Bank of Finland lowers the threshold on credit claims for domestic usage
Update 1 April 2020
Bank of Finland rules for counterparties and customers: Bank of Finland lowers the threshold on credit claims for domestic usage
The Bank of Finland has decided to lower the applied minimum size threshold on credit claims for domestic usage to 25 000 euros. Credit claims must meet this threshold at the time of their submission as collateral. This change will take effect immediately.
For further information, please contact Head of Division Marjaana Hohti, tel. +358 9 183 2265 and Senior Financial Economist Katri Järvinen, tel. +358 9 183 2215.
About Suomen Pankki
The Bank of Finland is the national monetary authority and central bank of Finland. At the same time, it is also a part of the Eurosystem, which is responsible for monetary policy and other central bank tasks in the euro area and administers use of the world’s second largest currency – the euro.
Subscribe to releases from Suomen Pankki
Subscribe to all the latest releases from Suomen Pankki by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Suomen Pankki
Account of the monetary policy meeting, 28-29 October 202026.11.2020 16:00:00 EET | Uutinen
Account of the monetary policy meeting of the Governing Council of the European Central Bank held in Frankfurt am Main on Wednesday and Thursday, 28-29 October 2020 1. Review of financial, economic and monetary developments and policy options Financial market developments Ms Schnabel reviewed the financial market developments since the Governing Council’s previous monetary policy meeting on 9-10 September 2020. Financial markets had been driven by two opposing forces. On one side, reduced risks of a contested presidential election in the United States and expectations of a large fiscal stimulus programme under a potential Biden presidency had boosted risk sentiment and revived the reflation trade. On the other side, renewed lockdown measures in different countries on the back of a surge in new coronavirus (COVID-19) cases, especially in the euro area, were increasingly reflected in asset price valuations. Unlike in spring, however, so far there had been no widespread flight into safe-h
Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates)20.11.2020 16:00:00 EET | Uutinen
Decisions taken by the Governing Council of the ECB (in addition to decisions setting interest rates), November 2020 Read more
ECB-rådets beslut (utöver räntebeslut)20.11.2020 16:00:00 EET | Uutinen
ECB-rådets beslut (utöver räntebeslut), november 2020 Läs mer
EKP:n neuvoston päätökset (muut kuin korkopäätökset)20.11.2020 16:00:00 EET | Uutinen
EKP:n neuvoston päätökset (muut kuin korkopäätökset), marraskuu 2020 Lue lisää
Bank of Finland hosts monetary policy webinar “New Challenges to Monetary Policy Strategies”17.11.2020 10:00:00 EET | Uutinen
Bank of Finland hosts monetary policy webinar “New Challenges to Monetary Policy Strategies” on Tuesday, 24 November 2020. The invited speakers will be James B. Bullard, President of the Federal Reserve Bank of St. Louis, Isabel Schnabel, Member of the Executive Board, European Central Bank and Eric Leeper, Professor at University of Virginia. Follow live as leading experts discuss for example how persistently low inflation and interest rate environment affect the European Central Bank’s as well as the Federal Reserve’s monetary policy strategies and what kind of impact the Covid-19 pandemic has to the economy at large and the ECB’s and Fed’s monetary policy. The webinar will start at 14.00 CET with introductory remarks by the Bank of Finland Governor Olli Rehn. Please see the event's web page for the whole program. #MonetaryPolicyChallenges
ECB announces independent review of payments system outage16.11.2020 16:25:00 EET | Uutinen
ECB press release 16 November 2020 Independent review to be launched on payments infrastructure TARGET2 incident on 23 October 2020 caused outage lasting almost 10 hours Findings of the review to be published by the second quarter of 2021 The European Central Bank (ECB) will launch an independent review of an incident that affected its real-time gross settlement system TARGET2 on 23 October 2020, causing an outage for almost 10 hours. An initial investigation determined that a software defect in a network device was the specific technical cause of the incident. The independent review will also take into account other incidents that affected TARGET Services during 2020, including those affecting directly and indirectly TARGET2 Securities (T2S), the securities settlement platform operated by the Eurosystem. The independent review will allow the Eurosystem to draw lessons from the incidents and address them. It will look into the robustness of the business continuity model, the adequacy o
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.Visit our pressroom