Follow up: BIS on emerging economies

In General
Overall, the BIS found substantial improvements in the risk management in emerging markets, though countries must become more vigilant to identify new types of risk and mitigate the existing risk in their country.

Credit Risk:
Increased lending to consumers through the household sector has altered risk exposures, and banks know less about household borrowers than they know about their corporate borrowers. In many cases, consumer lending is the largest risk exposure. Related asset price

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