Belgium :: Technical Note on Stress Testing the Banking and Insurance Sectors.
The Belgium Financial Sector Assessment Program (FSAP) stress testing exercise examines a financial sector that remains in a state of transformation. Domestic economic challenges remain sources of continued uncertainty as the banking sector consolidates and reduces funding risks. Insurers face chall...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
©2013.
|
Schriftenreihe: | IMF country report ;
no. 13/137. |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | The Belgium Financial Sector Assessment Program (FSAP) stress testing exercise examines a financial sector that remains in a state of transformation. Domestic economic challenges remain sources of continued uncertainty as the banking sector consolidates and reduces funding risks. Insurers face challenges from adverse economic and business conditions. Solvency and funding shocks under different macroeconomic scenarios were assessed. Both banking and insurance tests underscore the importance of sovereign risk for financial stability. The implementation of stress tests needs to be closely aligned with the resolution and recovery planning. |
Beschreibung: | Title from PDF title page (IMF Web site, viewed May 29, 2013). "Prepared by Andreas (Andy) Jobst (Bermuda Monetary Authority), Philipp Keller (formerly Switzerland Financial Markets Authority, consultant), and Sylwia Nowak (EUR)"--Page 5 of pdf. "May 2013." "May 16, 2013"--Page 2 of pdf. |
Beschreibung: | 1 online resource (104 pages) : color illustrations. |
Bibliographie: | Includes bibliographical references. |
ISBN: | 9781484391464 1484391462 1484381068 9781484381069 |
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245 | 1 | 0 | |a Belgium : |b Technical Note on Stress Testing the Banking and Insurance Sectors. |
260 | |a Washington, D.C. : |b International Monetary Fund, |c ©2013. | ||
300 | |a 1 online resource (104 pages) : |b color illustrations. | ||
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490 | 1 | |a IMF country report ; |v no. 13/137 | |
500 | |a Title from PDF title page (IMF Web site, viewed May 29, 2013). | ||
500 | |a "Prepared by Andreas (Andy) Jobst (Bermuda Monetary Authority), Philipp Keller (formerly Switzerland Financial Markets Authority, consultant), and Sylwia Nowak (EUR)"--Page 5 of pdf. | ||
500 | |a "May 2013." | ||
500 | |a "May 16, 2013"--Page 2 of pdf. | ||
504 | |a Includes bibliographical references. | ||
520 | 3 | |a The Belgium Financial Sector Assessment Program (FSAP) stress testing exercise examines a financial sector that remains in a state of transformation. Domestic economic challenges remain sources of continued uncertainty as the banking sector consolidates and reduces funding risks. Insurers face challenges from adverse economic and business conditions. Solvency and funding shocks under different macroeconomic scenarios were assessed. Both banking and insurance tests underscore the importance of sovereign risk for financial stability. The implementation of stress tests needs to be closely aligned with the resolution and recovery planning. | |
505 | 0 | |a Cover; CONTENTS; GLOSSARY; INTRODUCTION; BANKING-SOLVENCY STRESS TESTS; A. Summary of Both Solvency Stress Tests; B. Bottom-Up Solvency Stress Tests; C. Top-Down Solvency Stress Tests; D. Reconciliation of Both Solvency Stress Tests; BANKING-LIQUIDITY STRESS TESTS; SUMMARY AND POLICY IMPLICATIONS-BANKING; INSURANCE-SOLVENCY STRESS TESTS; BOXES; 1. Review of Aggregation Approach; 2. Key Elements of Different Valuation Approaches Applied in the Stress Test; 3. Contagion Effects in Bancassurance; SUMMARY AND POLICY IMPLICATIONS-INSURANCE; REFERENCES; TABLES. | |
