U.S. Banks’ Direct Exposure to Private Credit Growing; Poses Limited Risks for Now
Join Fitch for the upcoming webinar: Private Credit: Growing Interconnectedness and New Product Risks
Recent regulatory data offers new insights into U.S. banks’ direct exposure to the private credit sector. As of Dec. 31, 2024, U.S. banks with the largest balances of loans to nonbanking financial institutions (NBFIs) reported $158 billion in loans to private credit and $104 billion in unused commitments.