December 4, 2023 (NO COMMENTS)

Chinese banks capture far larger share of systemic risk than in 2013
The latest assessment of global systemically important banks (G-Sibs) testifies to Chinese lenders’ growing preponderance in the annual benchmarking of too-big-to-fail lenders, exemplified by their systemic risk score all but doubling in almost a decade. Chinese banks that participated in this year’s Financial Stability Board appraisal scored 2,002 basis points in aggregate and 119bp on average – up 108% and 46% in 2014, when the FSB first disclosed the indicator values informing the score.