Naslov
Mitigation of adverse economic consequences to the banking system caused by the appearance of COVID-19 virus

Autori
Crnjac Milić, Dominika ; Kvesić, Ljiljanka ; Džidić, Ante

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
Interdisciplinary management research XVII / Barković, Dražen ; Dernoscheg, Karl-Heinz ; Erceg, Aleksandar ; Glavaš, Jerko ; Pap, Norbert ; Runzheimer, Bodo ; Wentzel, Dirk - Osijek : Ekonomski fakultet Sveučilišta Josipa Jurja Strossmayera u Osijeku ; Hochschule Pforzheim University of Applied Sciences ; Hrvatska akademija znanosti i umjetnosti (HAZU), 2021, 414-435

Skup
17th Interdisciplinary Management Research (IMR 2021)

Mjesto i datum
Opatija, Hrvatska, 13.05.2021. - 15.05.2021

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
banking system ; credit risk ; stability ; COVID-19

Sažetak
The situation that resulted from the pandemic caused by the outbreak of the COVID-19 virus indicated the need to implement specific measures and activities that would preserve the banking system’s financial stability, the citizens, and the entire economy of many countries. To mitigate the adverse economic consequences, various regulatory authorities in certain countries have continuously monitored and analyzed available information from the banking system, giving recommendations for implementing activities related to consumers and legal entities exposed to adverse economic effects. To a large extent, banking depends on the general macroeconomic situation, which has been considerably aggravated by the crisis management body’s necessary restrictions. Regardless of the standpoints, the common goal is to reduce the risk of a potential finan- 415 INTERDISCIPLINARY MANAGEMENT RESEARCH XVII cial crisis, which could arise by the entry of the real sector into difficulties and preserve the banking system, which would be dispositional for future economic growth after the crisis is over. This paper will provide an overview and analysis of suggested measures and activities by the Banking Agency for the area of the Federation of Bosnia and Herzegovina. Particular emphasis will be placed on the implemented activities and measures related to credit risk management and determination of expected losses, which this segment of banking operations could imply.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

Napomena
This publication is partly financed by the
Ministry of Science and Education of the Republic
of Croatia.

POVEZANOST RADA