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Official Record

Denmark - Financial Stability Report

The National Bank of Denmark finds it positive that most large- and medium-sized domestic banks have indicated that they will apply for government capital injections, said the central bank in its latest Financial Stability Report.

Central Bank of Russia - Annual Report 2007

The Central Bank of Russia notes the work done in 2007 to stabilise the rouble, improve and strengthen the country's banking system, and upgrade and ensure the effectiveness of the payment system in its latest Annual Report.

Riksbank sees anxious corporate sector

This survey by the Swedish Riksbank finds evidence of cautious optimism amongst the country's corporations, but notes that there is "considerable anxiety about a setback in the development of economic activity."

World Bank sees Chinese stability

The World Bank has argued that "it is not necessary and probably not appropriate to add more traditional stimulus in 2009" to the Chinese economy, which will continue to grow "respectably."

Inflation outlook leaves scope for RBA cuts

Members of the Reserve Bank of Australia's rate-setting board saw no pressing case for further monetary stimulus but concurred that the inflation outlook left scope for cuts if required, the minutes of this month's policy meeting show

Bank of Guyana - Annual Report 2008

Strong growth in the mining, engineering and construction industries boosted Guyana's economic performance in 2008, the latest Annual Report from the country's central bank reveals.

Beige Book flags improved expectations

The latest edition of the Federal Reserve's Beige Book, compiled from evidence gathered by the 12 regional Feds, notes that contacts from across the United States had said their expectations for the economy had improved.

HKMC - 2008 Annual Report

The Hong Kong Mortgage Corporation, a state entity run out of the Hong Kong Monetary Authority's Exchange Fund, performed well in 2008 despite the crisis, the corporation's latest Annual Report states.

Central Bank of Armenia - Annual Report 2007/08

One of the key priorities in 2009 for the Central Bank of Armenia is the establishment of the All-Armenian Bank, which will invest large-scale projects with focus on education, healthcare, and tourism, notes the latest Annual Report from the country's…

No to EU, yes to supervision role for BoE

The idea of a greater role for European Union regulation of United Kingdom's financial services must be resisted, said Sir Martin Jacomb, a former external director of the Bank of England, in a new report from the Centre for Policy Studies, a think tank.

The Nederlands Bank - Annual Report 2008

In the years ahead, banks will reduce their dependence on short-term funding in the wholesale markets and focus more on serving domestic customers, says Nout Wellink, the president of the Dutch central bank in its latest Annual Report.

Turkey explains another cut

The Central Bank of Turkey cut rates by 50 basis points in May as data offered no signs of recovery in economic activity of employment, the minutes for the 14 May meeting reveal.

Bank of Sierra Leone - Annual Report 2008

Sierra Leone's economy remained virtually unaffected by the international economic crisis in 2008 and continued to show robust growth, notes the country's central bank in the latest Annual Report.

Iceland explains another deep cut

Members of the Central Bank of Iceland's Monetary Policy Committee decided to cut the key policy rate by 250 basis points to 13% in light of the improved stability of the krona, the minutes for the 5 and 6 May meeting reveal.

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