european banks covid19

Kristalina IMF

The IMF Believes The Macro Picture In Some Economies With Covid-19 Is Similar To The Stress Tests’ Worst Case Scenario

The IMF has recommended a number of measures to the banks’ supervisors to address the coronavirus health crisis. Firstly, it believes it is necessary to keep regulations unchanged and extend the time frame for compliance (Basel IV). It also recommends the use of capital buffers to facilitate operations, as well as providing incentives for lending by making risk management and associated costs (provisions) more flexible in the most affected sectors.