There are still many risks for the banking industry in the world, despite of reforms that were implemented since financial crisis ten years ago. This subject was mostly discussed during the meeting of world bankers in Bali this weekedn, Bloomberg reports.

Among growing external risks are market volatility, trade tension, leverage growth, as well as consequences of Italy's new budget. As a result, banks need to take additional actions to protect from all those global factors.

Despite of crisis situation ten years ago, today world economies are not ready to act together to calm the markets down and return to growth, as there are too many differences in their relationships. experts note.

Current situation in Italy was very often mentioned during the meeting, which indicates that it is one of important risks.

Large threat is also represnted by non-banking lenders, which got popular since 2008, bankers told at conference.

Bankers did not come to common opinion in regards to whether new recession will start soon or not. Some expect downturn in 2020. According to Pimco, US growth may slow down but will not disappear. UBS informs that now people are more pessimistic in regards to recession than in Davos at the beginning of this year. According to Chartered Plc, slow down in China will be overlapped by other economies.