In this semi-annual publication, De Nederlandsche Bank outlines developments that could potentially affect financial stability in the Netherlands. We discuss the fact that vulnerabilities in the Dutch financial sector have increased again in the past six months due to high inflation, rising interest rates and the worsened economic outlook. Likewise, there is uncertainty about the further course of the war in Ukraine and its economic impact. Buffers within the Dutch financial sector are robust, but the resilience of financial institutions will be tested again in the period ahead.
The Financial Stability Report is originally issued in Dutch as Overzicht Financiële Stabiliteit.