505 | 8 | |a 1. Stress Test Matrix (Stem) for the Banking Sector: Solvency and Liquidity Risks2. Composition of the System and Banks Included in the Stress Tests; 3. Financial Soundness Indicators for Banks Included in the Solvency Stress Test; 4. Macroeconomic Scenarios for Solvency Stress Test; 5. Overview of the Basel II and III Minimum Capital Requirements; 6. Liquidity Stress Test Parameters (Basel III Standard Measures); 7. Liquidity Stress Test Parameters (NBB Liquidity Ratio); 8. Insurance Sector-Stress Test Specification; FIGURES; 1. Banking Sector Developments. | |
505 | 8 | |a 2. Liquidity and Short-term Funding3. Bank Funding; 4. Insurance Financial Soundness Indicators (FSIs); 5. Macroeconomic Assumptions under Different Stress Test Scenarios; 6. Solvency Stress Tests-Risk Drivers; 7. Evolution of Aggregate Capital Ratios in Solvency Stress Tests; 8. Solvency Stress Test Results-Total Capital Hurdle Rates; 9. Solvency Stress Test Results-Tier 1 Capital Hurdle Rate; 10. Solvency Stress Test Results-CET1 Capital Hurdle Rate; 11. Banks' Liquidity Ratios and Stress Test Results; 12. Insurance Stress Test Results; ANNEX; I. Guidelines for the Bottom-Up Solvency Stress. | |
505 | 8 | |a APPENDICESI. Proposed Timeline for Completion of Solvency; II. Key BU Solvency Stress Test Parameters; III. Overview of Stress Test Scenarios (in percent); IV. Interpolated Interest Rate Term Structure and Swap Rate Curve; V. Possible Satellite Model Specification; VI. Minimum Funding Cost: Empirical Estimation of Nonlinear Change; VII. Sovereign Haircuts for Selected Countries; VIII. Estimation Methodology for Sovereign Risk Valuation Haircuts; IX. Pay-out Ratio, Hurdle Rates, and Changes in Risk-Weighted Assets; X. Suggested Output Format for Reporting by Firms to NBB. | |
610 | 2 | 0 | |a International Monetary Fund |z Belgium. |
610 | 2 | 7 | |a International Monetary Fund |2 fast |
650 | 0 | |a Banks and banking |z Belgium |x Evaluation. | |
650 | 0 | |a Insurance |z Belgium |x Evaluation. | |
650 | 0 | |a Financial risk management |z Belgium. | |
650 | 6 | |a Assurance |z Belgique |x Évaluation. | |
650 | 6 | |a Finances |x Gestion du risque |z Belgique. | |
650 | 7 | |a BUSINESS & ECONOMICS |x Finance. |2 bisacsh | |
650 | 7 | |a Banks and banking |x Evaluation |2 fast | |
650 | 7 | |a Financial risk management |2 fast | |
651 | 7 | |a Belgium |2 fast |1 https://id.oclc.org/worldcat/entity/E39QbtfRBTwKRX6RVxHCgVWBGB | |
700 | 1 | |a Keller, Philipp. | |
700 | 1 | |a Nowak, Sylwia. | |
710 | 2 | |a International Monetary Fund. |0 http://id.loc.gov/authorities/names/n81052755 | |
830 | 0 | |a IMF country report ; |v no. 13/137. |0 http://id.loc.gov/authorities/names/no2001029774 | |
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Datensatz im Suchindex
DE-BY-FWS_katkey | ZDB-4-EBA-ocn844975936 |
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adam_text | |
any_adam_object | |
author | Jobst, Andreas |
author2 | Keller, Philipp Nowak, Sylwia |
author2_role | |
author2_variant | p k pk s n sn |
author_corporate | International Monetary Fund |
author_corporate_role | |
author_facet | Jobst, Andreas Keller, Philipp Nowak, Sylwia International Monetary Fund |
author_role | aut |
author_sort | Jobst, Andreas |
author_variant | a j aj |
building | Verbundindex |
bvnumber | localFWS |
callnumber-first | H - Social Science |
callnumber-label | HC59 |
callnumber-raw | HC59.15.I15 No. 13/137eb |
callnumber-search | HC59.15.I15 No. 13/137eb |
callnumber-sort | HC 259.15 I15 NO 213 3137EB |
callnumber-subject | HC - Economic History and Conditions |
collection | ZDB-4-EBA |
