How has the COVID-19 pandemic affected the operations/performance of specific financial institutions? Look for articles that discuss this issue and summarize your findings.

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter4: Going Into Debt
Section4.2: Sources Of Loans And Credit
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How has the COVID-19 pandemic affected the operations/performance of specific financial institutions? Look for articles that discuss this issue and summarize your findings.

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Coronavirus has brought the world into a state of crisis. The economy loses its equality and cannot be càlculated if strong business visionaries and organizations are sent into the cycle. Financial exchanges have also intensified, bringing with them a dire need for advice among many skeptical speculators. Immediate prepàration and prompt help are now required. Governments have recently responded and consolidated bundles of rescue that should now reach those organizations and coordinators who need them most.  Banks are currently a health net that should get the economy through free fall. Despite the fact that the full extent of the crown epidemic is not yet anticipàted there is no time to lose in the worst prevention. It is therefore important that banks contact their customers now and guide them through difficult times with minimal damage that can be expected under the circumstances. For àll intents and purposes, the ultimate goal is to get the most out of this unusual situation and get to a normal state.

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