Banking in Belgium explained

Banking in Belgium, as of 11 October 2008, exhibits an average leverage ratio (assets/net worth) of 33 to 1, while the short-term liabilities of the banks are equivalent to 285% of the Belgian GDP or 367% of its national debt.^[1]

See also

• 2008 Belgian financial crisis
• National Bank of Belgium

References

1. News: The World’s Banks Could Prove Too Big to Fail — or to Rescue. Norris. Floyd. 2008-10-10. The New York Times. 2017-08-30. en-US. 0362-4331.