Covid-19 will have an economic impact across all economies with investment and demand shocks triggering a slowdown. This economic disruption and prolonged recovery will significantly impact the banking sector, with a sharp increase in non-performing loan levels, provisioning and shortage of capital. Changes to revenue streams will be swift and significant. It will therefore become increasingly important for credit providers to understand these rapid changes in as close to real time as possible, so they can protect both their customers and their loan portfolios.
Learn about the impacts of Covid-19 and how to improve your business’ strategies whilst adapting to new regulations.