Analysis of the impact of the coronavirus crisis on the Eurozone banking system and the performance of selected Czech banks

The author first evaluated the measures and interventions of the Czech National Bank and the European Central Bank, including a more detailed analysis of the monetary policy of the European Central Bank mainly during the coronavirus crisis. The author then moved on to a separate analysis of the provisions for accrued assets, which he analysed both at the level of the Czech banking sector and, for completeness, at the level of the European banking sector, where the negative impact of the coronavirus crisis, mainly in 2020, is clearly visible, leading to a strong increase in provisions. In the most important part of the thesis, i.e. in the comparative analysis of the performance of Czech banks, the author concludes that the coronavirus crisis had an impact mainly on the profitability of the banking sector, precisely because of the formation of provisions, but also because of the reduction in operating income mainly due to the reduction in market interest rates and also the reduced economic activity of the population due to the onset of the coronavirus crisis. Loan moratoriums were also an important factor, affecting mainly net interest income. The comparative analysis confirms the author's hypothesis, that the coronavirus crisis had a predominantly negative impact on the Czech banking sector.