Resilience and Stability in the banking and fincancial system?
The situation is serious: The corona crisis challenges the financial and banking system.
What is the situation and what do we do now?
Weak profitability, unresolved regulatory challenges and increasing competition in the digital sector pose further challenges for banks. Due to the finiancial crisis 2008/2009 the financial system is now more resilient and better able to sustain the financing of the real economy. However, further improvements in financial stability, such as increased capital requirements, regulation of shadow banks or reforms in financial supervision, are needed. Our facts & findings illustrates the difficult situation and shows recommendations which necessarily should be introduced.