World Bank Concerned Over Developing Economies’ Banks’ Sovereign Debt Exposure

Sovereign debt exposure at banks in Emerging Markets and Developing Economies (EMDE) countries has risen alarmingly in recent years, the World Bank warned in a new report released on Thursday. According to bank’s inaugural “Finance and Prosperity ” report, exposure of banks to government debt has risen by over a third to 16 per cent...The post World Bank Concerned Over Developing Economies’ Banks’ Sovereign Debt Exposure first appeared on New Telegraph.The post World Bank Concerned Over Developing Economies’ Banks’ Sovereign Debt Exposure appeared first on New Telegraph.

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