COVID-19 and European Banking Performance: Resilience, Recovery and Sustainability

The book analyzes the impact of the COVID-19 pandemic on European banking,including bank stability,performance,and credit policies,and their strategic adjustments. It finds that extensive public interventions have been successful in averting disastrous consequences,but the pandemic has disrupted the restructuring and recovery of the banking industry,leading to a negative long-lasting effect on sustainable development.

Format: Hardback
Length: 186 pages
Publication date: 26 July 2023
Publisher: Taylor & Francis Ltd

The monograph delves into a comprehensive examination of the profound impact of the COVID-19 pandemic on European banking, encompassing both macro and micro dimensions. It scrutinizes the far-reaching consequences of the pandemic on bank stability, performance, and credit policies, as well as the strategic adaptations banks have made to navigate the challenges posed by this unprecedented crisis.

In the initial chapters, the analysis focuses on the diverse governmental responses to the pandemic. The discussion revolves around the scope and effectiveness of the wide array of public policies implemented to mitigate the adverse effects of the crisis on the economy. The findings indicate that the extensive public interventions have proven largely successful in averting potentially catastrophic consequences for the financial sector on a macro level.

However, the COVID-19 pandemic has exerted a significant disruption on the restructuring and recovery efforts initiated after the 2008 crisis, profoundly impacting economies worldwide. This disruption has arguably led to a negative, long-lasting impact on sustainable development. To explore this dimension, the book delves into the impact of the pandemic on bank lending policies, bank stability and performance, and the competitive position of banks in the face of the growing influence of the FinTech sector.

By providing a thorough overview of the issues banks will encounter as a result of pandemic-related macroeconomic and industry adjustments, the monograph appeals to scholars, researchers, and students of banking and finance, as well as banking specialists interested in examining the impact of crises on financial markets, risks, and resilience.

Dimension: 234 x 156 (mm)
ISBN-13: 9781032316567