Together with the other central banks in the eurosystem, the Nederlandsche Bank provided a liquidity injection of almost 70 billion euro, which proved to be sufficient to help the money market clear. The close cooperation and direct information exchange between the Bank’s various departments has truly facilitated the crisis management process.
In this context, it should be stressed that the concerns that were at stake forced us to act quickly in a demanding environment characterised by uncertainty and risks of information shortages. It goes without saying that changes in the financial landscape have strengthened the international dimension of financial stability.