contents | Cover; CONTENTS; GLOSSARY; INTRODUCTION; BANKING-SOLVENCY STRESS TESTS; A. Summary of Both Solvency Stress Tests; B. Bottom-Up Solvency Stress Tests; C. Top-Down Solvency Stress Tests; D. Reconciliation of Both Solvency Stress Tests; BANKING-LIQUIDITY STRESS TESTS; SUMMARY AND POLICY IMPLICATIONS-BANKING; INSURANCE-SOLVENCY STRESS TESTS; BOXES; 1. Review of Aggregation Approach; 2. Key Elements of Different Valuation Approaches Applied in the Stress Test; 3. Contagion Effects in Bancassurance; SUMMARY AND POLICY IMPLICATIONS-INSURANCE; REFERENCES; TABLES. 1. Stress Test Matrix (Stem) for the Banking Sector: Solvency and Liquidity Risks2. Composition of the System and Banks Included in the Stress Tests; 3. Financial Soundness Indicators for Banks Included in the Solvency Stress Test; 4. Macroeconomic Scenarios for Solvency Stress Test; 5. Overview of the Basel II and III Minimum Capital Requirements; 6. Liquidity Stress Test Parameters (Basel III Standard Measures); 7. Liquidity Stress Test Parameters (NBB Liquidity Ratio); 8. Insurance Sector-Stress Test Specification; FIGURES; 1. Banking Sector Developments. 2. Liquidity and Short-term Funding3. Bank Funding; 4. Insurance Financial Soundness Indicators (FSIs); 5. Macroeconomic Assumptions under Different Stress Test Scenarios; 6. Solvency Stress Tests-Risk Drivers; 7. Evolution of Aggregate Capital Ratios in Solvency Stress Tests; 8. Solvency Stress Test Results-Total Capital Hurdle Rates; 9. Solvency Stress Test Results-Tier 1 Capital Hurdle Rate; 10. Solvency Stress Test Results-CET1 Capital Hurdle Rate; 11. Banks' Liquidity Ratios and Stress Test Results; 12. Insurance Stress Test Results; ANNEX; I. Guidelines for the Bottom-Up Solvency Stress. APPENDICESI. Proposed Timeline for Completion of Solvency; II. Key BU Solvency Stress Test Parameters; III. Overview of Stress Test Scenarios (in percent); IV. Interpolated Interest Rate Term Structure and Swap Rate Curve; V. Possible Satellite Model Specification; VI. Minimum Funding Cost: Empirical Estimation of Nonlinear Change; VII. Sovereign Haircuts for Selected Countries; VIII. Estimation Methodology for Sovereign Risk Valuation Haircuts; IX. Pay-out Ratio, Hurdle Rates, and Changes in Risk-Weighted Assets; X. Suggested Output Format for Reporting by Firms to NBB. |
ctrlnum | (OCoLC)844975936 |
dewey-full | 332.109493 |
dewey-hundreds | 300 - Social sciences |
dewey-ones | 332 - Financial economics |
dewey-raw | 332.109493 |
dewey-search | 332.109493 |
dewey-sort | 3332.109493 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
format | Electronic eBook |
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references.</subfield></datafield><datafield tag="520" ind1="3" ind2=" "><subfield code="a">The Belgium Financial Sector Assessment Program (FSAP) stress testing exercise examines a financial sector that remains in a state of transformation. Domestic economic challenges remain sources of continued uncertainty as the banking sector consolidates and reduces funding risks. Insurers face challenges from adverse economic and business conditions. Solvency and funding shocks under different macroeconomic scenarios were assessed. Both banking and insurance tests underscore the importance of sovereign risk for financial stability. The implementation of stress tests needs to be closely aligned with the resolution and recovery planning.</subfield></datafield><datafield tag="505" ind1="0" ind2=" "><subfield code="a">Cover; CONTENTS; GLOSSARY; INTRODUCTION; BANKING-SOLVENCY STRESS TESTS; A. Summary of Both Solvency Stress Tests; B. Bottom-Up Solvency Stress Tests; C. Top-Down Solvency Stress Tests; D. Reconciliation of Both Solvency Stress Tests; BANKING-LIQUIDITY STRESS TESTS; SUMMARY AND POLICY IMPLICATIONS-BANKING; INSURANCE-SOLVENCY STRESS TESTS; BOXES; 1. Review of Aggregation Approach; 2. Key Elements of Different Valuation Approaches Applied in the Stress Test; 3. Contagion Effects in Bancassurance; SUMMARY AND POLICY IMPLICATIONS-INSURANCE; REFERENCES; TABLES.