YEREVAN, July 23. /ARKA/. Companies around the world are making significant operational changes to become more resilient after many found their contingency plans weren’t robust enough to cope with the COVID-19 pandemic, the press office of the bank reports.

HSBC Commercial Banking’s new Navigator report, Building Back Better, draws from a survey of over 2,600 companies in 14 countries and territories. It shows that many firms neglected contingency planning in key operational areas such as technology, finance and sustainability prior to the crisis, with nearly half (47%) saying they could have done more to prepare for the challenges of recent months.

Categories: 121, 144, Banks @en, Economy @en, General news, News, News of the hour | Comments Off on Businesses plan major operational changes as they prioritise resilience: HSBC Navigator

Tags: Businesses plan, changes, HSBC Navigator, resilience

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The vice-president of the Union of Banks of Armenia Seyran Sargsyan ruled out today sharp changes in interest rates on deposits in Armenian dram

Categories: Banks @en, General news, News, News of the hour | Comments Off on No sharp changes in deposit interests expected, union of banks of Armenia

Tags: Armenia, Banks, changes, Deposit

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