Sisällysluettelo : Bank of Finland. Financial market report

Abstract

1 Financial intermediation 3 1.1 Financial sectors in Baltic States still comparatively small relative to size of economy 3 2 Banks and insurance companies 7 2.1 Operating profits improved in response to increase in other income 7 2.2 First quarter performance data for Nordic and Baltic banks, 2004 8 2.3 Subdued increase in premiums written by insurance companies 9 3 Securities Markets 11 3.1 Share market liquidity has improved 11 3.2 Interest rate expectations reflected in bond markets 13 4 Infrastructure 15 4.1 Increased payment traffic in Finland 15 4.2 Towards more effective infrastructure solutions 17 5 Key initiatives for development of regulation and supervision 19 5.1 Securities clearing and settlement systems 19 5.2 Expert opinions on progress made in EU financial integration circulated for comment 21 Box: Financial Stability Forum (FSF) and Financial Stability Institute (FSI) as contributers to global financial stability 22 6 Key corporate arrangements and events in the financial sector