Overview
-
- DNBulletin: Increasing climate-related risks demand more action from the financial sector
- Financial institutions must increasingly factor in the consequences of a changing climate and the transition to a carbon-neutral economy. DNB explores the impact of climate-related risks on the Dutch financial sector in its recent report, "Waterproof? An exploration of climate-related risks for the Dutch financial sector". This impact can be felt increasingly strongly in a variety of areas, which is why DNB intends to embed climate-related risks more firmly in its supervision with the ultimate aim of ensuring sustainable financial stability.
- More about DNBulletin: DNBulletin: Increasing climate-relate...
-
- DNBulletin: Dutch public positive about deposit guarantee scheme
-
Three quarters of the Dutch public are aware that deposits are guaranteed up to a certain amount in the event of bank failure. They are less familiar with the specific features of the Deposit Guarantee Scheme (DGS), such as the maximum payout deadline of 20 working days. A study commissioned by DNB shows there is still room for improvement, considering that greater awareness is essential to promoting confidence in the industry.
- More about DNBulletin: DNBulletin: Dutch public positive abo...
-
- DNBulletin: Almost half of all Dutch consumers are active on peer-to-peer markets
-
A survey reveals that almost half of Dutch consumers use peer-to-peer markets, a figure that is expected to rise further. The most commonly mentioned reason for using these platforms is to earn or save money. Factors that keep consumers from using peer-to-peer markets are uncertainty about the reliability of suppliers and demanders and the quality of products and services offered, and uncertainty about payments.
- More about DNBulletin: DNBulletin: Almost half of all Dutch ...
-
- DNBulletin: Herding among Dutch pension funds stabilises effects of volatile price movements
-
Dutch pension funds mimic each other's investment behaviour in the sovereign bond market. This "herding" could be due to information efficiency (lower costs for smaller portfolios), or as a result of following each other's investment decisions in response to larger risks. Despite this tendency to herd, pension funds' investment behaviour has a stabilising influence in times of market volatility.
- More about DNBulletin: DNBulletin: Herding among Dutch pensi...
-
- DNBulletin: Blockchain technology offers opportunities
- While the use of bitcoin entails risks, the technology underlying the virtual currency offers promising opportunities. That is also the reason why we are experimenting with this distributed ledger technology, the most well-known form of which is blockchain. The use of this technology in the financial world could result in more efficient markets, cost savings, and improved resilience to cyberattacks and operational disruptions.
- More about DNBulletin: DNBulletin: Blockchain technology off...
-
- DNBulletin: Pension fund consolidation continues – general pension funds are gaining market share
- The consolidation trend in the pension sector has been emerging for some time and is set to continue. The number of pension funds dropped to 268 in 2017 from 1060 in 1997. Recently, the proportion of general pension funds has been growing.
- More about DNBulletin: DNBulletin: Pension fund consolidatio...
-
- DNBulletin: Why protectionism does not work
- Protectionism is back on the agenda, not least due to anti-free trade rhetoric from across the Atlantic Ocean. However, the advanced globalisation has made trade relations so complex that protectionism distorts production processes and harms consumers' purchasing power.
- More about DNBulletin: DNBulletin: Why protectionism does no...
-
- DNBulletin: Survey finds Dutch citizens confident about authenticity of euro banknotes
- Every other year, De Nederlandsche Bank (DNB) commissions a study to assess how the Dutch feel about their euro banknotes. This year’s survey was held among more than a thousand respondents. It shows that 74% of the Dutch appreciate the design of the banknotes, and they are increasingly confident about the authenticity of euro banknotes.
- More about DNBulletin: DNBulletin: Survey finds Dutch citize...
-
- DNBulletin: Large and specialised pension funds have better negotiating position for alternative investments
- Many pension funds use the services of external asset managers, to which they often pay performance fees. A DNB study shows that larger and more specialised pension funds apply performance fees more often. In addition, they pay lower performance fees to asset managers delivering a similar performance, in particular in the case of alternative asset classes. This may be because the size or expertise of these funds gives them a better negotiating position than smaller and less specialised pension funds.
- More about DNBulletin: DNBulletin: Large and specialised pen...
-
- DNBulletin: Relatively small measures could strengthen the EMU
- The Economic and Monetary Union (EMU) has been significantly strengthened in response to the crisis. The balance between the degree to which Member States share risks and have a say in each other's policies threatens to become skewed, however. That balance can be re-stored by simplifying and tailoring budgetary and other rules, adopting clear procedures for the resolution of unsustainable government debts and completing the banking union. These are the main conclusions of DNB's Occasional Study "Capi-talising on the euro".
- More about DNBulletin: DNBulletin: Relatively small measures...
-
- DNBulletin: Alternative definition accentuates international decline in the labour income share
- For many countries, including the Netherlands, the internationally accepted method for measuring the labour income share (LIS) leads to unrealistic results. This is why Statistics Netherlands has adopted a new method. The use of this method in countries for which the standard method is unsuitable will on average exacerbate the trend decline in the LIS.
- More about DNBulletin: DNBulletin: Alternative definition ac...
-
- DNBulletin: Unemployment rate overestimates labour market tightness
- In the years following the outbreak of the credit crisis, the Dutch unemployment rate did not fully reflect actual labour market slack. There was more slack in the labour market than the unemployment rate suggested. As a result, wage growth remained moderate despite falling unemployment. Wage developments since the crisis may be better explained using an alternative indicator for labour market slack.
- More about DNBulletin: DNBulletin: Unemployment rate overest...
-
- DNBulletin: Limited interest from euro area investors for European contingent convertible bonds (CoCos)
-
The market for CoCos in the European Union is a young, expanding market. CoCos are hybrid bonds that are designed to absorb losses if a bank's capital falls below a predefined limit. DNB research shows that most investors in European bank CoCos are from outside the euro area.
- More about DNBulletin: DNBulletin: Limited interest from eur...
-
- DNBulletin: In times of crisis, savers are less sensitive to differences in savings rates
- When savers move their deposits to another bank, differences in interest rates usually play a decisive role: they transfer their savings to the banks offering the best rates. In times of crisis, however, differences in interest rates no longer seem to be a decisive factor: while savings mobility increases, the deposits are transferred to the banks perceived as safe. This emerged from DNB research.
- More about DNBulletin: DNBulletin: In times of crisis, saver...
-
- DNBulletin: Pension funds base their recovery plans on high investment returns
- Pension funds expect to remedy their funding deficits by means of high projected returns on investments. This emerged from DNB's assessment of the recovery plans of 181 pension funds with a deficit. If these returns are lower than expected, however, as was the case in 2015 and 2016, 56 funds may have to curtail their pension benefits in 2020 and 2021.
- More about DNBulletin: DNBulletin: Pensioenfondsen gaan in h...