Non-bank risks, financial stability and the role of private credit – speech by Lee Foulger

Given at Deal Catalyst/AFME direct Lending and Middle Market Finance Conference
Published on 29 January 2024
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.