At the same time, the banking system faces a number of serious challenges, such as: а) capital adequacy, which governments are now acting to improve and hence acquire a significant ownership in the banking system, b) the dilemma of whether to continue lending to clients now that banks are no longer able to borrow in the financial market, and c) the question of market valuation of assets when there is simply no market for specific services and products.
In light of the above, it is much less likely that banks will continue to generously “pump” money into our region or approve cross-border loans.