</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">1. Stress Test Matrix (Stem) for the Banking Sector: Solvency and Liquidity Risks2. Composition of the System and Banks Included in the Stress Tests; 3. Financial Soundness Indicators for Banks Included in the Solvency Stress Test; 4. Macroeconomic Scenarios for Solvency Stress Test; 5. Overview of the Basel II and III Minimum Capital Requirements; 6. Liquidity Stress Test Parameters (Basel III Standard Measures); 7. Liquidity Stress Test Parameters (NBB Liquidity Ratio); 8. Insurance Sector-Stress Test Specification; FIGURES; 1. Banking Sector Developments.</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">2. Liquidity and Short-term Funding3. Bank Funding; 4. Insurance Financial Soundness Indicators (FSIs); 5. Macroeconomic Assumptions under Different Stress Test Scenarios; 6. Solvency Stress Tests-Risk Drivers; 7. Evolution of Aggregate Capital Ratios in Solvency Stress Tests; 8. Solvency Stress Test Results-Total Capital Hurdle Rates; 9. Solvency Stress Test Results-Tier 1 Capital Hurdle Rate; 10. Solvency Stress Test Results-CET1 Capital Hurdle Rate; 11. Banks' Liquidity Ratios and Stress Test Results; 12. Insurance Stress Test Results; ANNEX; I. Guidelines for the Bottom-Up Solvency Stress.</subfield></datafield><datafield tag="505" ind1="8" ind2=" "><subfield code="a">APPENDICESI. Proposed Timeline for Completion of Solvency; II. Key BU Solvency Stress Test Parameters; III. Overview of Stress Test Scenarios (in percent); IV. Interpolated Interest Rate Term Structure and Swap Rate Curve; V. Possible Satellite Model Specification; VI. Minimum Funding Cost: Empirical Estimation of Nonlinear Change; VII. 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geographic | Belgium fast https://id.oclc.org/worldcat/entity/E39QbtfRBTwKRX6RVxHCgVWBGB |
geographic_facet | Belgium |
id | ZDB-4-EBA-ocn844975936 |
illustrated | Illustrated |
indexdate | 2024-11-27T13:25:22Z |
institution | BVB |
institution_GND | http://id.loc.gov/authorities/names/n81052755 |
isbn | 9781484391464 1484391462 1484381068 9781484381069 |
language | English |
oclc_num | 844975936 |
open_access_boolean | |
owner | MAIN DE-863 DE-BY-FWS |
owner_facet | MAIN DE-863 DE-BY-FWS |
physical | 1 online resource (104 pages) : color illustrations. |
psigel | ZDB-4-EBA |
publishDate | 2013 |
publishDateSearch | 2013 |
publishDateSort | 2013 |
publisher | International Monetary Fund, |
record_format | marc |
series | IMF country report ; |
series2 | IMF country report ; |
spelling | Jobst, Andreas, author. Belgium : Technical Note on Stress Testing the Banking and Insurance Sectors. Washington, D.C. : International Monetary Fund, ©2013. 1 online resource (104 pages) : color illustrations. text txt rdacontent computer c rdamedia online resource cr rdacarrier polychrome. rdacc http://rdaregistry.info/termList/RDAColourContent/1003 text file rdaft http://rdaregistry.info/termList/fileType/1002 IMF country report ; no. 13/137 Title from PDF title page (IMF Web site, viewed May 29, 2013). "Prepared by Andreas (Andy) Jobst (Bermuda Monetary Authority), Philipp Keller (formerly Switzerland Financial Markets Authority, consultant), and Sylwia Nowak (EUR)"--Page 5 of pdf. "May 2013." "May 16, 2013"--Page 2 of pdf. Includes bibliographical references. The Belgium Financial Sector Assessment Program (FSAP) stress testing exercise examines a financial sector that remains in a state of transformation. Domestic economic challenges remain sources of continued uncertainty as the banking sector consolidates and reduces funding risks. Insurers face challenges from adverse economic and business conditions. Solvency and funding shocks under different macroeconomic scenarios were assessed. Both banking