Combating COVID-19: How Should Banking Supervisors Respond?

2020-06-16T16:15:05-04:00June 15, 2020|

By Tobias Adrian  and Ceyla Pazarbasioglu

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The massive macro-financial shock caused by the pandemic continues to ravage the global economy and has put both banks and borrowers under severe strain. Supervisors find themselves confronted with unprecedented challenges which call for decisive action to ensure that banking systems support the real economy while preserving financial stability. This blog introduces nine joint IMF-World Bank recommendations to help supervisors navigate these uncharted waters and calls for vigilance regarding policy measures taken that are not consistent with international […]

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