Sector Regulation Sector Regulation

Comment: Banks brace for Covid loan losses as government support is withdrawn

By Fiona Maxwell and Jack Schickler
  • 23 Aug 2021 11:15
  • 23 Aug 2021 11:15
Banks across the globe have been praised for their ability to withstand the instability brought about by the pandemic, as they kept lending to needy households and companies. But behind the scenes were billions in government support packages, which are now on the brink of being withdrawn.

As state support disappears, regulators all

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