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How does the
financial sector
support the
economy and
society?
The financial sector supports the eco-
nomy and society. It does that mainly
by lending to families, companies and
governmental bodies.
Without this funding, economic growth
in Belgium would be lower.
Due to the fact that the volume of the finan-
cial sector has decreased and specific activities
have been phased-out, the sector will especial-
ly have to generate added value in the future
via the conversion of deposits into loans and
via the supply of payment systems. As a result,
the added value of the sector will most prob-
ably decrease.
The non-financial sectors have seen their
added value in the economy decrease after
the financial crisis. In the financial sector this
downward movement is not so noticeable.
After a slight decrease in 2008 and 2009, the
added value has started to go up again.
Theoretically, the concept “added value” in the
industrial sector denotes the difference be-
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Lending
lending