ECB identifies private credit as financial stability risk
ECB Vice President Luis de Guindos says private credit poses a risk to financial stability. The bank will release its full stability review in late May.
Xurve View
Xurve View
The European Central Bank has identified private credit as a significant source of risk to financial stability, according to Vice-President Luis de Guindos. In remarks delivered on Wednesday, de Guindos highlighted that the expansion of private lending, coupled with high market valuations and loose fiscal policies in several nations, presents a notable challenge to the current economic environment.
