Influence of the COVID-19 Pandemic on the Banking Sector in Northern Europe

Madina Yesbolat

doi:10.56879/ijbm.v2i2.24

Influence of the COVID-19 Pandemic on the Banking Sector in Northern Europe

Authors

Madina Yesbolat KIMEP University, Kazakhstan

DOI:

https://doi.org/10.56879/ijbm.v2i2.24

Keywords:

Banking Sector, Net Interest Margin, Capital Adequacy, FGLS, Covid-19, Europe

Abstract

This research intends to investigate the influence of the COVID-19 pandemic on the financial performance of the banking sector in Northern Europe spanning from 2010 to 2021. In order to execute an empirical investigation into the elements that influence profitability, we worked with the OLS method (FGLS panel-data model). The results demonstrate the importance of factors that are both macroeconomic and specific in explaining profitability. Specifically, the capital adequacy ratio (CAR) exerts a noteworthy influence on bank profitability. Additionally, the bank's Z-score exhibits a negative correlation with the net interest margin (NIM) and attains statistical significance.

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Published

2024-01-20

How to Cite

Yesbolat, M. (2024). Influence of the COVID-19 Pandemic on the Banking Sector in Northern Europe. International Journal of Business and Management (IJBM), 2(2), 59–73. https://doi.org/10.56879/ijbm.v2i2.24

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Issue

Vol. 2 No. 2 (2023)

Section

Articles

License

This work is licensed under a Creative Commons Attribution 4.0 International License.

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