Problems of the development of the banking sector after the pandemy

The coronavirus pandemic has negatively impacted the global economy. The banking sector is no exception. The authors analyze the impact of the coronavirus on the functioning and subsequent development of the banking sector in Russia. If we consider this pandemic as a one-time event, then the banking...

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Bibliographic Details
Published in:SHS Web of Conferences 2021, Vol.110, p.1038
Main Authors: Buraev, Fedor, Danilina, Marina, Kostromina, Elena, Silaeva, Anna
Format: Article
Language:English
Subjects:
Banking industry
Coronaviruses
COVID-19
Pandemics
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Summary:The coronavirus pandemic has negatively impacted the global economy. The banking sector is no exception. The authors analyze the impact of the coronavirus on the functioning and subsequent development of the banking sector in Russia. If we consider this pandemic as a one-time event, then the banking system will recover quickly enough, and there will be no tragic long-term consequences. However, if we talk about the coronavirus pandemic as a recurring event that will occur at intervals of two or even three times a year, then the real consequences are still difficult to assess.
ISSN:2261-2424
2416-5182
2261-2424
DOI:10.1051/shsconf/202111001038