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KM Financial Solutions | Pandemic exposing ‘cracks’ in financial system, bank losses ‘likely’ – IMF
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Pandemic exposing ‘cracks’ in financial system, bank losses ‘likely’ – IMF

13 Apr Pandemic exposing ‘cracks’ in financial system, bank losses ‘likely’ – IMF

Posted at 15:30h in News by
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The novel coronavirus
outbreak has exposed “cracks” in the global financial system and
“will likely” see banks suffer both credit losses and market
losses that will test their reserves, the International Monetary
Fund (IMF) warned on Tuesday.

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