Good AI – bad for banks?

Stefan Kerbl ()
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Stefan Kerbl: Oesterreichische Nationalbank, On-Site Banking Inspections Division – Large Banks

Financial Stability Report, 2025, issue 50, 13

Abstract: Artificial intelligence is the new buzzword – and with good reason: It is reshaping the world around us. With the financial sector being particularly suited for the use of AI, we are called upon to examine the implications of AI use for financial stability. In this paper, we take a closer look at the financial stability risks that arise as banks, nonbank financial institutions, borrowers and society as a whole embrace the new technology. To do so, we compare the findings of five renowned financial institutions and discuss four different AI scenarios.

Keywords: artificial intelligence; technological change and financial stability; cyber risk (search for similar items in EconPapers)
JEL-codes: G28 O33 (search for similar items in EconPapers)
Date: 2025
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