Analysis of the financial performance of the private banking sector during the Corona pandemic Case Study of a Banker (Baghdad, Investment)

Abstract

The study aims to shed light on the special cognitive aspects of the analysis of the financial performance of a sample of private banks in during the Corona pandemic, and the study also seeks to give a clear picture of the effects and repercussions produced by the Corona pandemic in banking activity and how the financial performance of the banking sector is affected by those repercussions represented by the financial indicators of banks, and the importance of research lies from the novelty of the subject based on the novelty of the financial crisis The problem of the research is summarized in the main question :(What is the impact of the Corona pandemic on the financial performance of private banks), under the hypothesis (the Corona pandemic negatively affected the financial performance of the banks of the study sample compared to the period before the pandemic), and from perspective  and to achieve the goal of the study, a sample of (2) Iraqi commercial banks was selected for a period of time It extended (6) years that were divided into two periods, the first was represented by the years (2016-2019) the period before the Corona pandemic and the second was represented by the years (2020-2021) period after the beginning of the pandemic. The study reached a set of conclusions, the most important of which are: The results of the financial analysis of the banks of the research sample showed a decrease in some indicators of financial performance for the period after the beginning of the Corona pandemic compared to the period before the pandemic. The most significant recommendations are to work to continue banking developments by directing and involving the management and staff of private banks through the association of private banks in advanced courses and under the supervision of the Central Bank of Iraq to familiarize them with the general guidelines that are being worked on to evaluate the bank, as well as to identify the basic and effective ways to overcome financial crises by contributing to banking conferences and seminars.