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Fitch says shadow banking can lead to systemic risks.

BANKING AND CREDIT NEWS-May 22, 2019--Fitch says shadow banking can lead to systemic risks

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Global Banking News - 22 May 2019

(c)2005 - Electronic News Publishing - http://www.enpublishing.co.uk

Ratings agency, Fitch Ratings, has said that shadow banking can lead to systemic risks.

The firm said that although banks' credit profiles have improved since the global financial crisis, systemic risk had not been reduced. The company has presented the report under the title, 'Shadow Banking Implications for Financial Stability.'

The rating agency said that bank regulation, low interest rates, favourable economic backdrop and the growth of financial technology have led to increase in shadow banking, which is a sign of growing systemic risks.

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Publication:M2 Banking & Credit News (BCN)
Date:May 22, 2019
Words:146
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