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Limited impact on banks if COVID-19 is contained in “one to two months”: CS

Banks in the region shouldn’t be severely affected if the coronavirus situation can be contained into a “one to two-month event”, according to Credit Suisse’s equity strategy team. “We can look at the Global Financial Crisis as a template on how this plays out. Banks in most places in Asia will be providing support to troubled borrowers,” said Dan Fineman,…

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