Adapting lending in a time of crisis to alleviate customer hardship and bank pressures
CGI
JUNE 1, 2020
The global impact of the COVID-19 pandemic on the financial industry far exceeds anything we have seen in our lifetime. Two types of lending are dominant during this crisis—government loans and bank loans. For loans made with government funds (e.g., While initial bank actions are the same as with government loans (i.e.,
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