In a surprise move, the Swiss National Bank (SNB) gave up its minimum exchange rate of CHF 1.20 per EUR today, ending a three-year-old policy designed to shield the economy. SNB still considers the CHF high, but thinks that the overvaluation has decreased since. Additionally, it lowered the interest rate on sight deposit account balances that exceed a given exemption threshold to minus 0.75% from minus 0.25%, it said in a statement today. Raiffeisen Centrobank has quickly screened the universe for its exposure towards Switzerland and the CHF.  Furthermore Download CEE_Banks_CHF_exposure.pdf

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https://www.rcb.at