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  • NEWS Desk Global

BANK OF ENGLAND SAYS PRIVATE CREDIT RISKS COULD DENT INVESTOR APPETITE




Time lags in re-valuing assets to reflect higher interest rates and other risks in private credit could dent broader investor appetite and undermine Britain's financial stability, a Bank of England official said on Monday. The BoE is developing policies to increase transparency of the non-bank finance - also dubbed shadow banking - that covers investment funds, insurers and other firms that provide credit. The sprawling sector accounts for nearly half the world's financial sector.

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