Gergana Mihaylova-Borisova – University of National and World Economy, Student Town, 8 Hristo Botev Street, Sofia, Bulgaria


5th International Scientific Conference – EMAN 2021 – Economics and Management: How to Cope With Disrupted Times, Online/Virtual, March 18, 2021, CONFERENCE PROCEEDINGS published by: Association of Economists and Managers of the Balkans, Belgrade, Serbia; ISBN 978-86-80194-43-1, ISSN 2683-4510


The economies are once again facing the challenges of another crisis related to the spread
of coronavirus in 2020. The banking sector, being one of the main intermediaries in the economies, is
also affected by the spread of the new crisis, which is different compared to the previous crises such
as the global financial crisis in 2008 and the European debt crisis in 2012-2013. Still, the banking sector
in Bulgaria suffers from the pandemic crisis due to decelerated growth rate of loans, provided to
households and non-financial enterprises, as well as declining profits related to the narrowing spread
between interest rates on loans and deposits. The pandemic crisis, which later turned into an economic
one, is having a negative impact on the efficiency of the banking system. To prove the negative impact of
the pandemic crisis on the efficiency of banks, the non-parametric method for measuring the efficiency,
the so-called Data envelopment analysis (DEA), is used.


Banks, Loans, Deposits, Efficiency.


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