COVID-19 resurgence raises asset risks for Southeast Asian and Indian banks
As infections rise and overall vaccination rates remain low in Southeast Asian nations and India, loan performance will weaken as economic recoveries stall, although the effects will vary by country. However, government support and strong loss-absorbing buffers will support banks’ credit strength.
Moody's Talks - Focus on Finance · Rebecca Tan, Bruce Ballentine, Jasper Cooper, Danielle Reed, Christian Badorff
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Show Notes
As infections rise and overall vaccination rates remain low in Southeast Asian nations and India, loan performance will weaken as economic recoveries stall, although the effects will vary by country. However, government support and strong loss-absorbing buffers will support banks’ credit strength.
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