Banking sector performance during the COVID-19 crisis

Abstract

The Policy Research Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas about development issues. An objective of the series is to get the findings out quickly, even if the presentations are less than fully polished. The papers carry the names of the authors and should be cited accordingly. The findings, interpretations, and conclusions expressed in this paper are entirely those of the authors. They do not necessarily represent the views of the International Bank for Reconstruction and Development/World Bank and its affiliated organizations, or those of the Executive Directors of the World Bank or the governments they represent.

A cross-country analysis on diversification, Sukuk investment, and the performance of Islamic banking systems under the COVID-19 pandemic

“… Feyen, Alonso Gispert, Kliatskova, & Mare, 2021 ; Gormsen & Koijen, 2020 ; International Monetary Fund, 2021a , 2021b ; McKibbin & Fernando, 2021 ; Ramelli & Wagner, 2020 ). However, studies on the COVID-19 impacts on the banking system are still limited ( Demirgüç-Kunt, Pedraza, & Ruiz-Ortega, 2021 ; Elnahass, Trinh, & Li, 2021 ).…”

Designing a Roadmap for Human Resource Management in the Banking 4.0

“…The dig talization of the banking sector is at maximum capacity, as this process also includes oth parts of Industry 4.0, such as blockchain networks, artificial intelligence, IoT, biometric the cooperation of banks with FinTech companies, the preparation of the platform, an other services for Generation Z and others (Mekinjić 2019). The most significant drivers change for the banking sector are connected with technology (World Economic Foru 2020), and according to an Accenture (2021a) During the COVID-19 pandemic, electronic banking has proved its value to societ The pandemic has disrupted every aspect of how societies function, forcing government businesses, educators, and regular citizens to adopt online activities (Demirgüç-Kunt al. 2021).…”

“…During the COVID-19 pandemic, electronic banking has proved its value to society. The pandemic has disrupted every aspect of how societies function, forcing governments, businesses, educators, and regular citizens to adopt online activities (Demirgüç-Kunt et al 2021). The banking sector was expected to play a key role in absorbing the shock, by supplying much-needed funding (Acharya et al 2021).…”

“…Fintech start-ups and tech giants as innovating and experimenting institutions with new products, delivery channels, and analytics are redefining how banking fits in the daily life of consumers. The COVID-19 crisis has fast-tracked innovation and the digitalization of processes in the financial sector (Demirgüç-Kunt et al 2021). To survive, banks must develop new capabilities, new jobs, and new skills (King 2018).…”

Does Fossil Fuel Financing Affect Banks’ ESG Ratings?

“…Many activities of this type are aimed only at exposing the bank's brand and building its specific image, or only at minimising the costs of bank operations. During the COVID-19 escalation period, the focus of research on the banking sector was primarily on the resilience of banks to the crisis [3][4][5][6] and the capital market response in the context of considering the banking sector as one of the most affected by the pandemic [7,8]. Focusing on the recent pandemic years, one can confirm the increased importance of ESG in banks' operations.…”