The pandemic has forced us to rethink, to refocus and to realign our priorities. Challenges remain, but there are also many opportunities ahead of us. Banks, and more importantly, our customers, have embraced digital technology, meaning that we will have to be better at anticipating trends and developing tools to provide the services they demand in a responsible and secure manner.
Considered for quite a long time as only a trend, ESG and Sustainable Finance are now fully blossoming. Banks not only need to adapt their products portfolio to this new, growing demand, but it has become mandatory for them to also keep up with the increasing regulatory pressure if they want to be sustainable in the long run.
Julie Batsch
Audit Partner, Banking and Capital Markets Leader, PwC Luxembourg
Tel: +352 62133 24 67