A report warns that the pandemic's effects will take time to show up on banks' balance sheets
The economic and fiscal effects of Covid-19 are battering government finances, NBF reports
Covid-19 may slow the pace of the transition, but it will continue
The rating agency's downside scenario for the global economy would impact a wide swath of ratings
Banks' balance sheets growing rapidly as Covid-19 response ramps up
The rating agency has cut forecasts due to longer, more painful lockdowns
Weaker, more exposed banks are at greatest risk
Economic disruption comes amid record high debt levels
Recreation, retail and resource sectors look most exposed
The delay gives banks the flexibility to deal with the Covid-19 crisis