NatWest CEO on Adopting Precautionary Measures as Economic Outlook Worsens

NatWest CEO on Adopting Precautionary Measures as Economic Outlook Worsens

Assessment

Interactive Video

Business

University

Hard

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The video discusses the resilience of default rates and customer performance amidst economic challenges. Despite a worsening economic outlook, default rates remain low, and customers manage their finances well. The speaker emphasizes a cautious approach by increasing impairment charges, although no significant default cycle is expected. The forecast for impairments remains stable, with a focus on maintaining resilience in customer performance.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current state of default rates according to the speaker?

They are increasing rapidly.

They remain low and resilient.

They have reached an all-time high.

They are fluctuating unpredictably.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How are customers managing their finances in light of economic challenges?

By ignoring the challenges.

By withdrawing all their deposits.

By increasing their spending.

By managing their balance sheets well.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is the speaker lifting impairment charges?

To encourage more spending.

Due to a significant increase in defaults.

As a precaution due to a worsening economic outlook.

Because of a decrease in customer deposits.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the forecast for impairments by the end of the year?

Around 10 basis points.

Over 50 basis points.

Below 5 basis points.

Exactly 20 basis points.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the speaker's outlook on customer performance?

It remains very resilient.

It is deteriorating rapidly.

It is unpredictable.

It is declining steadily.