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Academic Journal of Business & Management, 2022, 4(16); doi: 10.25236/AJBM.2022.041609.

Analysis of Risk for Online Banks during the COVID-19


Yuzhu Xia

Corresponding Author:
Yuzhu Xia

Business School, University of Southampton, Southampton, UK


This article analyses the risk of UK online banks during COVID-19 by virtualising a bank, Bank Alpha, based on a real UK online bank. The article produces a risk report for 2019 and 2020 in terms of credit risk, operational risk and liquidity risk, and draws a visual risk matrix. Throughout the report it is clear that the spread of the epidemic has largely contributed to the growth and expansion of online banking, but the risks associated with the epidemic are undeniably evident and significantly higher in 2020 than in 2019. The negative impact of the epidemic can be mitigated to a certain extent by controlling and reducing the risk through countermeasures such as artificial intelligence systems and ABS. With the measures mentioned in the article, the risks encountered by Bank Alpha can all be contained within acceptable limits.


Online bank, Risk analysis, Risk matrix, COVID-19

Cite This Paper

Yuzhu Xia. Analysis of Risk for Online Banks during the COVID-19. Academic Journal of Business & Management (2022) Vol. 4, Issue 16: 51-57. https://doi.org/10.25236/AJBM.2022.041609.


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