ZURICH (Reuters) - The Swiss National Bank confirmed on Thursday that it will provide liquidity to Credit Suisse against sufficient collateral.
"Within the framework of its statutory mandate, the SNB may provide liquidity to a domestic bank against collateral," the central bank said in response to questions from journalists.
Credit Suisse said early on Thursday it would make use of a $54 billion loan from the SNB to shore up liquidity and investor confidence.
(Reporting by John Revill; editing by Jason Neely)
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| 0.6647 CHF | -0.27% | -0.30% | - | ||
| 11.44 CHF | -0.24% | -0.59% | - | ||
| 0.5642 CHF | -0.35% | +1.40% | - | ||
| 0.5415 CHF | -0.48% | -1.08% | - | ||
| 1.159 CHF | -0.19% | +0.29% | - | ||
| 0.6535 CHF | -0.19% | -1.03% | - | ||
| 0.123 CHF | -0.37% | -0.49% | - | ||
| 0.0101 CHF | -0.64% | 0.00% | - | ||
| 0.0844 CHF | -0.17% | -1.06% | - | ||
| 0.0107 CHF | -0.16% | -0.93% | - | ||
| 13.06 CHF | -0.18% | 0.00% | - | ||
| 0.974 CHF | -0.19% | -0.01% | - | ||
| 0.8935 CHF | -0.22% | -0.63% | - | ||
