.jpg)
Over recent years, private credit has become an important source of funding for some corporates. Lee Foulger sets out the FPC’s approach to assessing financial stability risks in the non bank sector. He uses this to explore how the higher interest rate environment may impact private credit markets.
Speech
Good morning. My name is Lee Foulger and I am the Director of Financial Stability, Strategy and Risk at the Bank of England. I’m grateful to AFME and DealCatalyst for the invitation to speak to you today.
I would like to use my time to set out our approach to financial stability, and where non-banks and in particular private credit markets fit within it.
Click here for full details.
