TECH BUYER Feb 2020 - IDC Perspective - Doc # AP46041620

Impact of the COVID-19 to Asia/Pacific Banks: Watch Lending Growth Instead

By: Michael AranetaAssociate Vice President, IDC Financial Insights, Eric Gao, Iris RenSenior Research Analyst

Table of Contents

Executive Snapshot

Figure: Executive Snapshot: Impact of the COVID-19 to Asia/Pacific Banks

Situation Overview

A New Way of Work, Made Ready by Business Continuity Planning

A Refocus on Operational Risk

Figure: Risk Spending Submarkets

Table: Impact of COVID-19 to IT Spending on Risk Subsegments

Focus on Availability of Services: Mobile Banking Apps, Cloud Save the Day!

2020 Credit Growth as Indicator of Real Impact

Table: Impact of COVID-19 to Loan Growth in Asia/Pacific Markets

Advice for the Technology Buyer

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Synopsis

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