S&P Global – Global Banks Outlook 2025: Cautiously Confident, Nov 2024

S&P Global's "Global Banks Outlook 2025: Cautiously Confident," published in November 2024, provides an in-depth analysis of the anticipated stability in the global banking sector for 2025. The report indicates that approximately 80% of banking groups worldwide have stable rating outlooks, a trend expected to continue into 2025. It identifies four key downside risks: a global economic slowdown beyond current forecasts, greater-than-anticipated property sector challenges, persistently high interest rates amid elevated government and corporate leverage, and emerging risks from new technologies such as AI, as well as climate change and cyber threats. The study emphasizes the importance of banks' resilience in navigating these potential challenges.