• Jill Ader
• 06 May, 2021

After failing to fully recover from the last financial crisis, the pandemic poses major new challenges for banks. However, this time, banks are not the problem, but part of the solution. By providing credit to the economy, banks play a crucial role in fighting the pandemic by ensuring the transmission of fiscal and monetary stimulus to the economy. Nevertheless, banks are not among the winners of the pandemic, suffering from a drop in interest rates and from increased provisions
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