Studie 2021: Finanzielle Leistung der europäischen Banken in Zeiten von Covid-19
Die Jahresberichte geben einen interessanten Einblick in die Auswirkungen der COVID-19-Pandemie auf die europäischen Banken.
Inhalt auf Englisch
How is the pandemic affecting the financial performance of European banks?
The Covid-19 crisis continues to undermine global financial stability. While its full impact on the banking sector is yet to be determined, the 2020 annual results let us build a picture of the Covid-19 impact on the expected credit losses (ECL) in banks’ financial disclosures.
We have analysed the annual reports of 26 banks in 11 European countries to better understand the impact of Covid-19 on their financial performance. This study is the second edition and follows on our first edition of the report released in September 2020. The study is based on audited information disclosed in the annual reports of participating banks published until 1 April 2021.
A focus on Expected Credit Losses
The study mainly focuses on the ECL-related impacts of Covid-19 on the European banking industry. It covers:
- The extent to which the Covid-19 pandemic has impacted the operating profit or loss, and the 2020 ECL charge.
- The consequences on the ECL coverage ratios and the ventilation of gross credit exposure and ECL allowance by stage.
- What European banks disclosed on their post-model adjustments and macro-economic assumptions.
Read the report below to find out more.
Contacts
Stefan Müller Partner - Leiter Audit & Assurance FS - Zürich
Responsible Banking Practices: Benchmark Studie 20
Trotz der andauernden wirtschaftlichen Herausforderungen durch Covid-19 bleiben die Banken beim Thema Nachhaltigkeit weltweit auf Kurs: Die Chancen und Risiken von nachhaltigen, wirtschaftlichen Handeln nehmen die Institute in der Pandemie weiterhin sehr ernst.
Financial performance of European banks [replay]
Watch our replay to learn about the Covid-19 impact on the expected credit losses (ECL) in European banks' financial disclosures.
Financial performance of European banks
Interim reports offer an initial glimpse of the impact of the COVID-19 pandemic on European banks.