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Head of IMF says risks in non-bank lending keep her awake at night

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Kristalina Georgieva urges vigilance over ‘very significant shift of financing’ after collapse of Tricolor and First Brands

The head of the International Monetary Fund has admitted that worrying about the risks building up in non-bank lending markets keeps her awake at night.

Kristalina Georgieva on Thursday urged countries to pay more attention to the private credit market, after the failure of sub-prime auto lender Tricolor and the car parts supplier First Brands.

Continue reading…Kristalina Georgieva urges vigilance over ‘very significant shift of financing’ after collapse of Tricolor and First BrandsThe head of the International Monetary Fund has admitted that worrying about the risks building up in non-bank lending markets keeps her awake at night.Kristalina Georgieva on Thursday urged countries to pay more attention to the private credit market, after the failure of sub-prime auto lender Tricolor and the car parts supplier First Brands. Continue reading…