ABSTRACT

The introduction provides the motivation underlying this book and briefly describes its subject: the impact of the pandemic on bank stability, performance and credit policies, as well as the extent of banks’ and financial markets’ strategic adjustments to the challenges brought about by the COVID-19 pandemic. The structure of the chapters is then briefly summarized. It starts with the impact of the pandemic on macroeconomic policies (Chapters 2–4) which is followed by the impact on the enterprise sector (Chapters 5 and 6) and on banking industry performance (Chapters 7 and 8). The last two chapters discuss the pressures coming from the FinTech sector (Chapters 9 and 10).