NEWS ANALYSIS: Things could get worse before they get better for emerging market banks
Fitch ratings agency says loan portfolios are likely to deteriorate as relief programmes and forbearance by regulators come to an end
06 April 2021 - 19:57
The pandemic-induced hard lockdowns implemented across the world led to unprecedented restriction on economic activity with disastrous consequences for the ability of consumers and businesses to service their loans.
In response, banks across the emerging world implemented a range of measures designed to temporarily suspend the obligations of borrowers as they attempted to navigate the uncertainty and impact of Covid-19...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.