Analysis of the Covid-19 pandemic effects on the business performance of banks in the Republic od Croatia with special review of financial services to the corporate sector

Kroz rad analizirat će se i objasniti utjecaji pandemije bolesti covid-19 na poslovanje banaka u Republici Hrvatskoj. Nadalje, u radu će se posebno osvrnuti na utjecaj pandemije u financijskom sektoru kroz analizu ključnih pokazatelja i načine prilagodbe banaka u dijelu pružanja financijskih usluga sektoru poduzeća. Kroz poglavlja prikazat će se makroekonomski pokazatelji i kretanja u financijskom sektoru kroz razdoblje pandemije. Analizirat će se financijski izvještaji i pokazatelji poslovanja banaka zajedno s mjerama donesenim od strane Hrvatske narodne banke. Na posljetku proći će se kroz poslovanje poduzeća i prilagodbu banaka tijekom pandemije putem analize kreditnog portfelja, kamatne stope na kredite, izloženost rizicima NPL kredita i drugih. Cilj rada je utvrditi utjecaj pandemije na poslovanje poduzeća i financijski sektor u cjelini kroz period od 2019. do 2021. godine. U radu su se koristili sekundarni izvori podataka, komparativna analiza, deskriptivna, deskriptivno- statistička metoda i metoda sinteze. Prema provedenoj analizi pandemija bolesti covid-19 donijela je promjene u kretanjima unutar ekonomije, smanjila je vrijednost BDP-a, makroekonomske pokazatelje, dobiti banaka i poduzeća, uvoza, izvoza i povećala rizike, neizvjesnost i inflaciju. Hrvatska narodna banka izdala je niz mjera za ublažavanje ekonomskih posljedica uzrokovanih pandemijom bolesti covid-19 koje su uspješno umirile tržište.Through the thesis will be analysed and explained the effects of the covid-19 pandemic on the operations of banks in the Republic of Croatia. Furthermore, the special attention will be on the impact of the pandemic in the financial sector through the analysis of key indicators and ways of adjustment of banks in the provision of financial services to the corporate sector. Through the chapters will be presented macroeconomic indicators and developments in the financial sector at the pandemic period. The financial statements and performance indicators of banks will be analyzed together with the measures bringed by the Croatian National Bank. Ultimately, in the thesis will be explained the business of the company and the adjustment of banks during the pandemic through the analysis of the loan portfolio, interest rates of loans, exposure to the risks of non-performing loans and others. The aim of this thesis is to determine the impact of the pandemic on business operations and the financial sector in general through the period from 2019 to 2021. Through the theses will be used secondary data sources, comparative analysis, descriptive, descriptive-statistical method and synthesis method. According to the analysis, the covid-19 pandemic brought changes in the economy, reduced the value of GDP, macroeconomic indicators, profits of banks and companies, imports, exports and increased risks, uncertainty and inflation. The Croatian National Bank has issued a series of measures to mitigate the economic consequences caused by the Covid-19 pandemic, which have successfully calmed the market