Non-banks generally seen as lesser threat than banks
Central banks much more likely to want new tools to tackle risks in the banking sector
The non-bank sector is generally seen as a lesser threat to systemic stability than the banking sector, data from the Financial Stability Benchmarks 2024 shows.
Of 29 respondents, 20.7% (six central banks) say non-banks pose a greater threat in their jurisdiction than banks. The remainder, nearly 80% of respondents, see banks as the bigger threat.
Central bankers’ comments make clear that they do not necessarily see the non-bank sector as low risk, but it typically accounts for a small portion of
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