International banking amidst Covid-19: resilience and drivers

International banking amidst Covid-19: resilience and drivers

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International banking amidst Covid-19: resilience and drivers

BIS Quarterly Review | December 2020 | 07 December 2020by Bryan Hardy and Előd TakátsPDF full text (239kb) | 11 pagesThe claims of international banks held up well during the Covid-19 crisis, although economic output fell by even more than during the Great Financial Crisis (GFC). Both cross-border and local claims were resilient, in advanced and emerging market economies alike.

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