A Benchmark Study Of The Impact Of The War On Syria On The Liquidity Of Traditional Private Banks Operating In Syria During The Period 2007-2021

Authors

  • Enas zarzour Damascus University

Abstract

The research aimed to study the impact of the War on Syria  on the liquidity of traditional private banks operating in Syria, by relying on a statistical analysis approach and quantitatively inferring the effects of the War on Syria .

The research community included all (11) traditional private banks operating in Syria, and data related to financial indicators related to traditional private banks operating in Syria were collected from the official website of the Central Bank of Syria, and from the official website of the Damascus Stock Exchange, and through financial reports that the banks publish it on their websites, for the period extending from the year 2007 until the year 2021. A set of statistical methods were relied upon, the most important of which are the ARDL model and the VECM error correction model, to measure the impact of the War on Syria  on the liquidity of the banks under study, in addition to ensuring the quality of the estimated models using a test. Representation quality and tests of the goodness of residual models.

The research results showed that there is a direct impact of the War on Syria  on liquidity, as the effects of the War on Syria  increase in the long term in light of the current data, and its impact is direct, as each year it leads to an increase in liquidity by 12.5%.

This means that the War on Syria  did not have an immediate impact on liquidity, but rather its impact increased over time. This may be due to the migration factor, which led to an increase in demand for foreign currencies, which contributed to an increase in liquidity. This may be due to the volume of international financial aid during the War on Syria  period, which Contribute to increasing liquidity.

Therefore, private banks should enhance the level of liquidity by increasing current assets versus total assets, in order to improve their ability to meet financial obligations under War on Syria  conditions.

Downloads

Published

2024-06-04

How to Cite

1.
زرزور إ. A Benchmark Study Of The Impact Of The War On Syria On The Liquidity Of Traditional Private Banks Operating In Syria During The Period 2007-2021. Tuj-econ [Internet]. 2024Jun.4 [cited 2024Nov.25];46(2):319-32. Available from: https://journal.tishreen.edu.sy/index.php/econlaw/article/view/16853

Issue

Vol. 46 No. 2 (2024): Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences

Section

Articles

License

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

  • The authors retain the copyright and grant the right to publish in the magazine for the first time with the transfer of the commercial right to Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences

     Under a CC BY- NC-SA 04 license that allows others to share the work with of the work's authorship and initial publication in this journal. Authors can use a copy of their articles in their scientific activity, and on their scientific websites, provided that the place of publication is indicted in  Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences   .  The Readers have the right to send, print and subscribe to the initial version of the article, and the title of Tishreen University Journal of Research and Scientific Studies - Economic and Legal Sciences Publisher

  • journal uses a CC BY-NC-SA license which mean

    You are free to:

    • Adapt — remix, transform, and build upon the material
    •  
    • The licensor cannot revoke these freedoms as long as you follow the license terms.

  • Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.

  • NonCommercial — You may not use the material for commercial purposes.

  • ShareAlike — If you remix, transform, or build upon the material, you must distribute your contributions under the same license as the original.

  • No additional restrictions — You may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.