International Webcast: Overcoming the impacts of COVID-19
How can banks work together globally in response to the crisis?
Today we face economic upheaval potentially more severe than during the global financial crisis. Never before have modern economies shut down at such a rapid pace - the coronavirus pandemic is a different kind of shock.
Pressure on global banking systems is growing and higher defaults on debt are imminent. As the outbreak continues, banks will see covenant breaches, sharp increases in provisions, and falling investment demand. All on top of the pre-existing commercial challenges for banks brought about by low interest rates.
This webcast will look at how banks and bankers are working with Government, business and society, in different countries across the globe, to respond to this fast moving situation and the challenges they are facing. This webinar will also look at how banks and their leaders can work together globally to support individuals and businesses through and following the crisis.
Join us for our second international webinar partnered with the Financial Services Institute of Australasia and the Asian Institute of Chartered Bankers.
Chair - Chris Whitehead, CEO, FINSIA
Uday Sareen, CEO, ING Bank Australia
Yuki Yasui, Asia Pacific coordinator, UNEP FI
Mr Lee Lung Nien, CEO, Citibank Malaysia
Thursday 14th May 2020