Government support schemes during the Covid-19 pandemic have had a dampening effect on corporate credit risk

After the Covid-19 pandemic broke out, the authorities have introduced a number of measures aimed at the business sector. Support has largely been given to the sectors hardest hit by the pandemic and measures to contain it. A considerable share of banks' loan customers in these sectors have received support from one or more of these schemes. This has likely had a dampening effect on banks' credit loss risk.

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Year of publication:	2021
Authors:	Hjelseth, Ida Nervik ; Solheim, Haakon ; Vatne, Bjørn Helge
Publisher:	Oslo : Norges Bank
Subject:	Covid-19 \| coronavirus \| pandemic \| support schemes \| support measures \| business sector \| credit risk \| financial stability

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Series:	Staff Memo ; 3/2021
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Research Report
Language:	English
ISBN:	978-82-8379-186-0
Other identifiers:	1760203580 [GVK] hdl:10419/246159 [Handle] hdl:11250/2755871 [Handle]
Source:	EconStor

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