What are the lessons learnt from the Covid-19 impact on Expected Credit Losses (ECL) of banks in Europe?
We have analysed the 2021 annual reports of 26 banks in 11 European countries to better understand the impact of Covid-19 on their expected credit losses and how it can help banks prepare as they face new challenges as a result of the war in Ukraine. This study is the fourth in its series and follows on our third edition of the report released in September 2021.
Webinar | Financial reporting of European banks 22
Watch the replay of our webinar with Mazars experts for a preview of our new report on the key takeaways from the Covid-19 impact on Expected Credit Losses (ECL) and how they are helping banks in Europe respond to the current war in Ukraine.
Financial performance of European banks 2021 study
How is the pandemic affecting the financial performance of European banks? The Covid-19 crisis continues to undermine global financial stability. While its full impact on the banking sector is yet to be determined, the 2020 annual results let us build a picture of the Covid-19 impact on the expected credit losses (ECL) in banks’ financial disclosures.