TY - RPRT U1 - Arbeitspapier A1 - Herzog, Bodo T1 - Resilience and stability? Setting the course for the banking and financial system during the Corona virus pandemic T2 - Facts & findings N2 - Since the global financial crisis of 2008/2009, there has been no challenge to the financial and banking system comparable to that during the Corona crisis. Weak profitability, unresolved regulatory challenges and increasing competition in the digital sector pose further challenges for banks. The stability of the financial system and access to financial markets was not at risk during the pandemic. Through joint efforts and better bank capitalisation, the financial system is now more resilient than during the financial crisis. Provided that grants and loans in the “next generation EU” fund are well targeted for structural reforms and investments in the future, this should boost confi-dence and growth. However, further improvements in financial stability, such as increased capital requirements, regulation of shadow banks or reforms in financial supervision, are needed. Y1 - 2020 U6 - https://nbn-resolving.org/urn:nbn:de:bsz:rt2-opus4-28796 UN - https://nbn-resolving.org/urn:nbn:de:bsz:rt2-opus4-28796 UR - https://www.kas.de/documents/252038/7995358/Resilience+and+Stability+in+the+banking+and+fincancial+system.pdf/99cb6919-4ab2-6617-f8c3-064f13e3b462?version=1.0&t=1603884192913 SN - 978-3-95721-771-4 SB - 978-3-95721-771-4 IS - 409 SP - 1 EP - 12 S1 - 12 PB - Konrad-Adenauer-Stiftung CY - Berlin ER -