• Rudi Vander Vennet


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.


Mutual Fund Commercial Bank Banking Sector Large Bank Government Bond 
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© Palgrave Macmillan, a division of Macmillan Publishers Limited 2002

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  • Rudi Vander Vennet

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