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Belgium

  • Rudi Vander Vennet
Chapter

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 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Palgrave Macmillan, a division of Macmillan Publishers Limited 2002

Authors and Affiliations

  • Rudi Vander Vennet

There are no affiliations available

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