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The European Central Bank (ECB) today launched a public contest for the design of future euro banknotes – the next step in the euro banknote redesign process. Olli Rehn, Governor of the Bank of Finland, has been appointed Chair of the Audit Committee of the European Central Bank. He succeeds Klaas Knot, former President of De Nederlandsche Bank, whose term of office ended on 1 July 2025.

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• Compared with the average interest rate on overnight deposits (incl. transaction accounts), the interest paid on deposits with an agreed…
• Although the economy has grown by more than was forecast, growth is nevertheless still weak.
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Drawdowns of holiday cottage loans exceeded the level of 2024 for every month in the first half of the year. The average interest rate on new drawdowns of holiday cottage loans declined slightly from May. The average interest rate on the stock of holiday cottage loans declined steadily in the first … Before you leave our site, we want you to know your app store has its own privacy practices and level of security which may be different from ours, so please review their polices. At the end of the first quarter of 2025, households’ total consumer credit stock was EUR 28.0 billion, and its year-on-year growth rate was 0.3%.

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Bank of Finland rules for counterparties and customers – Rules update

By contrast, an easing of trade policy tensions would cause Finland’s exports and economic growth to pick up. Despite the fall in interest rates, in July 2025 households concluded new agreements on deposits with an agreed maturity almost the same as in July a year earlier. Compared with the average interest rate on overnight deposits (incl. transaction accounts), the interest paid on deposits with an agreed… At the end of June 2025, the stock of Finnish households’ deposits (EUR 114.7 billion) stood at an all-time high. At the end of June 2025, households’ holdings of quoted equities totalled EUR 52.4 billion, representing an increase of 8% year-on-year.

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Approximately half of the consumer credits (EUR 13.8 billion) was unsecured consumer credit (excl. vehicle loans). At the end of the second quarter of 2025, households’ total consumer credit stock was EUR 28.2 billion, and its year-on-year growth rate was 0.5%. Half of the consumer credit (EUR 14.1 billion) was unsecured consumer credit (excl. vehicle loans).

Although the economy has grown by more than was forecast, growth is nevertheless still weak. On the more positive side, the high inflation of recent years has been brought back under control. In India, we are present in five locations and operate as BA Continuum India Private Limited (BACI), a non-banking subsidiary of Bank of America Corporation and the operating company for India operations of Global Business Services. Global Business Services delivers Technology and Operations capabilities to Lines of Business and Staff Support Functions of Bank of America through a centrally managed, globally integrated delivery model and globally resilient operations.