and insurance tests underscore the importance of sovereign risk for financial stability. The implementation of stress tests needs to be closely aligned with the resolution and recovery planning. Cover; CONTENTS; GLOSSARY; INTRODUCTION; BANKING-SOLVENCY STRESS TESTS; A. Summary of Both Solvency Stress Tests; B. Bottom-Up Solvency Stress Tests; C. Top-Down Solvency Stress Tests; D. Reconciliation of Both Solvency Stress Tests; BANKING-LIQUIDITY STRESS TESTS; SUMMARY AND POLICY IMPLICATIONS-BANKING; INSURANCE-SOLVENCY STRESS TESTS; BOXES; 1. Review of Aggregation Approach; 2. Key Elements of Different Valuation Approaches Applied in the Stress Test; 3. Contagion Effects in Bancassurance; SUMMARY AND POLICY IMPLICATIONS-INSURANCE; REFERENCES; TABLES. 1. Stress Test Matrix (Stem) for the Banking Sector: Solvency and Liquidity Risks2. Composition of the System and Banks Included in the Stress Tests; 3. Financial Soundness Indicators for Banks Included in the Solvency Stress Test; 4. Macroeconomic Scenarios for Solvency Stress Test; 5. Overview of the Basel II and III Minimum Capital Requirements; 6. Liquidity Stress Test Parameters (Basel III Standard Measures); 7. Liquidity Stress Test Parameters (NBB Liquidity Ratio); 8. Insurance Sector-Stress Test Specification; FIGURES; 1. Banking Sector Developments. 2. Liquidity and Short-term Funding3. Bank Funding; 4. Insurance Financial Soundness Indicators (FSIs); 5. Macroeconomic Assumptions under Different Stress Test Scenarios; 6. Solvency Stress Tests-Risk Drivers; 7. Evolution of Aggregate Capital Ratios in Solvency Stress Tests; 8. Solvency Stress Test Results-Total Capital Hurdle Rates; 9. Solvency Stress Test Results-Tier 1 Capital Hurdle Rate; 10. Solvency Stress Test Results-CET1 Capital Hurdle Rate; 11. Banks' Liquidity Ratios and Stress Test Results; 12. Insurance Stress Test Results; ANNEX; I. Guidelines for the Bottom-Up Solvency Stress. APPENDICESI. Proposed Timeline for Completion of Solvency; II. Key BU Solvency Stress Test Parameters; III. Overview of Stress Test Scenarios (in percent); IV. Interpolated Interest Rate Term Structure and Swap Rate Curve; V. Possible Satellite Model Specification; VI. Minimum Funding Cost: Empirical Estimation of Nonlinear Change; VII. Sovereign Haircuts for Selected Countries; VIII. Estimation Methodology for Sovereign Risk Valuation Haircuts; IX. Pay-out Ratio, Hurdle Rates, and Changes in Risk-Weighted Assets; X. Suggested Output Format for Reporting by Firms to NBB. International Monetary Fund Belgium. International Monetary Fund fast Banks and banking Belgium Evaluation. Insurance Belgium Evaluation. Financial risk management Belgium. Assurance Belgique Évaluation. Finances Gestion du risque Belgique. BUSINESS & ECONOMICS Finance. bisacsh Banks and banking Evaluation fast Financial risk management fast Belgium fast https://id.oclc.org/worldcat/entity/E39QbtfRBTwKRX6RVxHCgVWBGB Keller, Philipp. Nowak, Sylwia. International Monetary Fund. http://id.loc.gov/authorities/names/n81052755 IMF country report ; no. 13/137. http://id.loc.gov/authorities/names/no2001029774 FWS01 ZDB-4-EBA FWS_PDA_EBA https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1255886 Volltext |
spellingShingle | Jobst, Andreas Belgium : Technical Note on Stress Testing the Banking and Insurance Sectors. IMF country report ; Cover; CONTENTS; GLOSSARY; INTRODUCTION; BANKING-SOLVENCY STRESS TESTS; A. Summary of Both Solvency Stress Tests; B. Bottom-Up Solvency Stress Tests; C. Top-Down Solvency Stress Tests; D. Reconciliation of Both Solvency Stress Tests; BANKING-LIQUIDITY STRESS TESTS; SUMMARY AND POLICY IMPLICATIONS-BANKING; INSURANCE-SOLVENCY STRESS TESTS; BOXES; 1. Review of Aggregation Approach; 2. Key Elements of Different Valuation Approaches Applied in the Stress Test; 3. Contagion Effects in Bancassurance; SUMMARY AND POLICY IMPLICATIONS-INSURANCE; REFERENCES; TABLES. 