The IMF recently found evidence of linkages – in particular in the case of sub-Saharan Africa countries – between lower commodity prices and financial stability metrics, such as non-  4  BIS central bankers’ speeches  performing bank loans, returns on equity, and ratios of liquid assets to deposits.
So far, underwriting standards are high by historic standards, and much higher than in the period preceding the crises of the late 1980s and early 1990s. Still, there have been signs recently that standards may be under some downward pressure as a result of strong competition and tight spreads.