Covid-19 /
Treasury & Capital Markets
Credit risk poses biggest danger to financial system
Covid relief efforts may find sovereign institutions from poorer economies swamped with massive debts
Bayani S. Cruz
18 Jan 2021
The deterioration of credit quality in the financial system as governments unwind the billions of dollars that have been pumped into the global economy in the wake of Covid-19 is the biggest risk facing the world post-pandemic.
