Sector Regulation Sector Regulation

Big Swiss banks offered government liquidity backstop in event of failure

By Fiona Maxwell
  • 11 Mar 2022 16:53
  • 11 Mar 2022 16:53
Swiss banks will be able to count on a state-guaranteed loan if they are on the brink of failure, Switzerland's government said today, but the tool would not constitute a taxpayer bailout.

The Swiss Federal Council said it had today defined the key parameters for a “public liquidity backstop” allowing banks

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