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The Belgian insurance industry was adversely affected by the global financial crisis and continued to confront challenges related to legacy assets and economic uncertainties in Europe. The Belgian authorities have made significant progress in updating the insurance regulatory regime and...
Persistent link: https://www.econbiz.de/10011244392
Belgian financial conglomerates (FCs) remained important players in the Belgian financial sector, despite significant restructuring following the global financial crisis. FCs operated in multiple streams of the financial sector, especially in banking and insurance. Owing to their economic reach...
Persistent link: https://www.econbiz.de/10011244943
This Selected Issues paper illustrates the recent evolution in Belgian housing prices. Belgian housing prices peaked at the end of 2013 after a persistent increase that was almost continuous for 30 years. The stabilization of prices, combined with policy changes on the fiscal and...
Persistent link: https://www.econbiz.de/10011245071
The ability of the National Bank of Belgium (NBB) to provide emergency liquidity assistance to solvent but temporarily …
Persistent link: https://www.econbiz.de/10011245189
the banking and insurance sectors of Belgium since 2006. The Belgian financial system is relatively large with solid …
Persistent link: https://www.econbiz.de/10011245209
The Belgium Financial Sector Assessment Program (FSAP) stress testing exercise examines a financial sector that remains …
Persistent link: https://www.econbiz.de/10011245216
The 2014 Article IV Consultation discusses economic developments and policies in Belgium. It highlights that despite … its resilience, the Belgium economy has been losing competitiveness due to higher labor cost and lower productivity …
Persistent link: https://www.econbiz.de/10011245688
agreements with the National Bank of Belgium (Belgium) and the Swiss National Bank (Switzerland), effective on August 30, 2017 …. These new borrowing agreements with Belgium and Switzerland provide new resources equivalent to SDR 350 million and SDR 500 …
Persistent link: https://www.econbiz.de/10014408669
to its members, the National Bank of Belgium agrees to lend to the Fund an SDR denominated amount up to the equivalent of …
Persistent link: https://www.econbiz.de/10014410350
borrowing agreement (the 'Agreement') with the National Bank of Belgium, by which Belgium will provide new loan resources of up …
Persistent link: https://www.econbiz.de/10014410375