A dormant debt powder keg ignited in 2023; as bankruptcies continue to explode in 2024, risk professionals must set into motion a multi-faceted approach to financial risk evaluation.

Now is the time for anyone who has neglected establishing a strong credit culture to learn how to best sound the alert, arming yourself with CreditRiskMonitor’s offerings.

A recent IMF report has highlighted a surge in instability within nonfinancial corporations. As the potential for mass economic failure mounts, CreditRiskMonitor is providing the daily markers that effectively signal on the counterparties in your portfolio that hold the most extreme bankruptcy risk potential.

Chinese property developer defaults have become the norm, with formal bankruptcies now beginning to take shape. Industry giant China Evergrande Group may be among the next to file.

With inflation running hot, the U.S. Federal Reserve has embarked on a rate hike agenda. Financially weak companies with material near-term maturities are struggling and, in some cases, bankruptcy could be imminent.

The COVID-19 pandemic swiftly delivered hundreds of bankruptcy filings in 2020. Here in 2022, geopolitical tensions, supply chain challenges, and tightening credit conditions could lead to a similar devastating outcome.

In 2021, total liabilities from public company bankruptcies approached $77 billion, delivering formidable material losses to creditors and major disruptions to global supply chains.

CreditRiskMonitor offers up five quick and important facts that you need to know about China Evergrande Group right now to make a more solid business evaluation – or, more advisable, even an alteration of credit extension or a pivot to a peer.

Economic reopening and depressed worldwide rig counts have led to energy prices heading back in a positive direction. Yet this recovery hasn't resulted in an equal improvement throughout the energy patch.

Looking to China in a COVID-19 age, creditors may soon start forcing several high-profile companies into legal proceedings commensurate with corporate failure.