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The COVID pandemic has impacted bank lending to both the consumers and the business segments. Utilizing the reading material from module 7 and other sources,

The COVID pandemic has impacted bank lending to both the consumers and the business segments.

Utilizing the reading material from module 7 and other sources, please respond to the following question

What are some of the changes that have taken place by lending institutions in assessing the customer procedures and the criteria for approving a loan.

Please respond in at least 500 words!

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