Impact of Covid-19 Factors on The Sustainability of Bank Lending in Russia
Abstract
Lending to the economy is an important factor in ensuring sustainable economic growth of the national economy and the world economy. With each new crisis there are new determinants affecting the nature and quality of bank lending, which is mediated by the state of credit institutions themselves. The beginning of 2020 marked a new fundamental factor in the economic behavior of economic entities - COVID-19. Accordingly, the purpose of this study is to identify the degree of influence of coronary crisis indicators, namely the number of morbidity, mortality and convalescence on the dynamics of bank lending of the Russian economy. The main methods of work were comparative-comparative analysis, dynamics analysis, structural analysis and econometric methods - Pearson correlation coefficient. The study revealed a high degree of correlation between the COVID-19 mortality variable in Russia and the dynamics of bank lending during the active phase of infections and the post-pandemic period.
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About this article
Publication Date
30 September 2024
Article Doi
eBook ISBN
978-1-80296-966-5
Publisher
European Publisher
Volume
4
Print ISBN (optional)
-
Edition Number
1st Edition
Pages
1-1008
Subjects
sustainable development, ecology, economy, technologies, green technologies
Cite this article as:
Tashtamirov, M. (2024). Impact of Covid-19 Factors on The Sustainability of Bank Lending in Russia. In K. A. Said-Akhmadovich, & A. S. Salamova (Eds.), Modern Trends in Governance and Sustainable Development of Socio-economic Systems: From Regional Development to Global Economic Growth, vol 4. European Proceedings of Multidisciplinary Sciences (pp. 131-139). European Publisher. https://doi.org/10.15405/epms.2024.09.17