NBFIs Systemic Risk in 2025: Risks to Global Financial Stability
NBFIs Systemic Risk in 2025: Impact on Global Financial Stability Non-bank financial institutions (NBFIs) play a growing role in credit markets. In 2025, NBFIs systemic risk has become a central concern because they operate outside traditional banking safety nets. Unlike banks, NBFIs do not have direct access to central bank liquidity, which makes them more … Read more