ADAPTING BANK PERFORMANCE TO THE COVID-19 SHOCK: A STUDY OF IRAQI BANKS LISTED ON THE REGULAR STOCK EXCHANGE

Abstract

The study aims to analyze the impact of the COVID-19 pandemic on the financial performance and banking risks of Iraqi banks listed on the Iraq Stock Exchange during the period 2017-2022. The results showed that non-interest income had a positive effect on ROA and return on equity ROE during the adaptation period, while the cost-to-income ratio and bank size were significant negative factors. Additionally, larger banks were found to be more exposed to risks during the shock period. The findings highlight the importance of diversifying income sources and controlling operating costs to improve financial performance and reduce banking risks in the face of economic crises.