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The Impact of Business Continuity Planning on Banking Resilience, Financial Stability, and Economic Growth in Kosovo

In: Economic Resilience and Sustainability - Vol. 2

Author

Listed:
  • Fisnik Zogaj

    (South East European University, Faculty of Contemporary Sciences and Technologies)

Abstract

This study examines the role of Business Continuity Planning (BCP) in enhancing banking resilience, financial stability, and economic growth in Kosovo. Using comparative case studies from Europe and India, the research evaluates the effectiveness of BCP frameworks in mitigating financial disruptions and supporting operational continuity. Quantitative data collected from major banks in Kosovo reveal that robust BCP practices significantly strengthen resilience and promote financial sector stability. Key recommendations include aligning BCP strategies with emerging risks, enhancing scenario-based stress testing, improving staff training, and embedding resilience into organizational culture. The findings aim to inform policymakers and financial institutions on strengthening crisis preparedness in Kosovo’s banking sector (Swamy, 2013; Aronis & Stratopoulos, 2016; ONO, 2020; Khiaonaron, 2021; World Bank, 2022; Deloitte, 2020).

Suggested Citation

  • Fisnik Zogaj, 2026. "The Impact of Business Continuity Planning on Banking Resilience, Financial Stability, and Economic Growth in Kosovo," Springer Proceedings in Business and Economics, in: Abdylmenaf Bexheti & Veland Ramadani & Hyrije Abazi-Alili & Christina Theodoraki & Gadaf Rexhepi & B (ed.), Economic Resilience and Sustainability - Vol. 2, chapter 0, pages 509-521, Springer.
    • Handle: RePEc:spr:prbchp:978-3-032-04214-9_31
    DOI: 10.1007/978-3-032-04214-9_31
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