Système financier et COVID-19 : Un examen de l’impact en RDC

MALATA, Alain K. and PINSHI, Christian P. (2020): Système financier et COVID-19 : Un examen de l’impact en RDC.

Abstract

The repercussions of the effects of COVID-19 (via increased uncertainty and lower income) on the financial system have increased at an incredible rate and tend to undermine financial stability with a contraction of claims on the private sector withdrawal of deposits and tightening of financial conditions. Regulators should act flexibly, increasing liquidity to preserve and safeguard financial stability. At the same time, the financial system landscape tends to be ultra-digital, with the expansion of FinTechs on the one hand, and the expansion of cyberattacks on the other. In order to get the most out of the digitization of the financial system and improve the efficiency of cybersecurity, the implementation of smart policies and the development of IT security policies are crucial.

• Item Type: MPRA Paper
• English Title: Financial system and COVID-19: A review of the impact in the DRC
• Language: French
• Keywords: COVID-19, Financial system, BVAR
• Subjects: C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models ; Multiple Variables > C32 - Time-Series Models ; Dynamic Quantile Regressions ; Dynamic Treatment Effect Models ; Diffusion Processes ; State Space Models; G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks ; Depository Institutions ; Micro Finance Institutions ; Mortgages

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