Bank of Finland Bulletin : Bank of Finland articles on the economy 1/2022

Resilience of borrowers, banks and payment systems must be strengthened 3
Weakening economy and tightening financing conditions pose a challenge to financial stability 6
New housing loans keep growing in size – increased share of longer than-usual loans 33
From crisis to crisis – companies are once again facing a challenging operating environment 50
Nordic housing market risks can affect Finland’s economy 61
Financial sector also facing new kinds of threats 72
Large structural risks require banks to hold buffers for a rainy day 75
Macroprudential toolkit should be replenished in Finland and Europe 83
Instruments to prevent risk of indebtedness becoming more common in Europe 90
Banks’ macroprudential buffer requirements lighter in Finland than in its peers 94

The accessible version http://www.bofbulletin.fi