SocGen and Deutsche Bank claim that their private lending exposure is safe and do not believe it will pose a systemic risk.
Against the backdrop of increasing concerns in the industry about credit review standards and the impact of artificial intelligence on some borrowers, executives from Societe Generale and Deutsche Bank said that the risk exposure quality in the private credit sector of their respective banks remains high. Societe Generale CEO Slawomir Krupa stated that the repricing of the bank's collateral is "not significant" and that the proportion of problematic loans involving thousands of entities is also small. Deutsche Bank CEO Christian Sewing said that this German bank has not incurred any losses on its exposure to private credit.
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