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Research Article

Impact of COVID-19 on European banks’ credit ratings

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Article: 2153717 | Received 29 Nov 2021, Accepted 27 Nov 2022, Published online: 08 Dec 2022

Figures & data

Table 1. Decomposition of Moody’s, Dominion Bond Rating Service, Fitch long-term issuer credit ratings.

Table 2. Financial determinants of Moody’s and DRBS long-term issuer credit ratings during the COVID-19 pandemic given for banks from developed European countries.

Table 3. Financial determinants of Moody’s and DRBS long-term issuer credit ratings before COVID-19 pandemic given for banks from developed European countries.

Table 4. Financial determinants of Moody’s and DRBS long-term issuer credit ratings before the COVID-19 pandemic given for banks from European Union and non-European Union countries.

Table 5. Financial determinants of DRBS long-term issuer credit ratings during the COVID-19 pandemic given for banks from non-European Union countries.

Table 6. Financial determinants of S&P long-term issuer credit ratings during the COVID-19 pandemic given for banks from Eurozone and European Union countries.

Table 7. Financial determinants of Moody’s and DRBS long-term issuer credit ratings before the COVID-19 pandemic given for banks from Eurozone and non-Eurozone countries.

Table 8. Macroeconomic determinants of Moody’s and DRBS long-term issuer credit ratings given for banks from developed European countries.

Table 9. Impact of Moody’s and DRBS countries long-term issuer ratings on banks’ long-term issuer credit ratings given for developed European countries subsample.