Impact of COVID-19 on Bank Performance: Perception from Bangladesh

The overall growth in the banking sector, however, might decline soon due to the impact of the coronavirus outbreak. Bank is one of most important sector in our economy. Due to the impact of the coronavirus outbreak our economy is becoming weaker than pre-covid situation. The COVID-19 has caused huge negative effects on Banking Sectors,society, and the economy in Bangladesh. The aim of the report is showing the impact of Banking Sectors during COVID- 19 in Bangladesh. The study is based on secondary information. Scenario analysis is calculated on remittances of 2018-19 to represent the inflow of remittance for evaluating the impact of COVID19 on the economy of Bangladesh for short, medium, and long term. Currently, the remitter countries are locked down, closed the businesses, made the people jobless. This study indicates the negative effect of COVID-19 on remittance inflow, ultimately on GDP growth.Banking Performance during COVID-19 situatio