Banking
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital m ...
in
Belgium
Belgium, officially the Kingdom of Belgium, is a country in Northwestern Europe. Situated in a coastal lowland region known as the Low Countries, it is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeas ...
, 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.
See also
*
2008 Belgian financial crisis
*
National Bank of Belgium
References
{{belgium-stub