According to reports, Fitch, an authoritative rating agency, released a report on Monday saying that the US banking industry is rapidly expanding the scale of loans to non-deposit financial institutions. If the economic situation worsens, it will increase downside risks. The concentration of such loans in some small banks is particularly high. According to data from the Federal Reserve's H.8 report, as of the end of November, the balance of loans invested in non-deposit financial institutions has increased by more than 362 billion US dollars since this year. This increase already exceeds the increase of all other types of loans combined. According to Fitch, the systemic risk caused by direct bank exposure is still limited, but under broader economic pressure, this exposure may become an important channel for risk transmission in various fields of the financial system.

According to reports, Fitch, an authoritative rating agency, released a report on Monday saying that the US banking industry is rapidly expanding the scale of loans to non-deposit financial institutions. If the economic situation worsens, it will increase downside risks. The concentration of such loans in some small banks is particularly high. According to data from the Federal Reserve's H.8 report, as of the end of November, the balance of loans invested in non-deposit financial institutions has increased by more than 362 billion US dollars since this year. This increase already exceeds the increase of all other types of loans combined. According to Fitch, the systemic risk caused by direct bank exposure is still limited, but under broader economic pressure, this exposure may become an important channel for risk transmission in various fields of the financial system.