Furka Passes along with Col de l’Iseran, Col d’Izoard, Col de la Bonette, The Vercors Massif, and some of the Route des Grand Alps. With ‘less is more’ being the basis for this particular tour we indulge in the very best the regions have to offer in terms of scenery, cuisine and local hospitality. The tour incorporates some very well-known mountain passes along with some lesser known hidden gems. Phone: +353 (0)53 22415 Email: [email protected] Web: www.overlanders.ie Key Info Start Location: Memmingen, Germany Finish Location: Memmingen, Germany Countries Visited: Austria, France, Italy & Switzerland Duaration: 10 days & 10 nights Distance: Variable (circa 1300 – 2000km) Riding Difficulty: Moderate Dates: See guided tours calendar Price: See guided tours calendar Included: • Return transport of your motorcycle from our base in Gorey, Co. Wexford to Memmingen, Germany • B&B in quality hotels with evening meals on all riding days. • Tour guide(s), • Detailed route maps /itinerary etc. -
Swiss National Bank, 108Th Annual Report 2015
108th Annual Report Swiss National Bank 2015 108th Annual Report Swiss National Bank 2015 Contents Preface 4 Goals and responsibilities of the Swiss National Bank 8 Accountability report 11 Summary 12 1 Monetary policy 19 2 Implementation of monetary policy 48 3 Ensuring the supply and distribution of cash 62 4 Facilitating and securing cashless payments 67 5 Asset management 72 6 Contribution to financial system stability 86 7 Involvement in international monetary cooperation 98 8 Banking services for the Confederation 114 9 Statistics 115 Financial report 121 Key financial figures for 2015 122 Business report 125 1 Corporate governance 126 2 Resources 140 3 Changes in bank bodies and management 143 4 Business performance 144 Annual financial statements 153 1 Balance sheet as at 31 December 2015 154 2 Income statement and appropriation of profit for 2015 156 3 Changes in equity 157 4 Notes to the annual financial statements as at 31 December 2015 158 5 Report of the Audit Board for the General Meeting of Shareholders 190 Proposals of the Bank Council 193 Proposals of the Bank Council to the General Meeting of Shareholders 195 Selected information 197 1 Chronicle of monetary events in 2015 198 2 Bank supervisory and management bodies, Regional Economic Councils 201 3 Organisational chart 204 4 Publications and other resources 206 5 Addresses 210 6 Rounding conventions and abbreviations 212 Annual Report 2015, Contents 3 Preface Ladies and Gentlemen Both the Swiss economy and the Swiss National Bank (SNB) faced considerable challenges in 2015. The global economy continued to recover, however worldwide economic growth did not strengthen in the way many had hoped.