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386333

The Impact of COVID-19 Spread on the Egyptian Banks’ Soundness

Article

Last updated: 29 Dec 2024

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Abstract

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.

DOI

10.21608/jaebs.2024.386333

Keywords

COVID-19 spread, Bank performance, CAMEL approach, Egyptian banks, Panel Data, GMM Technique, Least Square

Authors

First Name

Ihab

Last Name

Petro

MiddleName

Raouf

Affiliation

Finance Department, Faculty of Economics and International Trade

Email

ieissa@ecu.edu.eg

City

Cairo

Orcid

-

First Name

Seif Eldin

Last Name

Hossam

MiddleName

-

Affiliation

Faculty of Economics and International Trade, Egyptian Chinese University ECU, Cairo, Egypt

Email

291900467@ecu.edu.eg

City

-

Orcid

-

First Name

Mazen

Last Name

Walid

MiddleName

-

Affiliation

Faculty of Economics and International Trade, Egyptian Chinese University ECU, Cairo, Egypt

Email

291900303@ecu.edu.eg

City

-

Orcid

-

First Name

Ziad

Last Name

Hassanin

MiddleName

-

Affiliation

Faculty of Economics and International Trade, Egyptian Chinese University ECU, Cairo, Egypt

Email

291900449@ecu.edu.eg

City

-

Orcid

-

First Name

Salma

Last Name

Sherif

MiddleName

-

Affiliation

Faculty of Economics and International Trade, Egyptian Chinese University ECU, Cairo, Egypt

Email

291900096@ecu.edu.eg

City

-

Orcid

-

First Name

Mennatullah

Last Name

Hany

MiddleName

-

Affiliation

Faculty of Economics and International Trade, Egyptian Chinese University ECU, Cairo, Egypt

Email

291900280@ecu.edu.eg

City

-

Orcid

-

Volume

1

Article Issue

1

Related Issue

51020

Issue Date

2024-10-01

Receive Date

2024-03-13

Publish Date

2024-10-15

Page Start

70

Page End

80

Print ISSN

3009-7533

Online ISSN

2974-3680

Article File

JAEBS_Volume 1_Issue 1_Pages 70-80.pdf

PDF . 444.8kB

Link

https://jaebs.journals.ekb.eg/article_386333.html

Detail API

https://jaebs.journals.ekb.eg/service?article_code=386333

Order

386,333

Type

Original Article

Type Code

2,997

Publication Type

Journal

Publication Title

Journal of Advances in Economics and Business Studies

Publication Link

https://jaebs.journals.ekb.eg/

MainTitle

The Impact of COVID-19 Spread on the Egyptian Banks’ Soundness

Details

Type

Article

Created At

20 Dec 2024