COVID-19 and the Finance Sector in Asia and the Pacific Guidance Note

COVID-19 and the Finance Sector in Asia and the Pacific Guidance Note
- ISBN 13:
9789292693220
- ISBN 10:
9292693220
- Format: Paperback
- Copyright: 05/30/2022
- Publisher: Asian Development Bank
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Summary
The guidance note examines the effects of the coronavirus disease (COVID-19) on real economies and the measures taken to ease the impact. It notes risks to financial stability, such as an anticipated rise in nonperforming assets. Its recommendations include establishing a framework for epidemic risk financing, buttressing financial stability and macroprudential measures, developing insurance markets for risk sharing and transfer solutions, improving SME financing, and fostering digital transformation.