Households' net financial assets increased in 2006 despite growing indebtedness

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Title: Households' net financial assets increased in 2006 despite growing indebtedness
Author: Savolainen, Eero
Series: Bank of Finland. Financial market report
Series number: 2
Year of publication: 2007
Publication date: 19.6.2007
Pages: 4-5
Keywords: Suomi; yritykset; kotitaloudet; rahoitus; varallisuus;
Abstract: Domestic sectors' financial assets and liabilities did not change dramatically in 2006. While households' indebtedness continued to increase the rapid growth in financial assets led to an increase in the sector's net financial assets. Non-financial corporations had little need to acquire new debt financing because of the high level of internal finance generated by good profitability. Assets managed by mutual funds continued to increase robustly, for the fourth consecutive year.
Rights: https://helda.helsinki.fi/bof/copyright


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