The Swedish Financial Supervisory Authority has announced an in depth analysis of connections between Swedish banks and private credit, as well as the role private credit plays in the Swedish financial system. The review will focus on lending outside the banking sector and the bond market, an area that has grown globally over the past decade, particularly in the United States and the United Kingdom. The authority said it has monitored the development for some time and has not so far identified indications of material risks linked to private credit in a Swedish context. However, given further development in the global market in recent years, the analysis will examine what interlinkages may exist between Swedish banks and relevant private credit market participants.
Finansinspektionen 2026-05-07
Swedish Financial Supervisory Authority launches in depth analysis of banks’ links to private credit
The Swedish Financial Supervisory Authority will conduct an in-depth analysis of links between Swedish banks and private credit, and the role of private credit in the Swedish financial system, focusing on lending outside the banking sector and bond market. While the authority has not identified material risks to date, it will assess potential interlinkages with private credit market participants in light of recent global market developments.