COVID-19: How Will European Banks Fare?

Download or read book COVID-19: How Will European Banks Fare? written by Mr.Shekhar Aiyar and published by International Monetary Fund. This book was released on 2021-03-26 with total page 114 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper evaluates the impact of the crisis on European banks’ capital under a range of macroeconomic scenarios, using granular data on the size and riskiness of sectoral exposures. The analysis incorporates the important role of pandemic-related policy support, including not only regulatory relief for banks, but also policies to support businesses and households, which act to shield the financial sector from the real economic shock.