Financial stability 2004

Chart

1. GDP and employment in Denmark, Germany and the Euro area, 1991-2003
2. Private consumption and consumer confidence, 1990-2004
3. Solvency and core capital ratios for Nordic groups, category A, and Danish banking institutions in categories B and C, 1998-2003
4. Percentage change in number of branches, the Danish Financial Supervisory Authority's categories 1, 2 and 3, 2000-02
5. Corporate lending by Nordic groups, category A, and Danish banking institutions in categories B and C, 2001-04
6. Growth in lending and losses and provisions as a ratio of loans and guarantees, all banking institutions in Denmark, 1980-2003
7. Losses and provisions as a ratio of loans and guarantees for Nordic groups, category A, and Danish banking institutions in categories B and C, 1998-2003
8. Net fee and commission income as a ratio of total net interest, fee and commission income, categories A, B, and C, 1998-2003
9. Number of Nordic groups with a deficit on an increase in losses on loans and guarantees, 2002 and 2003
10. Number of Nordic  groups with a solvency ratio below 8 on an increase in losses on loans and guarantees, 2002 and 2003
11. Number of banking institutions in categories B and C with a deficit on an increase in losses on loans and guarantees, 2002 and 2003
12. Number of banking institutions in categories B and C with a solvency ratio below 8 on an increase in losses on loans and guarantees, 2002 and 2003
13. Growth in lending by banking institutions and mortgage-credit institutes, 1988-2003
14. Development in the pension companies' investment asset structure, 1998-2003
15. Collective bonus potential and excess capital base of the individual pension companies after a "red" scenario, 2003
16. Incidence of compulsory liquidation in the corporate sector, 1995-2004
17. Return on assets for the 10 per cent least profitable companies in various sectors, 1995-2003
18. Solvency of the 10 per cent least solvent companies in various sectors, 1995-2003
19. Estimated failure rates of the 10 per cent weakest companies, 1995-2003
20. Dispersion of estimated failure rates, 1995-2003
21. Estimated failure rate, return on assets and solvency for companies subject to failure in the period prior to failure, median
22. Banking institutions' and mortgage-credit institutes' corporate lending by sector, end-2003
23. Sector breakdown of the banking institutions' loss ratio, 2000-03
24. Effect of an increase in interest expenditure in the 10 per cent of companies with the highest interest expenditure as a ratio of total assets, 2003
25. Indebtedness of full-time farms, 1990-2002
26. Registrations of late payments from credit providers and all creditors, 2002-04, index
27. The households' debt burden in the Nordic countries, 1995-2003
28. The households' interest burden in the Nordic countries, 1995-2003
29. Housing wealth as a ratio of the households' disposable income, end-2002
30. The households' debt to credit institutions as a ratio of housing wealth and disposable income, 2002-03
31. Dispersion of annual changes in macroeconomic variables, 1990-2003
32. Stock indices in the USA, the Euro area and Denmark, and implied volatility in the USA, 2000-04
33. 10-year yields in the USA, Germany and Denmark, and implied volatility in the Euro area, 2000-04
34. Credit spreads for government and corporate bonds with low ratings, 2001-04
35. Trading volume on the Nordic stock exchanges, index, 2001-04
36. Stock-price development for Nordic groups, category A, and Danish banking institutions category B, 2000-04
37. Historical volatility of US stock and bond returns, 1995-2004
38. Estimates of foreign banks' shares of the banking sector in selected countries, 2001-02
39. Systemic effects on the 10 days with the highest turnover
40. Sensitivity to buffer size
41. Credit spreads for the Nordic groups, 2002-04
42. Development in share prices for Danish banking institutions, 2000-04
43. Average share-price gap for the Nordic groups, 1990-2004
44. Distance to default for the Nordic groups, 1999-2003
45. Buffers for the Nordic groups used in the risk measures distance to default and distance to insolvency as a ratio of assets, 2003
46. Distance to insolvency for the Nordic groups, 1999-2003
47. Buffers for Nordic groups, 1999-2003
48. Volatility in share prices for the Nordic groups, 1999-2003
    
    

Tables

Table

1. Official forecasts for the Danish economy, 2004 and 2005
2. Overview of the categories applied
3. Number of banks with a negative result before tax, 2002-03
4. Calculated effects of the "red" risk scenario, 2003
5. Frequency of extreme returns, 1995-2004
   
   

Boxes

Box

1. Profits for Nordic groups, category A, and Danish banking institutions in categories B and C, 2002-03
2. Nykredit's aquisition of Totalkredit
3. New accounting rules for financial companies
4. Companies' estimated failure rates broken down by banks
5. Structure of fee and commission income in the Nordic groups, category A
6. The smallest banking institutions, the Danish Financial Supervisory Authority's category 4
7. Data and method for sensitivity and stress tests
8. Structural development
9. Insurance technical terms used
10. The pension companies' use of interest-rate derivatives
11. Failure-rate model
12. Characteristics of home financing in the Nordic countries
13. Examples of cross-border groups in the Nordic countries and the EU
14. Evolution of the framework for financial integration in the EU
15. The European Company
16. Branch structures and deposit guarantee schemes
17. Data for simulations
18. Treatment of branches of foreign institutions in the analysis
19. Results from other countries
20. Other central banks' use of market-based indicators
21. Share-based risk measures