SNB Profit 6 Billion CHF over the Year, 10.9 Billion Loss in Q4/2012

The Swiss National Bank (SNB) obtained a profit of around 6 billion francs for the year 2012 (full statement). The profit was reduced from 16.9 billion francs between Q1 and Q3 2012, which means that in Q4/2012 the bank had a loss of around 10.9 billion francs. The profit in gold fell from 6.2 …

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SNB Profit 6 Billion CHF over the Year, 10.9 Billion Loss in Q4/2012

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