The effects of financial crises on stocks of the banking sector

The survey aims to reveal whether financial crises have a sign if cant effect on the banking sector. For this purpose, it is examined that whet her the BİST Bank Index in the periods of 2001-2002 and 2008-2009 periods where crises were directly affected, exhibit a meaning full difference compared too ther periods, or not. The data of the study consist of month-end values between 1997-2016, which are BİST Bank Index, Closing Prices of Banks, Industrial Production Index, Imports coverage rate of exports, Inflation and USD / TL variables. In the analysis of the data, Paired Sample T-Test and Regression analysis were used. As a result of there search, it was determined that the BİST Bank Index decreased significantly from 2000 to 2001 and from 2007 to 2008. According to findings, it was determined that the variables predicting the BİST Bank Index and the effect coefficients of these variables differed in crisis effective period and crisisin effective period.