Non-banks continue rise as banks lose market share
Non-banks continued to grow as a share of the global financial system in 2017, even as banks lost market share, according to the Financial Stability Board’s latest monitoring report.
The total “monitoring universe” of non-banks that offer financial intermediation grew 7% in 2017, hitting a value of $184.3 trillion, or 48.2% of total global financial assets. Non-banks have expanded their share of the global system for six consecutive years, hitting a record high, according to the FSB figures.
M
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@centralbanking.com