Increased flood risks caused by climate change will also affect banks Due to climate change, extreme weather events will become more frequent, resulting in material damage to buildings and other infrastructure. In Finland, for example, this will probably increase the risk of coastal floods. Share Email Twitter Facebook Linkedin Google+
Recession followed by slow recovery According to the Bank of Finland’s assessment, Finnish GDP will contract by 4.7% in 2020. Even though the recession appears to be shallower than feared in the spring, it is still deep, and recovery will be slow. Share Email Twitter Facebook Linkedin Google+
Could the Green Supporting Factor help mitigate climate change? The need for sustainable finance has grown because of the urgency to mitigate climate change. Share Email Twitter Facebook Linkedin Google+
Scenarios of the Finnish economy for the years ahead The coronavirus pandemic will drive the Finnish economy into recession this year. Share Email Twitter Facebook Linkedin Google+
From Giovannini barriers to Capital Markets Union Well-functioning trading venues for securities transactions are a necessary component of efficient financial markets. Share Email Twitter Facebook Linkedin Google+
Education pays, but the growth of educational attainment in Finland is stagnating Educational attainment among the Finnish working-age population is still high by international standards. Share Email Twitter Facebook Linkedin Google+
Risks on the Swedish housing market also a cause for concern in other Nordic countries An extensive materialisation of risks on the Swedish housing market could also have notable effects in the other Nordic countries. Share Email Twitter Facebook Linkedin Google+
Repricing of securities markets’ risk premia still most significant threat to global financial stability Low risk premia and high valuations have increased global securities markets’ exposure to price corrections and abrupt shifts in risk premia. Share Email Twitter Facebook Linkedin Google+
Financial stability assessment: Finland's banking sector expands – Banking Union mitigates risks There are no immediate threats to the stability of the Finnish financial system. The relocation of Nordea’s corporate headquarters will, however, increase the banking sector’s exposure to structural vulnerabilities. Share Email Twitter Facebook Linkedin Google+