The aim of the research is to examine the impact of COVID-19 spread on banks’ performance during the period of Jan 1st, 2020, till December 31st, 2021. Banks’ performances are measured using CAMEL approach quarterly data, COVID-19 spread has been measured by ln of (new cases, cumulative new cases, new deaths, and cumulative deaths) / Egypt’s population / one million. This has been applied on 5 top Egyptian banks ranked as total assets highest value. Data collected from banks’ annual, and quarter published reports, and World Health Organization COVID-19 database. Results indicate that banks performance of top 5 Egyptian banks were negatively affected by Coronavirus new cases and Coronavirus cumulative cases shows more significant effect rather than Coronavirus new deaths, and cumulative deaths. Results supported using panel analysis according to GMM technique using normal and fixed effect models, least-Square normal and fixed effect for the whole research period and sub periods.
Petro, I., Hossam, S. E., Walid, M., Hassanin, Z., Sherif, S., & Hany, M. (2024). The Impact of COVID-19 Spread on the Egyptian Banks’ Soundness. Journal of Advances in Economics and Business Studies, 1(1), 70-80. doi: 10.21608/jaebs.2024.386333
MLA
Ihab Raouf Petro; Seif Eldin Hossam; Mazen Walid; Ziad Hassanin; Salma Sherif; Mennatullah Hany. "The Impact of COVID-19 Spread on the Egyptian Banks’ Soundness", Journal of Advances in Economics and Business Studies, 1, 1, 2024, 70-80. doi: 10.21608/jaebs.2024.386333
HARVARD
Petro, I., Hossam, S. E., Walid, M., Hassanin, Z., Sherif, S., Hany, M. (2024). 'The Impact of COVID-19 Spread on the Egyptian Banks’ Soundness', Journal of Advances in Economics and Business Studies, 1(1), pp. 70-80. doi: 10.21608/jaebs.2024.386333
VANCOUVER
Petro, I., Hossam, S. E., Walid, M., Hassanin, Z., Sherif, S., Hany, M. The Impact of COVID-19 Spread on the Egyptian Banks’ Soundness. Journal of Advances in Economics and Business Studies, 2024; 1(1): 70-80. doi: 10.21608/jaebs.2024.386333
)
View on SCiNiTO