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Societe Generale, Deutsche Bank, and UBS state that their exposure quality in private credit is relatively high.
Gelonghui March 18 | According to Bloomberg, as concerns about credit review standards and the impact of artificial intelligence on some borrowers intensify in the industry, executives from Deutsche Bank, UBS Group, and Société Générale stated that their banks still have relatively high risk exposure quality in the private credit sector. Société Générale CEO Slawomir Krupa said that the revaluation of collateral at the bank is not significant, and the proportion of problematic loans involving thousands of entities is also very small. Deutsche Bank CEO Christian Sewing said that the bank has not experienced any losses on its private credit exposure. UBS Group CFO Todd Tuckner stated that there is currently no systemic pressure in the private credit sector, and UBS is confident in its risk exposure level in the private credit field.