COVID-19 pandemic impact on banking sector: A cross-country analysis

IF 2.9 3区经济学 Q2 BUSINESS, FINANCE Journal of Multinational Financial Management Pub Date : 2023-03-01 DOI:10.1016/j.mulfin.2023.100784

Mohsin Shabir , Ping Jiang , Wenhao Wang , Özcan Işık

引用次数: 12

Abstract

This study examines the effects of the COVID-19 outbreak on the performance and stability of the banking sector. Our sample consists of 2073 banks in 106 countries from 2016Q1 to 2021Q2. We employ several alternative bank performance and stability measures for a comprehensive analysis and robustness. The findings show that the COVID-19 outbreak has significantly reduced bank performance and stability. These results are consistently observed across several geographical regions and countries’ income classifications. Additional analysis shows that the adverse impact of COVID-19 depends on the characteristics of the bank and market structure. While a better regulatory environment, institutional quality, and financial development have significantly increased the strength and resilience of banks. These findings provide practical implications for regulators and policymakers in the face of unprecedented uncertainty caused by the COVID-19 pandemic.

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COVID-19大流行对银行业的影响:一项跨国分析

本研究探讨了COVID-19疫情对银行业绩效和稳定性的影响。我们的样本包括2016年第一季度至2021年第二季度106个国家的2073家银行。我们采用几种替代银行绩效和稳定性措施进行全面分析和稳健性。研究结果表明，新冠肺炎疫情严重影响了银行的业绩和稳定性。这些结果在多个地理区域和国家的收入分类中都得到了一致的观察。进一步分析表明，COVID-19的不利影响取决于银行和市场结构的特点。更好的监管环境、制度质量和金融发展显著提高了银行的实力和韧性。面对COVID-19大流行带来的前所未有的不确定性，这些发现为监管机构和政策制定者提供了实际意义。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Multinational Financial Management BUSINESS, FINANCE-

CiteScore

7.30

自引率

4.80%

发文量

审稿时长

30 days

期刊介绍： International trade, financing and investments have grown at an extremely rapid pace in recent years, and the operations of corporations have become increasingly multinationalized. Corporate executives buying and selling goods and services, and making financing and investment decisions across national boundaries, have developed policies and procedures for managing cash flows denominated in foreign currencies. These policies and procedures, and the related managerial actions of executives, change as new relevant information becomes available. The purpose of the Journal of Multinational Financial Management is to publish rigorous, original articles dealing with the management of the multinational enterprise. Theoretical, conceptual, and empirical papers providing meaningful insights into the subject areas will be considered. The following topic areas, although not exhaustive, are representative of the coverage in this Journal. • Foreign exchange risk management • International capital budgeting • Forecasting exchange rates • Foreign direct investment • Hedging strategies • Cost of capital • Managing transaction exposure • Political risk assessment • International working capital management • International financial planning • International tax management • International diversification • Transfer pricing strategies • International liability management • International mergers.

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