1. Stress Test Matrix (Stem) for the Banking Sector: Solvency and Liquidity Risks2. Composition of the System and Banks Included in the Stress Tests; 3. Financial Soundness Indicators for Banks Included in the Solvency Stress Test; 4. Macroeconomic Scenarios for Solvency Stress Test; 5. Overview of the Basel II and III Minimum Capital Requirements; 6. Liquidity Stress Test Parameters (Basel III Standard Measures); 7. Liquidity Stress Test Parameters (NBB Liquidity Ratio); 8. Insurance Sector-Stress Test Specification; FIGURES; 1. Banking Sector Developments. 2. Liquidity and Short-term Funding3. Bank Funding; 4. Insurance Financial Soundness Indicators (FSIs); 5. Macroeconomic Assumptions under Different Stress Test Scenarios; 6. Solvency Stress Tests-Risk Drivers; 7. Evolution of Aggregate Capital Ratios in Solvency Stress Tests; 8. Solvency Stress Test Results-Total Capital Hurdle Rates; 9. Solvency Stress Test Results-Tier 1 Capital Hurdle Rate; 10. Solvency Stress Test Results-CET1 Capital Hurdle Rate; 11. Banks' Liquidity Ratios and Stress Test Results; 12. Insurance Stress Test Results; ANNEX; I. Guidelines for the Bottom-Up Solvency Stress. APPENDICESI. Proposed Timeline for Completion of Solvency; II. Key BU Solvency Stress Test Parameters; III. Overview of Stress Test Scenarios (in percent); IV. Interpolated Interest Rate Term Structure and Swap Rate Curve; V. Possible Satellite Model Specification; VI. Minimum Funding Cost: Empirical Estimation of Nonlinear Change; VII. Sovereign Haircuts for Selected Countries; VIII. Estimation Methodology for Sovereign Risk Valuation Haircuts; IX. Pay-out Ratio, Hurdle Rates, and Changes in Risk-Weighted Assets; X. Suggested Output Format for Reporting by Firms to NBB. International Monetary Fund Belgium. International Monetary Fund fast Banks and banking Belgium Evaluation. Insurance Belgium Evaluation. Financial risk management Belgium. Assurance Belgique Évaluation. Finances Gestion du risque Belgique. BUSINESS & ECONOMICS Finance. bisacsh Banks and banking Evaluation fast Financial risk management fast |
title | Belgium : Technical Note on Stress Testing the Banking and Insurance Sectors. |
title_auth | Belgium : Technical Note on Stress Testing the Banking and Insurance Sectors. |
title_exact_search | Belgium : Technical Note on Stress Testing the Banking and Insurance Sectors. |
title_full | Belgium : Technical Note on Stress Testing the Banking and Insurance Sectors. |
title_fullStr | Belgium : Technical Note on Stress Testing the Banking and Insurance Sectors. |
title_full_unstemmed | Belgium : Technical Note on Stress Testing the Banking and Insurance Sectors. |
title_short | Belgium : |
title_sort | belgium technical note on stress testing the banking and insurance sectors |
title_sub | Technical Note on Stress Testing the Banking and Insurance Sectors. |
topic | International Monetary Fund Belgium. International Monetary Fund fast Banks and banking Belgium Evaluation. Insurance Belgium Evaluation. Financial risk management Belgium. Assurance Belgique Évaluation. Finances Gestion du risque Belgique. BUSINESS & ECONOMICS Finance. bisacsh Banks and banking Evaluation fast Financial risk management fast |
topic_facet | International Monetary Fund Belgium. International Monetary Fund Banks and banking Belgium Evaluation. Insurance Belgium Evaluation. Financial risk management Belgium. Assurance Belgique Évaluation. Finances Gestion du risque Belgique. BUSINESS & ECONOMICS Finance. Banks and banking Evaluation Financial risk management Belgium |
url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1255886 |
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