SNB total sight deposits w.e. 9 December CHF 542.3 bn vs CHF 549.8 bn prior

  • Latest data released by the SNB - 12 December 2022
  • Domestic sight deposits CHF 510.8 bn vs CHF 518.0 bn prior

Overall sight deposits continue to decline ahead of the SNB policy decision this week, in which the central bank is likely to announce a 50 bps rate hike (though with a risk that it could end up being just 25 bps). That will likely play into more policy adjustments involving sight deposits as outlined here previously.

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