Socially relevant figures of the financial sector at a glance
Algemeen
Key figures
55,700
full-time employees in the financial sector
2.6%
staff costs relating to training
81.7%
foreign-owned banks
5.0%
return on equity
83.2%
employees holding a higher education degree
82
banks established in Belgium
4,232
bank offices in Belgium
1.6%
market risk vs. risk-weighted assets
Block-kerntaken
Core Tasks
A bank's core task is to transform deposits into credit for the funding of the needs of households, public authorities and companies.
Every 100 EUR people give to the bank as a deposit is injected again into the economy.
Over 80% of savings is used for credit granting to households, companies and public authorities.
'Every 100 EUR' means: every 100 EUR of funds available.
Block-krediet
Credit granting
Households, companies and public authorities can take out a bank loan to fund their needs.
However, they can also turn to alternative forms of financing such as bond loans, leasing and crowdfunding.
Block-betalingen
Payments
Block-sparen
Savings and investments
Block-hervormen
Reforms
There are 82 banks in Belgium. Since 2008, they have undergone profound changes:
62.9%
Own funds, consolidated figures up to Q4/2020
20.4%
Total assets, consolidated figures up to Q4/2020
In addition to the traditional tax burden which is imposed on companies, the banking sector makes more specific contributions to public finances as well:
€1421.2 million
Source: BEAMA, BLA, ECB, Febelfin, NBB