266d3016f12c3b41474a4512f14fee41

BFW digitaal

Onderstaand vind je een overzicht van artikelen van het tijdschrift Bank- en Financiewezen.

Photo by Jonathan Kemper

LIFE AFTER EQUITY CROWDFUNDING: analysing the financial performance of equity crowdfunded firms in Belgium, using a matched sample

This article examines the impact of equity crowdfunding on small business performance, focusing on financial outcomes and survival rates. Using data from the Belgian platform Spreds and methods like matching techniques and generalized linear models, the study found that equity-crowdfunded (ECF) firms generally perform worse and face higher failure rates compared to non-equity crowdfunded (NECF) firms.

Photo by Precondo CA

Are institutional investors more concerned about climate change than retail investors?

This paper examines the role of institutional investors in responding to climate change concerns and whether they are more reactive than retail investors. By analyzing S&P 500 data from 2010 to 2021, the study explores the relationship between stock returns, emissions intensity, and unexpected climate concern captured through media analysis.

Photo by micheile henderson

Financial Stability Report 2024

The Belgian economy has recently shown great resilience, and fears of a recession have given way to the greater likelihood of a soft landing. The outlook for financial stability is therefore much better than it was in the second half of 2022.

Photo by Adeolu Eletu

The Financial Stability Report: some answers from the Q&A

This short piece describes the answers given during the Q&A regarding the 2024 NBB-Financial Stability Report (Brussels, 22 May 2024) . It discusses the importance of a bank’s balance sheet as well as competition and taxation in interpreting the transmission of monetary policy to lending and deposit rates. It also briefly touches upon recent academic insights regarding how ESG impacts on bank lending policies.

Photo by Jonathan Ford

Belgische verzekeringssector heeft te maken met “Protection Gap” voor dekking van natuurrampen

The Belgian insurance sector faces a "Protection Gap" in covering natural disasters, with insurers unable to bear cumulative risks alone. Thefefor the insurance sector pleads for an urgent collaboration between insurers and regional, federal, and European governments to maintain adequate compensation for citizens.

Photo by Alexander Grey

Goals-based wealth management: two implementation issues

Financial literacy in Europe remains low, influencing individuals’ investment decisions and financial behaviour. To bridge the communication gap between financial advisers and their clients, research has shifted towards a goals-based wealth management approach.

Photo by Jakub Żerdzicki

L’élaboration des profils d’investisseurs pourrait-elle permettre d’anticiper les biais comportementaux ?

In recent decades, two key concepts in finance have emerged: behavioural finance and the creation of investor profiles. As these two concepts are linked to investor psychology, we wanted to confirm that there was a link between the two.

Photo by Markus Winkler

The European Artificial Intelligence Regulation (or AI) Act

The long-awaited EU AI Regulation is now final (published in June 2024). What a challenge for the EU ! Finding the right balance between fostering technological innovation and safeguarding the fundamental rights, safety, and health of human beings, is a delicate exercise.

Photo by Markus Spiske

Responsible AI in Finance

Artificial Intelligence (AI) plays a significant role in daily life. For example, in the financial sector, it can be used for fraud detection, loan approvals, and personalized customer service. However, using AI also introduces (or exacerbates) various risks.

Photo by Ambitious Studio* | Rick Barrett

Artificiële intelligentie helpt financiële misdaad indijken

Financial institutions face increasing scrutiny from regulators and must also contend with sophisticated cybercriminals. AI plays a critical role in combating financial crime, especially money laundering, which threatens financial stability and societal safety.

Photo by Sasun Bughdaryan

FSMA publiceert onderzoeksrapport over kosten tweede en derde pensioenpijler en lanceert tool voor pensioenproducten

The Financial Services and Markets Authority (FSMA) launched an online tool that provides an overview of the costs of pension products. The tool was developed following a study carried out by the FSMA at the request of the Belgian government in which it looked at the costs charged by financial institutions for their pension products.

Photo by Behnam Norouzi

The 5 main trends of The New World Economy point to structurally higher inflation and rates

We are on the cusp of a different world, leaving behind 40 years of ever-declining interest rates and inflation. Five defining waves will sweep through the global economy.

Wil jij BFW digitaal gratis ontvangen?