bullish
ASEAN Banks Walked Diverging Paths to Recovery Post-Pandemic
22 Views12 Sep 2023 11:00
SUMMARY
- The ASEAN banking sector’s credit profile has experienced differing credit trends post the COVID-19 pandemic.
- Although the initial recovery in the credit profile of the region’s banking sector post- pandemic can be attributed to the fiscal and monetary support provided to both financial and non-financial corporate by local governments, more recent credit trends suggest that macroeconomic challenges, which include higher- for-longer interest rates amidst high domestic inflation and lagging economic growth, have led to diverging trends to recovery within the bloc.
- Immediate responses to the pandemic shock by major ASEAN economies’ governments aided in reducing the credit risk across the financial sector.
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
- Unlock research summaries
- Follow top, independent analysts
- Receive personalised alerts
- Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.
Upgrade later to our paid plans for full-access.
or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
Criat
Next-Generation Credit Analytics Provider
- Loading...
x