NATIONAL BANK

Jun 19 2025BUSINESS

Switzerland's Financial Moves: The Zero Rate Shift

Switzerland's central bank, the SNB, has just made a big move. They've cut interest rates to zero. This is a significant step for a country that has been experimenting with negative rates. The goal? To control the strength of the Swiss franc, which has been surging due to global trade tensions. The Swiss franc is often seen as a safe bet. Investors flock to ...

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Oct 07 2024FINANCE

Gulf Banks Have More Cash: What's Next?

In a surprising turn of events, banks in the Gulf Cooperation Council (GCC) countries are sitting on more liquid cash than many of their global counterparts. This shift is largely due to the high interest rates in Europe and other regions, according to an executive from Qatar National Bank. Speaking at a summit in Paris, he explained that while international banks ar...

reading time about 1 minute