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Journals / Sosyoekonomi / 2026 / Cilt: 32 Sayı: 61

Unravelling the Impact of COVID-19 on The Turkish Banking Sector: An Empirical Analysis

COVİD-19’un Türk Bankacılık Sektörü Üzerindeki Etkisini Ortaya Çıkaran Ampirik Bir Analiz

Arzu Alvan Bozdereli(KIBRIS İLİM ÜNİVERSİTESİ)0000-0003-2183-0209
Derviş Kırıkkaleli(EUROPEAN UNIVERSITY OF LEFKE)0000-0001-5733-5045
Şükrü Umarbeyli(AKDENİZ KARPAZ ÜNİVERSİTESİ)0000-0001-7745-0606
Pages
11–20
Publication Date
2024-07-30
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Therefore, this study provides valuable insight into the literature.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:This study aims to examine the impact of COVID-19 on the Turkish Banking Index of the Istanbul Stock Exchange.
📊
Key Findings & Data:Gold price, Repo, exchange rate, and the COVID-19 cases exhibit a long-run relationship with the banking index.
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Conclusion & Impact:Therefore, this study provides valuable insight into the literature.
🔬Design:Araştırma Makalesi
📍Scope:Comprehensive Sample
⚙️Variables:Türk Bankacılık Endeksi · Bayer Hanck Eşbütünleşme Testi · FMLS Testi

Abstract

This study aims to examine the impact of COVID-19 on the Turkish Banking Index of the Istanbul Stock Exchange. Bayer-Hanch Cointegration Test, a Canonical Cointegrating Regression, and a Fully Modified Least Squares test were examined. Gold price, Repo, exchange rate, and the COVID-19 cases exhibit a long-run relationship with the banking index. During the pandemic, COVID-19 cases affected banks' performance in a negative way at the Istanbul Stock Exchange. No study in the literature has specifically examined the impact of COVID-19 on the Turkish Banking Index using the Bayer Hanch Co-integration strategy. Therefore, this study provides valuable insight into the literature.

Özet

Bu çalışmanın amacı, COVID-19’un İstanbul Menkul Kıymetler Borsası Türk Bankacılık Endeksi üzerindeki etkisini incelemektir. Bu amaçla çalışmada Bayer-Hanch Eşbütünleşme Testi, Kanonik Eşbütünleşme Regresyon testi ve Tamamen Değiştirilmiş En Küçük Kareler testi kullanılmıştır. Altın fiyatı, repo, döviz kuru ve COVID-19 vakaları bankacılık endeksi ile uzun vadeli bir ilişki sergilemektedir. Pandemi sürecinde COVID-19 vakaları İstanbul Menkul Kıymetler Borsasında bankaların performansını olumsuz etkilemiştir. Bu çalışma, literatürde Bayer Hanch Eşbütünleşme stratejisi kullanarak COVID-19’un Türk Bankacılık Endeksi üzerindeki etkisini inceleyen ilk çalışmadır.

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Cite This Article

Bozdereli, A. A., Kırıkkaleli, D., Umarbeyli, Ş. (2024). Unravelling the Impact of COVID-19 on The Turkish Banking Sector: An Empirical Analysis. Sosyoekonomi, Cilt: 32 Sayı: 61, 11–20. https://doi.org/10.17233/sosyoekonomi.2024.03.01

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