Committee on the Global Financial System and Private credit: Difference between pages

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(CGFS).
''Debt - non-bank lending - private markets.''


The Committee on the Global Financial System monitors developments in global financial markets for central bank Governors. It is one of the organisations hosted by the [[Bank for International Settlements]]  (BIS) in Basel.
Private credit is a loan to a business that is originated by a lender other than a bank or other traditional financial institution, and is not tradable in a public market.


Its seeks to identify and assess potential sources of stress in global financial markets, further understanding of the structure of financial markets and promote improvements to their functioning and stability. The CGFS also oversees the collection of the BIS international banking and financial statistics.
Private credit is also sometimes known as ''direct lending'', ''alternative lending'', ''non-bank lending'' or ''private debt''.


Set up as the Euro-currency Standing Committee in 1971 with a mandate to monitor international banking markets its focus was the monetary policy implications of growing off-shore deposit and lending markets. Reflecting the turning of attention to financial stability and structural changes in the financial system more broadly, [[G10]] Governors renamed the Committee and revised its mandate in 1999.
 
Borrowers are typically small and medium sized enterprises, or smaller listed companies.
 
Lenders are typically regulated asset managers.
 
 
Purposes of private credit borrowings are wide ranging, including - among other purposes - asset backed finance and trade finance.
 
 
== See also ==
* [[Alternative Credit Council]]  (ACC)
* [[Asset backed finance]]
* [[Asset manager]]
* [[Credit institution]]
* [[Credit risk]]
* [[Creditworthiness]]
* [[Debt]]
* [[Facility]]
* [[Finance ]]
* [[Listed company]]
* [[Loan]]
* [[Packing credit]]
* [[Private bond]]
* [[Private equity]]
* [[Regulation]]
* [[Small and Medium-sized Enterprises]]  (SMEs}
* [[Trade credit]]
* [[Trade finance]]
 
 
==Other resource==
*[https://acc.aima.org/about-acc/about-private-credit.html Alternative Credit Council (ACC) - Private credit explained]
*[https://acc.aima.org/research/borrower-s-guide-to-private-credit.html Borrower's guide to private credit - UK edition - Alternative Credit Council]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:Risk_frameworks]]

Revision as of 04:03, 6 February 2024

Debt - non-bank lending - private markets.

Private credit is a loan to a business that is originated by a lender other than a bank or other traditional financial institution, and is not tradable in a public market.

Private credit is also sometimes known as direct lending, alternative lending, non-bank lending or private debt.


Borrowers are typically small and medium sized enterprises, or smaller listed companies.

Lenders are typically regulated asset managers.


Purposes of private credit borrowings are wide ranging, including - among other purposes - asset backed finance and trade finance.


See also


Other resource