银行行业点评报告:银行视角解码《金融稳定报告(2025)》

开源证券
Dec 31, 2025

(以下内容从开源证券《银行行业点评报告:银行视角解码《金融稳定报告(2025)》》研报附件原文摘录)政府部门杠杆率提升,经营性债务化解或一定程度挤出信贷需求金融稳定报告关注全球债务的可持续性。当前主要经济体财政支出大幅增加,全球债务水平达到历史高位,据IMF测算2024年末全球公共债务规模超100万亿美元,占全球GDP比重约为93%,部分经济体或面临大规模财政赤字压力。我国杠杆率整体上升但结构分化...

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