Can corona virus or any other epidemic disease can collapse Banking?

[onrise]

I doubt it very much.
The fact is that if it were a banking system exclusively in the physical world, then perhaps a reduced number of contacts from the system could somehow affect its operation.

However, now we can see that almost the entire banking system goes digital.

From this we can conclude that an epidemic of this kind will only accelerate the transition of financial systems to the digital environment.

The future is digital and not all counties have the facilities and infrastructure setup for going digital . In fact in rural areas of many countries still lack basic facilities and internet not their . Only developed countries has this and may be developing ones have to an extent rest still people have to go to banks to withdraw or deposit and for other transactions. Hopefully it would change in due course .

[Yatsan]

It can't collapse banking, but it can make a huge damage to the system. Banking is what normal people need and I think with this pandemic banking profit and it's other operation is getting cancelled due to the crisis and a lot of people are going to lose money. Here our country the bank here are still open but they are limiting the customer who ca enter their establishment. We are in the middle of implementing digital banking so still a lot of people use the digital one.

Every aspect of the economy; this pandemic is causing a lot of damage but, I don't think it can collapse any sector of it.

[slashz9]

of course if the plague continues and lasts a long time it will greatly impact the economy, even now there is news that says 80% of patients have recovered in China and have started their activities as usual.
then in other countries this is still the beginning, where prices for staples or things related to this virus go up very high like masks.
So the rumor that the virus will be completely solved in June might be true and maybe a little longer.

[Betwrong]

of course if the plague continues and lasts a long time it will greatly impact the economy, even now there is news that says 80% of patients have recovered in China and have started their activities as usual.
then in other countries this is still the beginning, where prices for staples or things related to this virus go up very high like masks.
So the rumor that the virus will be completely solved in June might be true and maybe a little longer.

The economic impact of this pandemic is already huge, but the banking system is intact, fortunately. Few people, if any, would profit from its collapse.

As for when things will start to improve, I think it can take a month or two, but hardly more than that. These days it's very important to stay out of panic, keep calm, and keep the quarantine, of course.

[pragna]

Imagine Corona virus or any epidemic disease affected globally. As a result, all the economy will be affected and people will face hard time. Will not it bring an affect in economic balance? Which will turn into high inflation globally and it will result collapse of the banking system. Will it? In my country, the situation is getting worse for product which we are depended on China. I can see a significant inflation here if Corona Virus issue continued.

Yes, there is do doubt that COVID-19 has collapse all sector not only in banking sector. We saw after Chaina attack by COVID-19 whole world stock exchange rate gone down because Chaina was connect to whole world economy with their products or raw materials. And here banking connectivity is high also. So now we are seeing full crush of banking and economy.

[geegaw]

of course if the plague continues and lasts a long time it will greatly impact the economy, even now there is news that says 80% of patients have recovered in China and have started their activities as usual.
then in other countries this is still the beginning, where prices for staples or things related to this virus go up very high like masks.
So the rumor that the virus will be completely solved in June might be true and maybe a little longer.

The economic impact of this pandemic is already huge, but the banking system is intact, fortunately. Few people, if any, would profit from its collapse.

As for when things will start to improve, I think it can take a month or two, but hardly more than that. These days it's very important to stay out of panic, keep calm, and keep the quarantine, of course.

The banking system is not completely intact, it has received some relatively large influence during this period although it is still operating, the most visible thing is that people are constantly withdrawing the money they have saved to spend during the time they are off work, the capitalization that can be transferred in banks is probably not too much, some loans and investments may be delayed, causing considerable losses. A few months of improvement may not be enough, the bank will take more time but now, as you say, what we should be concerned about is stabilizing health.

[Pffrt]

The economic impact of this pandemic is already huge, but the banking system is intact, fortunately.

The banking system has also been affected in one way or another. In most countries which have affected seriously with the pandemic, banks are having the worst time too. Not certainly related but you have to check this I think- https://cointelegraph.com/news/italian-bank-opens-bitcoin-trading-to-12-million-during-lockdown This must have some connection with the Pandemic.
Locking the thread, it's getting more and more spam now.