| Euro area economic and financial developments by institutional sector: second quarter of 2024
October 29, 2024--As of October 2024, ECB quarterly financial accounts provide more details on loans by counterpart sector granted by other financial institutions (OFIs) and information on debt securities issuance of non-financial corporations (NFCs) via financing conduits. OFIs are creditors of 23% of loans granted to NFCs by financial sector
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| Euro area net saving increased to €795 billion in four quarters to second quarter of 2024, compared with €787 billion one quarter earlier
Household debt-to-income ratio decreased to 83.4% in second quarter of 2024 from 87.8% one year earlier NFCs' debt-to-GDP ratio (consolidated measure) decreased to 69.3% in second quarter of 2024 from 71.8% one year earlier New details on other financial institutions and the financing of other sectors As of October 2024, the quarterly sector accounts published by the ECB provide more detailed financial accounts data on OFIs, which constitute the second largest financial sector in the euro area after monetary financial institutions (MFIs). OFIs mainly provide financing to NFCs and to a lesser extent to households and other sectors. They also channel funds to and from the rest of the world. |
| Columbia Threadneedle Investments expanding US active ETF range to Europe
May 19, 2025--A 'natural expansion' for the firm |