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Evaluate negative impact of pandemic

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The COVID-19 pandemic has significantly affected the banking sector, including the shifts in consumer preferences, changes in depositor behavior, and changes in loan demand and supply. Banking stocks were impacted during COVID-19. In the period from 01 December, 2019 to 30 April 2020 -- most banks saw a price slump in mid-March. In your response, I hope you can

1. Evaluate the negative impact of a pandemic on the banking sector,

2. Analyze the underlying reasons, and

3. Provide recommendations to bank managers and regulators.

Reference no: EM133040084

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