Outlook for many banking sectors across the globe turns stable as economies start to recover

In a special episode of our Focus on Finance podcast series, Stephen Long, Louise Lundberg and Eugene Tarzimanov of the Banking team join host Carolyn Henson to discuss the prospects for banks around the globe as government economic support measures start to unwind and banks brace for a substantial rise in loan defaults. Many economies are set to rebound this year but banks must factor in continuing uncertainty over the future course of the pandemic.Related content:Banking System Outlook - South Africa:  Weak economy, deteriorating loan quality and profitability drive our negative outlookBanking System Outlook Update – Mexico: Negative outlook on prolonged recovery and deteriorating government supportBanking System Outlook Update – Japan: Long-running structural challenges in a weak economy drive negative outlookBanking System Outlook Update – India: Potential weakening of government ability to provide support drives negative outlookBanking System Outlook Update – Germany: Outlook for German banks remains negative