Financial Stability Review 2003

The Financial Stability Review 2003 starts with a general survey of the recent economic, financial and structural developments, and also deals with the following subjects:

  • New structure for clearing and settlement systems in the EU
  • The Belgian interbank market: interbank linkages and systemic risk
  • An analytical review of credit risk transfer instruments
  • The Basel II Capital Accord, SME loans and implications for Belgium
  • The governance of the International Monetary Fund with a single EU-chair

Financial Stability Review 2003 (pdf - 1885 k)