Global banking outlook stable, sound capital and liquidity

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Global banking outlook stable, sound capital...
 © FinancialMirror 2022
The outlook for the banking industry is stable for the next 12 to 18 months as the global economy maintains a steady recovery, helping support banks’ asset quality and keeping loan loss levels low, Moody’s Investors Service said in a new report.

The rating agency explained that during the pandemic , consumers and businesses were supported by emergency measures that kept unemployment low and ensured that banks’ asset quality was protected.

It said that economic growth should be “sufficiently strong” next year for this dynamic to continue, even as support measures are wound down and monetary policy...

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Article automatically added to our system on Friday, December 3, 2021

Global banking outlook stable, sound capital and liquidity

Contents of this article including associated images are © FinancialMirror 2022
Views & opinions expressed are those of the author and/or FinancialMirror .

Article Tags: #global   #banking   #outlook   #stable   #sound   #capital   #liquidity  

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