Overall, banks encountered the pandemic crisis in good financial positions, with abundant liquidity and capital. Therefore, they expanded their commercial lending radius. However, Government-mandated stimulus and commercial real estate trends did play a major role in reshaping the standards of commercial lending during COVID-19. Banks were cautious with new lendings and it required significant shifts in the size and composition of bank loan portfolios and implementation of digital innovations. Thus it will be safe to say that financial institutions including both large and small banks played a crucial role in providing commercial credit during these demanding times. pg gaming
