DNB: COVID-19 could affect financial sector for the next four years.
The COVID-19 outbreak is likely to affect the Dutch financial sector, including pension funds, severely and the hit could be felt for a four-year period, a survey by supervisor De Nederlandsche Bank (DNB) has suggested. The watchdog, which first assessed the potential impact of a pandemic back in 2006, concluded that the Dutch economy could decline by more … More DNB: COVID-19 could affect financial sector for the next four years.