|
Annual Report 1999*
CONTENTS
- I. THE ROLE OF A CENTRAL BANK IN THE SOCIETY
- What Is the Independence of the Central Bank and Why Is it Necessary?
- International Experience in Central Bank's Independence
- The Strategic Development Plan of Eesti Pank
- II. DEVELOPMENT TRENDS IN WORLD ECONOMY
- America
- Asia
- European Union
- Northern Europe
- Transition Economies in Central and Eastern Europe
- Russia
- Latvia and Lithuania
- Financial Markets of Developed Countries in 1999
- World Economic Outlooks in the Year 2000
- III. SURVEY OF THE ESTONIAN ECONOMY AND FINANCIAL INTERMEDIATION
- REAL SECTOR
- The Impact of the External and Monetary Environment
- Government Sector
- Inflation
- FINANCIAL INTERMEDIATION
- Credit Institutions
- Banking Sector in 1999
- Operating Credit Institutions and their Owners
- Consolidated Balance Sheet and Prudential Ratios
- Major Changes in the Banking Landscape
- Other Financial Intermediaries
- Bond Market
- Insurance
- Leasing
- Investment Funds
- IV. CONSISTENT MONETARY POLICY
- Estonia's Monetary Policy Framework
- Most Significant Monetary Policy Decisions of 1999
- Interest Payment for Reserve Requirement
- Monetary Policy Aspects in Eesti Pank's Profit Distribution Strategy
- Monetary Policy Aspects in European Integration
- FINANCIAL COMMITTEE
- V. RESEARCH UNDERLYING DECISION-MAKING
- Research Focus in Central Bank
- Research Department
- Research Completed in 1999
- VI. INTERNATIONAL COOPERATION
- Eesti Pank and European Union
- Accession Negotiations
- Action Plans and Reports in Accession Process
- Relations with European Central Bank
- Economic Policy Cooperation between Estonia and International Monetary Fund
- Estonia's Participation in New International Initiatives of IMF
- Cooperation in Technical Assistance between Eesti Pank and IMF
- Cooperation in Nordic-Baltic Constituency
- Cooperation with Other International Organisations
- Cooperation with Other National Central Banks
- Eesti Pank and Country Rating
- VII. OPENNESS AND TRANSPARENCY
- Good Practices Ensure Comparability
- Comparable with Europe
- Eesti Pank Is Maximum Open in its Decisions
- Qualitative Changes in Eesti Pank's Publications
- Applying New Technology
- VIII. BANKING SUPERVISION UNDER NEW LAW
- New Credit Institutions Act and Arising Regulations
- BANKING SUPERVISION COMMITTEE
- Functions and Rights of the Banking Supervision Department under the New Act
- Structure of Banking Supervision Department
- Consolidated Supervision
- Cooperation with Other Supervisory Bodies
- Unified Financial Supervision
- IX. PAYMENT AND SETTLEMENT SYSTEM PERFORMANCE
- Systemic Development in 1999
- PAYMENT COMMITTEE
- Settling of Payments through Eesti Pank
- Payment Instruments
- Cash Demand
- Issue of Banknotes and Coins and Their Structure
- Cash Movement
- Introduction of New Banknotes, Cash Examination
- Commemorative Coins, Other Numismatic Items
- X. STATISTICAL ACTIVITY
- Intra-bank Activity
- Closer International Cooperation
- XI. FOREIGN CURRENCY RESERVE MANAGEMENT
- Foreign Currency Reserves: Their Role and Structure
- Investment Process
- Reserve Management in 1999
- XII. LEGISLATIVE DRAFTING
- Preparations to Amend Central Bank Act
- Towards Improved Cooperation in Legislative Drafting
- XIII. DEVELOPING ORGANISATION
- Executive Management and Areas of Responsibility
- Reorganisation of Organisational Chart
- Strategic Planning
- DEVELOPMENT COMMITTEE
- Bank Employees
- Personnel Policy
- Training
- Hobbies and Traditions
- Open to Children and Other Interested Parties
- XIV. BOARD OF EESTI PANK
- XV. YEAR 2000 PROBLEM: SUCCESSFUL SOLUTION
- Organisation of Preparations for Year 2000 in Eesti Pank
- The Role of the Central Bank in Securing the Y2K Compliance of the Banking System
- Securing Smooth Operation of Payment and Settlement Systems
- Meeting Cash Demand
- Before and After the Change-over Period
- In Conclusion
- FINANCIAL STATEMENTS FOR 1999 OF EESTI PANK
- Auditors' Report
- APPENDICES
- Chronicle - 1999
- The Strategic Development Plan of Eesti Pank
- Brief Overview of Research Year 1999 in Eesti Pank
- Statistics
* To read PDF file(s), you need Adobe® Acrobat® Reader freeware, it may be downloaded from Adobe homepage.
|
|