Market information
Tuesday, September 28, 2010
The amount of loans offered by banks in Europe increased in August 2010. Banks lending to households and businesses increased in August 2010 by 1,2% compared to August 2009.
Due to the credit crunch and the increased distrust, investors are not willing to pay more for shares than the bank's equity value per share or book value per share, according to the KBW Bank Index. Before the start of the credit crisis in 2008 bank stocks where never sold at a discount to the liquidation price.
The organisation of independent financial intermediaries, Adfiz, calls for a legal ban on fees for advising consumers on complex financial products. With this legal ban Adfiz intends to improve the image of independent financial intermediaries. Adfiz presented its memo to the Minister of Finance.
The 6 months Euribor remained at 1.14% and the 10 years swap decreased 8 basis points to 2.56%.
In the attachment below, today’s market data on money and capital market rates as well as other rates are presented. For more history of these rates or other rates feel free to ask: .(JavaScript must be enabled to view this email address).
Page 1 of 1 pages
Economic view
Publications
New terms for a marriage of convenience
Impact of Basel III on corporate banking relationship
risk management, financing, treasury, cash management, working capital, investments, Basel III
Shift towards an American funding model
corporates, corporate lending, Greek default
Client Cases
Netherlands State Treasury Agency
Going the extra mile for the national treasurer
public sector, treasury management, financing, treasury, publieke sector
