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Under fire: Finnish markka

Article Abstract:

Currency speculation brought the possibility of a devaluation of Finnish currency and threatened to drain foreign-exchange reserves. The event highlighted the economic woes of Finland and the vulnerability of smaller central banks outside of the European monetary system.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
Finland, Economic development, Markka (Finland)

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Shakier than they should be: Japan's trust banks

Article Abstract:

Trust banks are becoming strained by bad loans made to property, construction and other areas which accounted for 26% of loans in 1992. Although trust assets do not appear on a bank balance sheet, widespread lending has become a threat.

Publisher: Economist Newspaper Ltd.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1993
Japan, Bank loans

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Subjects list: Banking industry, Economic aspects
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