Belgian central bank issues loans warning to banks

- Central Banking staff
- 20 Feb 2001

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The National Bank of Belgium used its annual report on Feb 20, 2001 to fire a warning shot to commercial banks about lending to high tech firms. The central bank, which is pitching to take on a greater role in banking supervision in Belgium, said banks had so far maintained prudent lending policies and made clear it wanted things to stay that way.

The central bank said commercial bank profits "increased appreciably" in 2000 thanks to non-recurrent factors such as capital gains on financial

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