Download or read book Finland written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2017-01-12 with total page 85 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Technical Note discusses the results of stress testing of Finland’s banking system. Despite high capitalization levels, there are important vulnerabilities in the Finnish banking system. Near-term risks are largely tilted to the downside, stemming from both external and domestic sources. A sharper-than-expected global growth slowdown would be a drag on Finland’s export and GDP growth. Although so far high compared with the rest of the euro area banks, Finnish banks’ profitability is facing challenges from the low interest rate environment and the low economic growth. Vulnerabilities include funding risks, contagion risks, and challenges related to long-term profitability.
Download or read book Finland written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2016-12-08 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses key findings of the Financial System Stability Assessment concerning Finland. It reveals that Finland’s banking system remains well capitalized and profitable. Although low interest rates have squeezed net interest income, banks have increased income from trading and insurance and reduced cost-income ratios, helping to maintain profitability. Nonperforming loans have remained low and capitalization ratios are well above requirements, though buffers may be exaggerated by the aggressive use of risk weights. The Net Stable Funding Ratio suggests that vulnerabilities from maturity mismatches are limited in aggregate. Nevertheless, previously identified vulnerabilities remain, and some have increased.
Download or read book Finland written by International Monetary and published by International Monetary Fund. This book was released on 2023-01-23 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finland has further improved the regulation and supervision of its financial sector since the 2016 FSAP, in part driven by European legislation and institutions. The size of the banking sector increased significantly in 2018 with the redomicilation of Nordea. Finland weathered the COVID-19 pandemic well relative to other economies, with fiscal support and interventions from the authorities. However, Finland is now navigating a weaker economic outlook given the war in Ukraine and ensuing energy crisis, despite limited direct financial exposures to Russia.
Download or read book The Banking System of Finland written by Suomen Pankkiyhdistys and published by . This book was released on 1979 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Finland written by International Monetary Fund and published by International Monetary Fund. This book was released on 2001-11-21 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finland has a very sound financial system. Finland is at the forefront of electronic banking and financial sector consolidation. Arrangements for crisis prevention and management need to balance the conflicting goals of minimizing moral hazard and providing adequate safety nets in the financial system. There are some deficiencies as regards compliance with certain of the banking supervision and securities standards. In view of the advanced stage of development of Finland's financial system, supervisory arrangements will need to meet and even exceed international standards.
Download or read book Finland written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-09-02 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Finnish financial sector has weathered during the global crisis. Banks’ capital buffers were sufficient, but liquidity and credit risks required monitoring. The study assessed that there is a need for strong crisis management framework. It is found that an evaluation of Deposit Guarantee Fund (DGF) using Core Principles for Effective Deposit Insurance Systems would support reform efforts. Banking supervision is robust, and follows relevant EU Directives and the Basel Core Principle (BCP) for Effective Banking Supervision closely. The Financial Supervisory Authority (FIN-FSA) has implemented the 2001 Financial Sector Assessment Program (FSAP) recommendations, but challenges remain.
Download or read book Finland written by International Monetary and published by International Monetary Fund. This book was released on 2023-02 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Financial Sector Assessment Program (FSAP) conducted a focused review that primarily assessed banking regulation and supervision of Finland’s less significant institutions (LSIs).1 LSIs account for around 16 percent of Finland’s banking sector and the regulation and supervision of the rest of the banking sector takes place within the European Central Bank’s (ECB) Single Supervisory Mechanism (SSM). The Finnish Financial Supervisory Authority (FIN-FSA) is under the oversight of the ECB, responsible for the supervision of LSIs.
Download or read book Finland written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2019-01-16 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: Selected Issues
Download or read book The Finnish Banking Crisis and Its Handling written by Peter Nyberg and published by . This book was released on 1993 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Finland written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2017-01-12 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Technical Note discusses the findings and recommendations made in the Financial Sector Assessment Program for Finland in the area of macroprudential policy framework. The Finnish authorities regularly coordinate and collaborate with international bodies on macroprudential policy. Several macroprudential instruments were formally introduced in the legislation and activated recently. The 2014 Act on Credit Institutions implements macroprudential instruments, including those set out in the European Capital Requirement Directive. Despite the important progress made, there are some improvements that should be considered. The macroprudential policy toolkit should be expanded. The systemic risk buffer should be added to the toolkit, although its activation and level may still need further analysis.
Download or read book Recent Developments in the Finnish Banking Sector written by Atso K. Andersen and published by . This book was released on 2007 with total page 39 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we discuss recent developments in the Finnish banking sector. Our specific aim is to examine whether and to what extent recent developments in Finland are broadly in line with the trends common to banking sectors in Europe and also worldwide. We focus on developments in banks' profit and loss accounts, balance sheets and the market structure of the banking sector. In addition, technological developments are surveyed. As regards consolidation, the Finnish banking sector is a trendsetter. The emphasis in structural development has moved to cross-border banking and bank assurance. On the other hand, it turns out that it is difficult to track some of the trends that are believed to characterize European banking sectors using Finnish data. For instance, disintermediation has thus far been moderate in Finland, as the role of banks as providers of financing to households and companies is still significant and generally shows no signs of diminishing. Tougher competition in lending does not seem to have reduced Finnish banks' profitability, which was at a record high in 1999 and in the first half of 2000. The Finnish banks have fully recovered from the banking crisis of the early 1990s. Improved profitability is largely due to enhanced efficiency as well as recent favourable economic performance. The banking sector has experienced a rapid process of consolidation during the 1990s and currently banks are in the middle of a period of intensive launching of new technology-based products. It can be argued that as a result of developments in the 1990s the Finnish banking sector is among the most profitable and efficient in Europe.
Download or read book Finland written by International Monetary Fund and published by International Monetary Fund. This book was released on 2012-08-31 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues and Analytical Note on Finland discusses the potential spillovers to Finland from various shocks associated with cross-country interlinkages. The note provides an overview of the trade and financial linkages, assesses the impact of global fiscal consolidation on Finland via trade links, quantifies dynamic contributions from external sources to growth, and uses these contributions to forecast the potential loss to Finnish GDP from a growth slowdown in other European countries; and analyzes the potential impact from the banking sector or sovereign stress.
Download or read book Monetary Policy in Finland written by Ari Aaltonen and published by . This book was released on 1994 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Financial Reform in Finland written by International Monetary Fund and published by International Monetary Fund. This book was released on 1988-10-11 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the evolution of the Finnish financial system from a restrictive system based on credit limitations and rationing to an open system which relies on indirect, market-oriented policies. The main beneficiaries are found to be the banks and those that previously had restricted access to bank credit. Two major remaining problems are the anti-savings biases associated with the generous tax treatment of household interest payments and the cartel-like system used in providing tax-free deposits to households. The paper also challenges the argument that the reform caused a loss of monetary autonomy.
Download or read book Payment Systems in Finland written by BANCA DEI REGOLAMENTI INTERNAZIONALI (BRI) = BANK FOR INTERNATIONAL SETTLEMENTS (BIS) and published by . This book was released on 1994 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bulletin written by and published by . This book was released on 2013 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Finnish Banking System written by and published by . This book was released on 1980 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
