Bank balance sheets could be obscured, says Coen

WilliamCoen_PA_575x375_14January2021
By Jasper Cox
14 Jan 2021

The impact of coronavirus on economies has led to extraordinary help being granted to banks and their customers. But this brings the risk of problems on banks' balance sheets being hidden, according to William Coen, former secretary general of the Basel Committee on Banking Supervision.

Banks have benefited from a raft of measures introduced as part of the response to the coronavirus crisis, including ones related to capital requirements and specific types of assets. For example, loans under guarantee or payment holiday have been treated favourably on bank balance sheets, in accordance with ...

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