Credit risks to the banking system

Publication type

Journal Article

Author

  1. -

Publication date

June 15, 2011

Abstract:

The recovery in global activity has continued but downside risks have increased, in particular from weak fiscal positions in some euro-area economies.  While UK banks' direct exposures to the most vulnerable sovereigns and their banks are limited, they are exposed to the private sectors in those economies and indirectly through their links to other banking systems.
The creditworthiness of larger companies in most advanced economies has improved, but commercial real estate remains a concern, including in Asia where signs of  overheating have emerged.  Loan forbearance may be masking underlying risks from continued high levels of indebtedness in parts of the corporate and household sectors in the United Kingdom and overseas.

Published in

Financial Stability Report

Volume and page numbers

Volume: 29 , p.17 -28

ISSN

17517044

Subjects

Link

http://www.bankofengland.co.uk/publications/fsr/2011/fsrfull1106.pdf

#520031

News

Latest findings, new research

Publications search

Search all research by subject and author

Podcasts

Researchers discuss their findings and what they mean for society

Projects

Background and context, methods and data, aims and outputs

Events

Conferences, seminars and workshops

Survey methodology

Specialist research, practice and study

Taking the long view

ISER's annual report

Themes

Key research themes and areas of interest