Shadow banking system
id:
shadow-banking-system-178-16716
title:
Shadow banking system
text:
The shadow banking system is a term for the collection of non-bank financial intermediaries (NBFIs) that legally provide services similar to traditional commercial banks but outside normal banking regulations. S&P Global estimates that, at end-2022, shadow banking held about $63 trillion in financial assets in major jurisdictions around the world, representing 78% of global GDP, up from $28 trillion and 68% of global GDP in 2009. Examples of NBFIs include hedge funds, insurance firms, pawn shops
brand slug:
wiki
category slug:
encyclopedia
description:
Non-banks that provide services similar to banks
original url:
https://en.wikipedia.org/wiki/Shadow_banking_system
date created:
2008-03-21T15:48:53Z
date modified:
2024-09-04T20:02:17Z
main entity:
{"identifier":"Q962143","url":"https://www.wikidata.org/entity/Q962143"}
image:
fields total:
13
integrity:
15