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5% %

Average PD reduction for top AI-exposed borrowers. European Central Bank p.2

Headwind or Tailwind? How Banks Interpret Borrowers' AI Exposure

Research paperEuropean Central BankOctober 202671 pages

As public attention to AI rose following the release of ChatGPT, banks lowered assessed default risk (PD) for borrowers in highly AI-exposed industries by about 5%.