Sisällysluettelo : Bank of Finland. Financial market report

Abstract

1 Financial intermediation 4 1.1 Heightening competition in deposits 4 1.2 Non-financial corporations not shocked by the increase in interest rates 6 2 Banks and insurance corporations 8 2.1 Slight hiccup in domestic banks' net income in the third quarter 8 2.2 Nordic banking sectors among the most efficient in the EU 10 2.3 Nordic financial groups internationally oriented 13 3 Securities markets 15 3.1 Rapid growth in sovereign wealth funds 15 3.2 Turmoil in the markets for asset-backed securities 16 4 Infrastructure 18 4.1 TARGET2-Securities supports Nordic direct holding of securities 18 4.2 Changes in collateral framework have not affected the adequacy of payment system liquidity 19 4.3 Increased benefits from the single market Commission launches new initiatives to increase competition in retail banking 20 5 Key corporate arrangements and events in the financial sector 22