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Banking Sector Performance During the COVID-19 Crisis, A Review of Q3`2020 Financial Performance - Vimarsana News

Banking Sector Performance During the COVID-19 Crisis, A Review of Q3`2020 Financial Performance

Listen to article Any strong economy is reflective of its robust financial system so when macroeconomic indicators point to a positive direction, it is largely fueled by players in the financial sector. Financial Analysts and researches were equally concerned about how the COVID-19 pandemic could derail the gains made in sustaining the banking sector during the crises. Globally, to reduce the spread of the novel COVID-19, governments enacted mitigation strategies based on social distancing, national quarantines, and shutdown of non-essential businesses. The halt to the economy represented a ...