A healthcare worker wearing personal protective equipment (PPE) conducts a Covid-19 test on a passenger during a United Airlines Covid-19 test pilot program at Newark Liberty International Airport in Newark, New Jersey, U.S., on Monday, Nov. 16, 2020.
KUALA LUMPUR: As the heavy toll from the Covid-19 pandemic continues, S&P Global Ratings expects 2021 to be even tougher for global banks as the recovery could be slow, uncertain and vary globally.
It cautioned on Tuesday that the recovery could be slow, uncertain and vary globally and it highlighted four key risks – economic disruption, longer-term overhangs, insolvencies and a weakening in property.
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