Health care and pharmaceutics aside, there is no sector more important than banking and finance for helping the real economy to weather the COVID-19 storm. The arch villain of the Global Financial Crisis has become a saviour during COVID-19. The relaxation of regulation and a renewed readiness to socialize loan losses may be justified when much of the economy is in lockdown. In the long run, it will not be sustainable. Post-COVID-19, a new equilibrium has to emerge in order to help fortify public finances in preparation for the next exogenous shock.