Belgium

Rudi Vennet

Chapter 2 in Banking in the New Europe, 2002, pp 25-52 from Palgrave Macmillan

Abstract: Abstract The Belgian financial sector accounts for 9.5% of the total value added and 5.5% of total employment generated by the service sector. Belgium remains a country where banks are at the centre of financial flows and where economic agents rely predominantly on intermediated funding. The ratio of total bank assets to GNP amounted to 295% in 1997. In Europe, only Luxembourg and Switzerland exhibit higher ratios.

Keywords: Mutual Fund; Commercial Bank; Banking Sector; Large Bank; Government Bond (search for similar items in EconPapers)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59999-4_2

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DOI: 10.1057/9780230599994_2

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