The Swiss National Bank (SNB) has rated PostFinance as a bank too big to fail. The reasons given were the financial institution’s significant status in domestic deposit services and its strong position in payment transactions in Switzerland. The classification of the bank as too big to fail underlines PostFinance’s importance for the Swiss financial system and contributes to its stability and a robust Swiss economy.
In August 2014, the SNB put a procedure in place to assess whether PostFinance is too big to fail and which of its functions are of systemic importance. In its decision of 29 June 2015, the SNB declared PostFinance Ltd as a financial group to be a bank that is too big to fail. This underlines the importance of PostFinance for the Swiss financial market and is another milestone in the bank’s long-standing success story.