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