Insurance company Swiss RE points to the weak growth of the U.S. economy and the vulnerability of its financial sector. Deteriorating credit conditions, as well as difficulties experienced by the office sector, have a negative impact on the commercial real estate industry in the country, worsening the growth prospects of the U.S. economy and making the financial sector of the country more vulnerable, experts say. About this writes the agency Prime.

Small banks are now more vulnerable than before, and if the U.S. economy enters a phase of recession, it will affect their assets, says the report of the company experts. The greatest pressure falls on the sector of office real estate, which is due to a number of reasons - the risks of credit obligations are increasing, there are difficulties with refinancing loans, and the volume of investments in stocks is reduced. If the number of available office space will decrease, it will have a negative impact on small banks and insurers, and the first are experiencing more pressure, experts summarize.