Excessive credit is weakening the financial systems of 20 countries around the world including the United States, according to an annual survey by Standard & Poor's.

According to a report released by the rating agency this week, credit booms in China, Colombia, the Czech Republic, Indonesia, Latvia, Lebanon, Lithuania, Romania, Slovakia, South Korea, Taiwan, Thailand, and Turkey are raising risks that the banking systems of those countries could run into serious problems.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.