Browsing by series

Sort by: Order: Results:

Now showing items 1-20 of 380
  • Kaukoranta, Ilkka (2010)
    Bank of Finland. Financial market report 2
    US stock indices tumbled in a few minutes, and then recovered just as quickly. Preliminary investigations failed to provide a full explanation of the disruption. Authorities and stock exchanges have taken action to prevent further market disruptions.
  • Myller, Marko (2007)
    Bank of Finland. Financial market report 3
    The 'swallow or be swallowed' game between stock exchanges continues. The focus of attention has shifted to the Nordic countries, with the OMX Group getting its turn in the global integration of exchanges. This coincides with completion of the merger between parent companies of the London and Milan stock exchanges.
  • Toivanen, Mervi (2008)
    Bank of Finland. Financial market report 3
    Banks advertise their offerings of fixedterm deposits with attractive interest rates. They promise to pay attractive interest on deposits held for long periods. But rising inflation lowers the real yield on fixedterm deposits.
  • Koivuniemi, Emilia (2006)
    Bank of Finland. Financial market report 4
    The European Commission wants to support market participants' efforts to ensure increased efficiency of securities clearing and settlement. The Commission, together with market participants, have thus prepared a Code of Conduct, which is already being implemented.
  • Vauhkonen, Jukka (2012)
    Bank of Finland. Financial market report 1
    The Ministry of Finance has set up a working group to consider how systemic risks threatening the stability of the financial system and the economy as a whole could be identified and prevented. The work is guided, for example, by the principles adopted in the Government programme and the recommendations issued by the European Systemic Risk Board on national macroprudential arrangements.
  • Vauhkonen, Jukka (2012)
    Bank of Finland. Financial market report 2
    The recommendations of the Basel Committee on Banking Supervision provide authorities with a high degree of discretion in the identification of domestic systemically important banks and in setting the capital buffers required of them.
  • Pylkkönen, Pertti (2006)
    Bank of Finland. Financial market report 3
    Population ageing brings financial innovation and heightened competition among banks and other financial services providers.
  • Toivanen, Mervi (2006)
    Bank of Finland. Financial market report 4
    The average interest rate on the deposit stock rose in 2006. Statistics do not, however, clearly indicate that banks have started to compete in terms of deposit rates. Deposit rates are developing much as in the last period of rising market interest rates. In 2006, an increase in market interest rates led, in particular, to rises in the interest rates on non-financial corporations' deposits and on households' fixed-term deposits. In contrast, interest rates on households' most common transactions accounts have not risen.
  • Vajanne, Laura (2007)
    Bank of Finland. Financial market report 1
    Findings of a European Commission study show that in the European retail banking market, several barriers to competition exist, which raise retail banking costs to companies and consumers. High profitability of banking, concentrated markets and evidence of entry barriers give reason to suspect that in some EU countries, banks are able maintain a fairly high level of fees charged to consumers and small firms.
  • Savolainen, Eero (2008)
    Bank of Finland. Financial market report 2
    Developments in households' financial assets were mixed in 2007. In the first part of the year, rising share prices boosted the value of equity and fund holdings. In the second part of the year, increased uncertainty in the financial markets and falling share prices induced households to transfer a large amount of funds into deposit accounts.
  • Haajanen, Jyrki (2010)
    Bank of Finland. Financial market report 2
    The financial crisis has increased demands that the banking sector contribute more to the costs of crises. The EU Commission has proposed the establishment of national resolution funds that would be funded by a levy on banks and used for the resolution of future financial crises. Initiatives for a global bank tax are however progressing slowly, as G20 finance ministers were unable to agree on a common approach to a bank levy.
  • Toivanen, Mervi (2013)
    Bank of Finland. Financial market report 2
    A research paper on contagion in the interbank money market shows that in 2010 contagion negatively affected 40% of European banks on average. A bank's central position in the interbank network is particularly important in explaining the level of contagion, while a bank's size is a considerably less significant explanatory factor.
  • Haajanen, Jyrki (2012)
    Bank of Finland. Financial market report 2
    Banking union is one of the most important and urgent current EU projects. The aim of efforts to enhance banking supervision, bank crisis resolution and deposit insurance is to improve the stability of the financial markets and ensure broader involvement of creditors.
  • Savolainen, Eero (2010)
    Bank of Finland. Financial market report 2
    The profitability of Finnish banking has remained roughly unchanged since spring 2009. Net interest income has declined while other income has increased. In future, banks profitability will depend largely on developments in market interest rates and loan losses.
  • Iivarinen, Timo (2006)
    Bank of Finland. Financial market report 1
    To promote the Single Euro Payments Area, Finnish banks published a SEPA implementation and migration plan on 15 March 2006. This national migration plan presents an overview of what transferring to a single payments area will mean to Finns. The plan is posted on the websites of banks, the Finnish Bankers Association, and the Bank of Finland.9
  • Toivanen, Mervi (2004)
    Bank of Finland. Financial market report 1
    Net operating profit of banks (excl. Nordea) improved in 2003. Although banks' net interest income declined in response to lower market rates and narrower interest rate margins, an improvement in other income bolstered the results. The trend in expenses varied across banking groups but, in the aggregate, expenses remained almost un-changed from 2002. Capital adequacy continues to be sound.
  • Koskinen, Kimmo; Putkuri, Hanna (2013)
    Bank of Finland. Financial market report 1
    The fatal link between banks and their home countries has become increasingly closer, particularly in the crisis countries in the euro area. The amount of domestic sovereign debt securities held by the crisis countries' banks has increased significantly, as the role of banks in funding their home countries' debt has been emphasised.
  • Alhonsuo, Sampo (2006)
    Bank of Finland. Financial market report 1
    Banks and financial groups have posted good results in the Nordic and Baltic countries as well as in Europe and the United States. Improved results are mainly due to growth in income. Banks' total assets and business volumes have increased rapidly. Financial results show that banks' operating environment is currently favourable.
  • Haajanen, Jyrki (2005)
    Bank of Finland. Financial market report 1
    The banks of the new EU member states have adjusted well to the new operating environment. Their profitability and capital adequacy is good, thanks to several structural changes.
  • Paunonen, Heli (2004)
    Bank of Finland. Financial market report 1
    The banks in Finland have set their sights at achieving improved efficiency in the proc-essing of payments. There are also pressures to improve the operations of the securities clearing and settlement systems.