Pedestrians pass an HSBC bank branch in Hong Kong on September 21, 2020. HSBC has warned it might have to set aside up to US$13 billion to cover non-performing loans. Photo: Bloomberg
Pedestrians pass an HSBC bank branch in Hong Kong on September 21, 2020. HSBC has warned it might have to set aside up to US$13 billion to cover non-performing loans. Photo: Bloomberg
Janus Zhang
Opinion

Opinion

The View by Janus Zhang

Coronavirus recovery: protect lenders and borrowers to ease bad loan damage

  • More than ever, banks must strike a delicate balance between extending needed lines of credit to borrowers while also safeguarding themselves against bad debt
  • Banks must continue to lend while anticipating loan losses, and shielding lenders and borrowers while managing bad loans is essential to an economic recovery

Janus Zhang
Janus Zhang

Updated: 5:00pm, 17 Feb, 2021

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Pedestrians pass an HSBC bank branch in Hong Kong on September 21, 2020. HSBC has warned it might have to set aside up to US$13 billion to cover non-performing loans. Photo: Bloomberg
Pedestrians pass an HSBC bank branch in Hong Kong on September 21, 2020. HSBC has warned it might have to set aside up to US$13 billion to cover non-performing loans. Photo: Bloomberg
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