Insightful Word
  • Investing
  • Stock
  • Economy
  • Politics
  • Investing
  • Stock
  • Economy
  • Politics
No Result
View All Result
Insightful Word
No Result
View All Result
Home Economy

Chile’s central bank: Tighter external financing could impact households, businesses

admin by admin
November 20, 2024
in Economy
0
Chile’s central bank: Tighter external financing could impact households, businesses
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter

SANTIAGO (Reuters) – Tighter external financing conditions could impact Chile’s households, businesses and mortgages, increasing default risks they might face, the central bank said on Wednesday.

In its Financial Stability Report for the second half of the year, the bank said households’ financial position continues to improve but remains below pre-pandemic levels.

It said the local banking system had enough guarantees and capital to withstand severe shocks. Despite that, the bank said the main risk to domestic financial stability was posed by external factors.

“Elevated levels of public and private debt in the world, along with high deficits, are the main worry,” the report said, noting this had led to high long-term interest rates.

It added that rising geopolitical tensions over the past few months could have a negative impact on stability. Those most impacted would be groups the bank considers “most vulnerable”.

On Tuesday the bank’s board voted unanimously to keep capital requirements for risk assets at the current level of 0.5%, a measure activated in May 2023 that obliges banks to set aside a cushion to absorb potential losses.

This post appeared first on investing.com

Previous Post

Sony considers acquiring Kadokawa: what’s driving the talks?

Next Post

Argentina investors bet on Milei’s popularity a year after his election

admin

admin

Next Post
Argentina investors bet on Milei’s popularity a year after his election

Argentina investors bet on Milei’s popularity a year after his election

Trending News

Bitwise seeks approval for ETF tracking companies holding over 1,000 BTC

Bitwise seeks approval for ETF tracking companies holding over 1,000 BTC

December 27, 2024
Is OpenAI’s next best thing about to automate your digital life? The ‘Operator’ is coming

Is OpenAI’s next best thing about to automate your digital life? The ‘Operator’ is coming

November 14, 2024
ECB cuts rates as expected, says well on track to tame inflation

ECB cuts rates as expected, says well on track to tame inflation

October 17, 2024
Subscribe to Insightful Word


    Recent News

    Dow futures soar 250 points today: 5 things to know before Wall Street opens

    Dow futures soar 250 points today: 5 things to know before Wall Street opens

    August 7, 2025
    Affirm stock price is rising: is it a buy before earnings?

    Affirm stock price is rising: is it a buy before earnings?

    August 7, 2025
    Intel stock plunges sharply after Trump calls on CEO to resign: here’s why rebound may take time

    Intel stock plunges sharply after Trump calls on CEO to resign: here’s why rebound may take time

    August 7, 2025
    Goldman Sachs boosts Nvidia price target to $200 ahead of Q2 earnings

    Goldman Sachs boosts Nvidia price target to $200 ahead of Q2 earnings

    August 7, 2025

    Recent News

    Dow futures soar 250 points today: 5 things to know before Wall Street opens

    Dow futures soar 250 points today: 5 things to know before Wall Street opens

    August 7, 2025
    Affirm stock price is rising: is it a buy before earnings?

    Affirm stock price is rising: is it a buy before earnings?

    August 7, 2025

    Latest News

    • Dow futures soar 250 points today: 5 things to know before Wall Street opens
    • Affirm stock price is rising: is it a buy before earnings?
    • Intel stock plunges sharply after Trump calls on CEO to resign: here’s why rebound may take time

    About Insightful Word

    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools
    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools

    Copyright © 2025 Insightfulword.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Politics

    Copyright © 2025 Insightfulword.com. All Rights Reserved.