Head of IMF says risks in private credit market keep her awake at night

Kristalina Georgieva urges vigilance over very significant shift of financing' after collapse of Tricolor and First Brands

The head of the International Monetary Fund has admitted that worrying about the risks building up in non-bank lending markets keeps her awake at night.

Kristalina Georgieva on Thursday urged countries to pay more attention to the private credit market, after the failure of the sub-prime auto lender Tricolor and the car parts supplier First Brands.