Skip to main content
Fig. 12 | Applied Network Science

Fig. 12

From: A multiplex financial network approach to policy evaluation: the case of euro area Quantitative Easing

Fig. 12

Bank loan and deposit holdings - breakdown by counterparty sector; 1999Q1-2017Q2. Time series of the breakdown of loans and deposits granted by the euro area Monetary Financial Instutions excluding the Eurosystem by counterparty sector, i.e., Eurosystem (ECB&NCB, in light blue), Monetary Financial Institutions excluding the Eurosystem (MFI excl. ECB&NCB, in black), Other Financial Institutions and Non-MMF Investment Funds (OFI & Non-MMF IF, in purple), Insurance Corporations and Pension Funds (IC&PF, in green), Households (HH, in red), Non-Financial Corporations (NFC, in yellow), and General Governments (GG, in blue), over the reference period 1999Q1-2017Q2. The aforementioned time series are normalized by Monetary Financial Institutions excluding the Eurosystem total financial assets. The vertical dashed line corresponds to the beginning of the first purchase programme (3rd Covered Bond Purchase Programme, CBPP3) included in the APP, started in 2014Q4, while the percentages on the right-hand side of the graph correspond to our estimate of the growth rates of bank exposures in terms of loans and deposits to the different institutional sectors of the euro area, since the initiation of QE. Data source: (European Central Bank 2017b)

Back to article page