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From Finnish Great Depression to Great Recession
(12.05.2014)
Bank of Finland. Bulletin 3
Bank of Finland. Bulletin 3
The Finnish economy has experienced three major recessions over the last 25 years, all very different in nature. The turn of the century witnessed the bursting of the dot-com bubble in the ‘Nokia economy’. The country was ...
Concentrated banking system amplifies banking crises
(09.06.2015)
Bank of Finland. Bulletin 2/2015
Bank of Finland. Bulletin 2/2015
The consequences of a banking crisis could be exceptionally severe in Finland’s concentrated banking system. Regulatory means must therefore be deployed to ensure the capital adequacy and liquidity of Finnish banks remain ...