Demirgüç-Kunt, Asli; Pedraza, Alvaro; Ruiz-Ortega, Claudia - 2020
This paper analyzes bank stock prices around the world to assess the impact of the COVID-19 pandemic on the banking … policy announcements on the performance of bank stocks. Overall, the results suggest that the crisis and the countercyclical … lending role that banks are expected to play have put banking systems under significant stress, with bank stocks …