Germany facing the tsunami of non-performing loans

Germany facing the tsunami of non-performing loans

7 August 2020

The Corona crisis threatens Germany's banks with massive loan defaults, as many business customers will no longer be able to pay their instalments due to the global recession. Artificial intelligence and automated processes can help to cope with the threatening increase in non-performing loans.

Our CEO Hartmut Wagner explains in a guest article, published by “gi Geldinstitute”, how digital technologies will become a competitive factor, even beyond the crisis. (only available in German).

 

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