Banking in Belgium
Encyclopedia
Banking in Belgium
has, as of 11 October 2008, an average leverage ratio (assets/networth) of 33 to 1, while the banks's short-term liabilities are equal to 285% of the Belgian GDP or 367% of its national debt.
Belgium
Belgium , officially the Kingdom of Belgium, is a federal state in Western Europe. It is a founding member of the European Union and hosts the EU's headquarters, and those of several other major international organisations such as NATO.Belgium is also a member of, or affiliated to, many...
has, as of 11 October 2008, an average leverage ratio (assets/networth) of 33 to 1, while the banks's short-term liabilities are equal to 285% of the Belgian GDP or 367% of its national debt.