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Edited by Helene Viel, Monday, 5 Feb 2024, 17:01

The COVID-19 pandemic has transformed our way of working, managing issues, writing contracts, and negotiating. COVID-19 has nothing to do with a huge flood in a town or with the fire of a building. The scale, the propagation speed, and the length of damages are much more important. A pandemic cannot be controlled as easily as a local flood. A local flood can be contained, slowed down, and mainly controlled. The impact is local. The COVID-19 pandemic is international, it cannot be easily contained or slowed down even if countries decide to put into place lockdowns. The evolution is variable depending on the season and the region in the world.

Managing financial performance and staying financially stable and viable for corporate, professional, and individual customers and investors have always been their main preoccupations.

The crisis due to the pandemic has increased the liquidity risk to businesses and their partners.

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