Journal Article
COVID-19, Oil Price Collapse, Dimming Outlook for Banks in 2020
Abstract: Eleventh District banks face challenges from instability in the energy sector and economic fallout from the COVID-19 pandemic. While district banks finished 2019 on solid footing, and regulatory and monetary interventions will buffer some of the headwinds, we expect profitability, credit quality and bank capital to decline in 2020.
Keywords: COVID-19;
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Bibliographic Information
Provider: Federal Reserve Bank of Dallas
Part of Series: Southwest Economy
Publication Date: 2020
Issue: Second Quarter