Bank for International Settlements’ Actions to Limit the Negative Consequences of the Crisis with the Covid-19 Pandemic on the Banking System
Bank for International Settlements’ Actions to Limit the Negative Consequences of the Crisis with the Covid-19 Pandemic on the Banking System

Author(s): Aglika Kaneva
Subject(s): Economy, National Economy, Supranational / Global Economy, Financial Markets
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: Bank for International Settlements; COVID-19 pandemic; global financial and economic crisis
Summary/Abstract: In this paper, the effects the implemented Basel standards have had on the resilience of the banking system and banks’ behaviour during the period of the COVID-19 pandemic have been evaluated. The measures taken by the Bank for International Settlements to limit the negative impact of the COVID-19 pandemic on banks have been examined. The Bank for International Settlements’ response to economic crises has been studied.

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