Seybold Report ISSN: 1533-9211
Ebtisama Hassooni Noor, Prof. Dr. Hussein Diekan Darweesh Al-Dulaimi
Banking and Financial Sciences, College of Management and Economics, University of Babylon, Iraq
Vol 17, No 08 ( 2022 ) | DOI: 10.5281/zenodo.7027056 | Licensing: CC 4.0 | Pg no: 596-617 | Published on: 27-08-2022
Abstract
The study aims to shed light on the cognitive aspects of evaluating the financial performance of a sample of private banks according to the (CAMELS) standard in light of the Corona pandemic. The repercussions of the main financial indicators of the standard, and the importance of the research lies in the novelty of the topic based on the novelty of the financial crisis caused by the Corona pandemic on the economic and banking sectors, and the research problem is summarized in the following main question: (Was the CAMELS standard able to highlight the strengths and weaknesses of Private banks in light of the Corona pandemic?), in light of the hypothesis (variation in the impact of evaluating the financial performance of private commercial banks in the research sample according to the (CAMELS) standard before and after the Corona pandemic), and from this point of view and to achieve the goal of the study, a sample consisting of (2) banks was selected An Iraqi business for a period of (6) years that was divided into two periods, the first represented by the years (2016-2019) the period before the Corona pandemic and the second represented by the years (2020-2021) a period after the beginning of the pandemic slate. The study reached a set of conclusions, the most important of which are: The results of the financial analysis of the banks of the study sample showed a decrease in the evaluation and classification of the elements of the CAMELS standard for bankers, the research sample for the period after the beginning of the Corona pandemic compared to the period before the pandemic. As for the most prominent recommendations, it is summarized in working to keep pace with banking developments by directing and involving the administrations and owners of private banks through the Association of Private Banks with advanced courses and under the supervision of the Central Bank of Iraq to familiarize them with the general lines that are being worked out to assess the bank, as well as identifying the basic and effective ways to overcome financial crises, from By participating in banking conferences and seminars.
Keywords:
financial performance of banks, Corona pandemic, CAMELS standard, commercial banks