Private Credit Enters Danger Zone — Big Bet on Consumer Loans
2024/8/13 10:40 JST (some excerpts)
Private credit companies expand their share in the consumer loan market
Unemployment rises and consumer loan risks increase in some developed countries
Private credit companies initially set their sights on corporate loan operations in the banking industry, where profits were high. And now, it is gaining market share in the consumer loan business as well. The pressing question for the strong private credit industry is whether the timing of this offensive was bad.
Private credit companies expand their share in the consumer loan market
Unemployment rises and consumer loan risks increase in some developed countries
Private credit companies initially set their sights on corporate loan operations in the banking industry, where profits were high. And now, it is gaining market share in the consumer loan business as well. The pressing question for the strong private credit industry is whether the timing of this offensive was bad.
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