Scribd Logo
Upload

Welcome to Scribd!

  • 6 views

    3.0 Explaination Topic - Fin365

    Uploaded by

    Athirah Aminludin
    Covid-19 unexpectedly changed international banking performance. The pandemic caused high volatility in banking. As a health crisis, banks were seen as part of the solution by reinventing strategies to provide more convenience. Trading positively impacted international banking performance during Covid-19 by accelerating expansion through new firms, customers, and economies. New firms enhanced trading across countries and expanded scope. Customers accessed more products safely from home. Trading is expected to continue influencing international banking performance long-term.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    3.0 Explaination Topic - Fin365

    Uploaded by

    Athirah Aminludin
    6 views2 pages
    Covid-19 unexpectedly changed international banking performance. The pandemic caused high volatility in banking. As a health crisis, banks were seen as part of the solution by reinventing strategies to provide more convenience. Trading positively impacted international banking performance during Covid-19 by accelerating expansion through new firms, customers, and economies. New firms enhanced trading across countries and expanded scope. Customers accessed more products safely from home. Trading is expected to continue influencing international banking performance long-term.

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Covid-19 unexpectedly changed international banking performance. The pandemic caused high volatility in banking. As a health crisis, banks were seen as part of the solution by reinventing strategies to provide more convenience. Trading positively impacted international banking performance during Covid-19 by accelerating expansion through new firms, customers, and economies. New firms enhanced trading across countries and expanded scope. Customers accessed more products safely from home. Trading is expected to continue influencing international banking performance long-term.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    6 views2 pages

    3.0 Explaination Topic - Fin365

    Uploaded by

    Athirah Aminludin
    Covid-19 unexpectedly changed international banking performance. The pandemic caused high volatility in banking. As a health crisis, banks were seen as part of the solution by reinventing strategies to provide more convenience. Trading positively impacted international banking performance during Covid-19 by accelerating expansion through new firms, customers, and economies. New firms enhanced trading across countries and expanded scope. Customers accessed more products safely from home. Trading is expected to continue influencing international banking performance long-term.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    You are on page 1of 2

    3.

    0 EXPLAINATION OF TOPIC

    Covid-19 is a pandemic that caused the international banking performance change


    unexpectedly. As we know, the banking system has always been at the center of the crisis but
    since this pandemic, it has the high volatility in the performance of international banking.
    This pandemic also causing the different situation since the crisis that we are facing is related
    to health issues. So, bank is perceived as part of the solution because the strategies that
    adopted continuously where it has been reinvented in order to provide more convenience.
    Trading is one of the popular industries that give the positive impact towards performance of
    international banking where it is the action or activity of buying and selling goods and
    services. It is because Covid-19 pandemic can accelerate an expansion of trading in many
    ways such as new firms, customer, economy and others.

    Firstly, the positive impact of Covid-19 toward international banking performance


    through trading is new firms. It is because new firm was enhanced the dynamism in the
    trading landscape across countries and also expanded the scope of trading. Meanwhile, the
    trading transactions in many countries become the shifted from luxury goods to everyday
    necessities. Trading also can be long-term nature since it expected that this pandemic is likely
    to continue in our lives. So, the learning cost, purchasing habits and also the incentive will
    make it convenience for the new firms to capitalize on investments in new sales channels.
    Besides, there are also have the spite of contract restrictions and other confinement measures,
    but the new firms still enable to continue their operation. Therefore, new firms are one of the
    important roles to make sure that trading industry become developed thus it gives the positive
    impact toward international banking performance during Covid-19.

    Secondly, the positive impact of covid-19 toward international banking performance


    through trading is customer. It is because the customers are provided with access to a
    significant variety of products especially from the safety and also convenience of their
    homes. The customer has been brought into sharp relief for the systematic challenges that
    related to financial inclusion, connectivity, skills and trust. Besides, the customer also
    changed the world economy and giving a tremendous impact on trade. This is because
    customer can help to promote the new business and organize the trade mission to other
    countries. Other than that, customers’ satisfaction are the largely rational expectations, albeit
    with a small adaptive component. Therefore, customer is also important influence in the
    development of trade during Covid-19 towards international banking performance.

    You might also like