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The Swiss National Bank strongly opposed the motion as it would inhibit the continued use of loose monetary policy. However, supporters of the motion saw this as a stepping stone towards a gold-backed currency, which would bring greater monetary stability. By means of the Swiss system of direct democracy, this motion was put to a vote in 2014.

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List of banks operating in Switzerland including business focus, customer rating and total assets. For each bank business overview, account opening, products and services, customer ratings (if assigned), key financial data, credit ratings (if assigned), deposit guarantee, technical data (bank identifiers), contact details are available. The Swiss National Bank in Brief the Swiss National Bank entered into force in early January 1906, as prior to that, Swiss voters had rejected a proposal to establish a state bank. In June 1907, the Swiss National Bank assumed its function as an independent central bank. At the time of the SNB’s foundation, the monetary order in most