Vendors
日本語

Five Actions for Corporate Banks in Response to COVID-19

Create a vendor selection project
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
We are waiting for the vendor to publish their solution profile. Contact us or request the RFX.
27 March 2020

REPORT PUBLISHED BY OLIVER WYMAN

Abstract

Coronavirus (COVID-19) is already having a profound effect on people’s lives and the economy. Corporate and commercial banks have a central role to play in supporting the global economy during the crisis, and in facilitating a rapid and sustained recovery afterwards. On top of normal commercial lending, banks will play a key role in implementing many of the government’s policies to support SMEs and corporates.

Credit War Room structure

Here we identify five actions corporate banking leaders should take to improve the resilience of their businesses and support the real economy. We draw on our live experience supporting banks on the COVID-19 response in Asia and Europe, and on broader crisis management experience from the financial crisis.