COVID-19 Impact on Small Business Lending Industry
[vc_row][vc_column][vc_column_text]Read time: 5 minutes [/vc_column_text][vc_column_text]The coronavirus outbreak has hit the main street-side economy in the gut and it has been unleashing devastation all over the world. Medical authorities are racing to drug trials to slow down and prevent the virus from spreading but success currently eludes the medical community. So, the question is how did […]
Banking in the Times of Coronavirus: Do’s and Don’ts
[vc_row][vc_column][vc_column_text]Read time: 6 minutes [/vc_column_text][vc_column_text]The ongoing spread of COVID-19 carries with it one of the biggest threats to disrupt the global economy and financial markets. In this article, we are talking about banking in the times of coronavirus. We cover what are bank’s Do’s and Don’ts in these unprecedented times. Lockdown has led to a […]
COVID-19 and Recession: A Banking Perspective on Survival
[vc_row][vc_column][vc_column_text]Read time: 5 minutes [/vc_column_text][vc_column_text]The sudden outbreak of the COVID-19, the novel coronavirus pandemic has led to a severe lockdown. The sudden shutdown of the multiple industries and businesses has threatened and disrupted the global economy and financial markets. COVID-19 has ushered in a recession after more than a decade of stable economic growth. The […]
8 Low-Risk Loan Portfolio Strategies For Banks In The Coronavirus Environment
[vc_row][vc_column][vc_column_text]Read time: 5 minutes [/vc_column_text][vc_column_text]COVID-19 has pushed the economy into a recession. Unless a small business is applying through the Payroll Protection Program, banks do not really have the appetite to fund small businesses. But if you assess the pre-COVID situation, commercial banks have been able to increase their loan portfolios massively over the last […]