Private credit’s growth a lurking risk: Fitch

Sector could amplify and spread economic shocks. While Fitch Ratings doesn’t currently view the private credit sector as a systemic risk, it warns an episode of economic stress could expose it as an increasingly important channel for transmitting risk across...

Saudi Arabia’s FDI net inflows rise 14.5% in Q2

Saudi Arabia’s foreign direct investment net inflows climbed 14.5 percent year on year to SR22.8 billion ($6.1 billion) in the second quarter, signaling a steady appetite for the Kingdom’s reform-driven economy.   The figure, released by the General Authority for...

Innovation takes hold in export finance

Export finance is being reshaped, with untied solutions, critical mineral initiatives and blended structures moving to the fore. Bank of America’s Pat Gang, head of export and agency finance, shares how the bank is helping shape this transformation and...