ECONOMIC UNCERTAINTY persist throughout the year ”; a result of an anticipated decrease in the credit quality of loan portfolios and collateral values of customers , reduced risk tolerance , concerns regarding bank funding costs , liquidity positions , and deposit outflows .
The picture may not necessarily be the same in all markets though , as according to Bakhtar , “ the situation seen in the US looks different in the UK . Indeed , as of May 2023 , net mortgage lending was expected to grow 1.25 %, rising by £ 29bn , showcasing the UK ’ s ability to dodge recession .
“THE PROBLEMS THAT LED TO THE DOWNFALL OF SVB IN THE UNITED STATES AND SIMILAR INSTITUTIONS PERSIST ”
DAVID AIKMAN PROFESSOR AT KING ’ S BUSINESS SCHOOL AND DIRECTOR OF THE QATAR CENTRE FOR GLOBAL BANKING & FINANCE fintechmagazine . com 63