The Swiss National Bank (SNB) was established in 1907 and is headquartered in Zurich and Bern. It serves as Switzerland's central bank. Key features: - Founded: 1907 - Dual headquarters: Zurich and Bern - Functions: Monetary policy, price stability, financial stability, currency issuance Ownership: - Mixed public-private ownership - Shares traded on Swiss Exchange - Majority owned by cantons and public institutions - Private shareholders have limited rights Key responsibilities: - Conducting monetary policy - Managing currency reserves - Issuing Swiss franc banknotes - Ensuring payment system operations - Contributing to financial system stability The SNB is known for its independent monetary policy, significant foreign currency reserves, and interventions to manage the Swiss franc's value against other currencies.