CHANGES THAT OCCURRED IN THE BANKING SERVICES DUE TO THE SARS-COV-2 PANDEMIC

Giulia-Elena Zaharia
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Giulia-Elena Zaharia: Lucian Blaga University of Sibiu

Revista Economica, 2020, vol. 72, issue 2, 99-110

Abstract: Suddenly, the everyday life turned into something completely different regarding all the sectors. Having grabbed hold of day by day life around the world, the Coronavirus has pummelled practically all yearly arranging and monetary gauges inside weeks. Presently it is essential to keep a reasonable mind and deliberately explore through these dubious occasions. Banks and budgetary administrations suppliers should and can contribute essentially to in the end defeating this worldwide financial emergency in the most ideal manner. Along these lines, in the accompanying article, the attention is on how SARS-COV-2 constrained the financial framework to proficient to the better approach for living. SARS-COV-2 has brought the world into a highly sensitive situation. The economy is losing its equalization and innumerable once strong business people and organizations are sent into a spiral. The financial exchange has additionally gone frantic, bringing about a critical requirement for counselling among the many frightened speculators. Brisk arrangements and quick help measures are presently required. Governments have just responded and assembled complete salvage bundles that must currently arrive at those organizations and specialists who critically need them. Banks are currently the security net that should get the economy in free fall. In spite of the fact that the full degree of the crown pandemic can't yet be anticipated, there is no an ideal opportunity to lose in forestalling the most exceedingly terrible. It is in this way vital for banks to connect with their clients now and guide them through the troublesome occasions with as meagre harm as could reasonably be expected. All things considered, the essential objective is to get the larger part through this outrageous circumstance and afterward come back to a typical state. Whatever ordinary may mean later on

Keywords: Bank; Sars-Cov-2; Pandemic; Banking system; Marketing (search for similar items in EconPapers)
JEL-codes: F01 G20 (search for similar items in EconPapers)
Date: 2020
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