Sisällysluettelo : Bank of Finland. Financial market report

Abstract

1 Financial intermediation 3 1.1 Growth of MFI loans to the private sector levelling off 3 1.2 Non-financial corporations' financing plans exceptionally subdued 5 2 Banks 6 2.1 Banks' operating profits increased while net interest income as a proportion of banks' total income declined 6 2.2 Performance of Nordic and Baltic financial groups remains good 8 2.3 Speedy reform of China's huge banking sector 9 2.4 Year of big bank mergers and acquisitions 10 3 Securities markets 12 3.1 Less variation in equity returns 12 3.2 Clear downturn in stock of domestic corporate bonds in Finland 14 3.3 Continued robust growth of money market and equity funds 15 4 Infrastructure 17 4.1 Electronic invoicing is quickly gaining ground in Finland 17 4.2 Nordic Central Securities Depository to improve interoperability in the Nordic market 18 5 Key corporate arrangements and events in the financial sector 20