Étude juin 2021 : la performance financière des banques européennes dans le contexte de la crise Covid-19
Octobre 2021 - Les rapports semestriels offrent une analyse intéressante de l'impact de la pandémie COVID-19 sur les banques européennes.
Contenu en anglais
We have analysed the 2021 interim reports of 26 banks in 11 European countries to better understand the impact of Covid-19 on their financial performance in H1 2021. This study is the third in its series and follows on our second edition of the report released in May 2021.
Key findings
- In the first half of 2021, all banks in the sample present a significant decrease in their ECL charge compared to the same period in 2020.
- Most of the banks that experienced the highest increase in ECL charges last year are now among those with a net ECL profit in the first half of 2021.
- 100% out of 18 banks that disclosed their amounts both in H1 2021 and YE 2020 have a cumulated overlay that is an ECL charge.
- The change in overlays represents on average 54% in ECL profit or loss before overlays in absolute value.
Read the report below to find out more.
Contacts
Stefan Müller Associé - Responsable Audit Services Financiers - Zurich
Financial performance of European banks
Interim reports offer an initial glimpse of the impact of the COVID-19 pandemic on European banks.
Financial reporting of European banks 2021 study
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.
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.