Financial stability assessment : Weakening economy and tightening financing conditions pose a challenge to financial stability
JulkaisusarjaBank of Finland. Bulletin
JulkaisijaBank of Finland
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-202206131283
Russia’s war on Ukraine has caused immeasurable human suffering and destruction for the people of Ukraine. Russia's attack weakened the economic outlook rapidly in spring 2022, and financial stability risks increased in Finland. To ensure financial stability, the resilience of borrowers and banks must be strengthened. More effective measures are needed for curbing excessive household indebtedness. More determined action must be taken to prepare for financial sector cyber risks and vulnerabilities in the payment and settlement systems.
The accessible version: https://www.bofbulletin.fi/en/2022/1/weakening-economy-and-tightening-financing-conditions-pose-a-challenge-to-financial-stability/