The Impact of Business Continuity Planning on Banking Resilience, Financial Stability, and Economic Growth in Kosovo

Fisnik Zogaj ()
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Fisnik Zogaj: South East European University, Faculty of Contemporary Sciences and Technologies

Chapter Chapter 31 in Economic Resilience and Sustainability - Vol. 2, 2026, pp 509-521 from Springer

Abstract: Abstract This study examines the role of Business Continuity Planning (BCP) in enhancing banking resilience, financial stability, and economic growth in Kosovo. Using comparative case studies from Europe and India, the research evaluates the effectiveness of BCP frameworks in mitigating financial disruptions and supporting operational continuity. Quantitative data collected from major banks in Kosovo reveal that robust BCP practices significantly strengthen resilience and promote financial sector stability. Key recommendations include aligning BCP strategies with emerging risks, enhancing scenario-based stress testing, improving staff training, and embedding resilience into organizational culture. The findings aim to inform policymakers and financial institutions on strengthening crisis preparedness in Kosovo’s banking sector (Swamy, 2013; Aronis & Stratopoulos, 2016; ONO, 2020; Khiaonaron, 2021; World Bank, 2022; Deloitte, 2020).

Keywords: Business continuity plan; Banking; Resilience; Economic growth; Financial impact (search for similar items in EconPapers)
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-032-04214-9_31

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DOI: 10.1007/978-3-032-04214-9_31

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