Impact of the COVID-19 on Banks in China
Boming Chen and
Bhabani Shankar Nayak ()
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Boming Chen: University of Glasgow
Bhabani Shankar Nayak: University for the Creative Arts
Chapter Chapter 5 in China: The Great Transition, 2023, pp 87-117 from Springer
Abstract:
Abstract This chapter analyses the impact of the new coronavirus on the profitability of banks in China. It argues that the new coronavirus had a significant impact on banks’ return on capital and non-performing loan ratios, but not on capital adequacy ratios. This proves that although the COVID-19 outbreak has led to a severe economic decline, the banking sector as a whole is still manageable through policy changes and the control of the outbreak.
Keywords: Bank system; Profitability; COVID-19; China (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-0051-0_5
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DOI: 10.1007/978-981-99-0051-0_5
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