ECONOMIC CRISIS The global Economics Crisis and its implication of Lebanese Banks

Authore(s) : Ghadeer Kaddour || Ph.D Student

Volume : (13), Issue : 205, March - 2018

Abstract : The current study aims to investigate the influence of the recent global economic crisis on the Performance of Lebanese banks in Lebanon, with a view to identifying problem areas in the banking sector, and offer directions for policy improvements. The study used economics ratio analysis to analyze the Lebanese banks’ Performance from 2005 to 2017. This period was divided into three: before the Economic crisis from 2005 to 2010, during the Economic crisis from 2011 to 2014, and after the Economic crisis, 2015 to 2017. Three indicators of Performance economics were used in the current study, namely profitability, liquidity, and solvency. The sample of the current study consists of the top nine banks in Lebanon between 2005 and 2017. In addition, it attempts to determine the impact of the global Economic crisis on the Performance of banking systems (Operation Economic of crisis), in order to explore which is the most efficient system. The study adds to collective knowledge of the effects of Economic crises by adding a case study set in a new context to the existing range of studies. In doing so it broadens the scope of research on the impact of the Economic crises on banks Performance. The results of current study indicated that the Economic crises affected the Lebanese banks Performance during the crises that the three indicators of economics Performance dropped materially during the economic crises period in comparison to the period before and after this period. Moreover, a comparison between the Lebanese banks Performance was conducted during the three periods to determine the bank that was able to overcome the consequences of the economic crises. The study found that in general that the best bank in terms of Performance during the period 2008 -2010 the best is Audi bank and the worst bank is Jamal Trust Bank.

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Article No : 10027

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