Asia’s bank risk managers brace for tariff stress

Banks keep a close eye on clients, and dust off risk transfer toolkit

Bank risk managers in Asia say borrowers are not yet creaking under the pressure of heavier US tariffs – but they expect strains to appear over the coming months, and are already beginning to prepare.

“I think there will be a slowdown in demand, and there could be shocks or – as supply chains adjust – there could be events that lead to an increase in non-performing loans. But I think it’s a slow