Managing Delinquency in a Post-COVID World
Delinquency is one of the financial services sectors that COVID-19 is bound to have a direct and immediate impact on. Large scale income disruptions, compounded by a looming financial recession and growth slowdown, dictate that financial institutions around the world adopt proactive strategic measures to handle the impending increase in delinquency rates. At an individual level, the contextual trigger for delinquency can be either of a) temporary e.g. disruption of business d