Commerzbank publishes second FI.News of the year

Commerzbank has launched the latest edition of FI.News, the bank’s newsletter for financial institutions. This issue of the biannual newsletter evaluates how the banking sector is building resilience in the face of changing circumstances following the outbreak of the COVID-19 pandemic.

Through interviews and deep-dive articles, Commerzbank’s experts share their latest region- and product-related insights into how the current environment may lead to future innovation and opportunity. The edition contains articles on FIs are accelerating their digital programmes, the importance of ISO 20022 migration, as well as updates on how the COVID-19 crisis has shaped the banking sectors in Latin America and Eastern Europe.

Moorgate-Finn has produced FI.News since 2013. The latest edition can be found here.

S&P’s Julyana Yokota examines how airports will adapt to the new normal in Aerotime

Widespread coronavirus-related lockdowns and general economic downturn have had an unprecedented effect on global air traffic, which is projected to be down 55% in 2020. Writing in Aerotime, Julyana Yokota, Senior Director, Infrastructure, at S&P Global Ratings, takes a look at the implications for the global airport sector.

While airports generally enjoy stronger liquidity positions than airlines, they are now facing significant credit stress – especially given the uncertainty surrounding aeronautical revenue. With aviation charges likely to be lower due to a weakened airline sector, airports must make an effort to diversify their revenue streams. Some level of structural change in the airport sector is inevitable, however the asset class’ infrastructural significance is means it is likely to survive the turbulent times ahead.

The full article can be found here.