Financial Market Report Autumn 2003

Banking sector operating profit improved in January – September period, despite drop in net income from financial operations

Insurance companies' performance and solvency improving

Turnaround in securities market decline, can the upward trend last?

Bond issues show robust growth in Europe and the United States, more cautious growth in Finland

Payment systems as well as securities clearing and settlement systems subject to forceful restructuring

Clear national characteristics to the various direct debit approaches used in the European Union, making the linking of the various approaches more complicated