ZURICH, June 22 Reuters The Swiss National Bank SNB on Thursday said it was crucial to draw lessons from the Credit Suisse crisis that led to the bank39;s downfall and forced rescue by rival UBS and consider measures that would prevent such events in the future.

These measures need to strengthen banks resilience in order to prevent a loss of confidence wherever possible, and ensure a broad range of effective options to stabilise, recover or wind down a systemically important bank in the event of a crisis, the central bank said in its 2023 financial stability report.

Among the measures, the SNB called for banks to be required in the future to prepare a minimum amount of assets that could be pledged for central banks, a step designed to help banks access emergency liquidity if worried customers rapidly withdrew cash.

Switzerland39;s largest bank recently grew even bigger, following its rescue of embattled Credit Suisse in a takeover engineered by Swiss authorities in March and formalised by UBS on June 12.

Politicians and economists have raised concerns whether Switzerland can effectively oversee a bank that now has a balance sheet of 1.6 trillion and 120,000 employees worldwide, and risks associated with that.

The SNB said it was not yet able to judge how resilient the newly merged bank would be.

The currently available data are not sufficient for a comprehensive assessment of the combined banks resilience in such a forwardlooking analysis, the report said….