0704-883-0675     |      dataprojectng@gmail.com

EFFECT OF MONETARY POLICY ON FINANCIAL PERFORMANCE OF LISTED DEPOSIT MONEY BANKS IN NIGERIA

  • Project Research
  • 1-5 Chapters
  • Abstract : Available
  • Table of Content: Available
  • Reference Style: APA
  • Recommended for : Student Researchers
  • NGN 3000

ABSTRACT

This study investigated the effect of monetary policy on the financial performance of twelve listed Deposit Money Banks (DMBs) in Nigeria over ten (10) years (2010 – 2019). Monetary policy is proxied by Loan to Deposit Ratio (LDR), Loan to Asset Ratio (LAR), and Central Bank of Nigeria Lending Rate (CBNLR), while financial performance was proxied by Return on Asset (ROA). The theory of financial intermediation and the institutional theory formed the bedrock of this investigation. The study adopted the ex-post facto research design. Secondary data used in the study were obtained from the audited financial statements of the sampled DMBs listed on the Nigerian Stock Exchange (NSE). Descriptive statistics, Pearson correlation and panel regression model were employed for data analyses using STATA version 13. The results showed that LDR has a significant positive effect on the financial performance of DMBs listed in Nigeria. This result is consistent with the two theories used in the study. The result further indicated that LAR has a significant negative effect on the financial performance of DMBs listed in Nigeria. Also, the study revealed that CBNLR has an insignificant negative effect on the financial performance of listed DMBs. Following from the above findings, the study recommended that the management of DMBs in Nigeria should seek to increase the LDR of their respective banks to enhance their profitability. Furthermore, DMBs should not rely on LAR and CBNLR as a financial performance-enhancing strategy since the outcome of the study indicated their effects as negative and mixed respectively. The study also recommended that further research should include unquoted DMBs operating in Nigeria to enhance the generalization of the findings.





Related Project Materials

CAUSES AND PREVENTION OF DANGERS IN THE AREA OF FOOD PREPARATION

BACKGROUND OF THE STUDY

Occupational dangers pose a significant threat to an active workforce. Fricidences such as back...

Read more
IMPACT OF FORMAL EDUCATION ON COMMUNITY DEVELOPMENT IN OREDO LOCAL GOVERNMENT, EDO STATE

Abstract

The broad objective of this study is to examine the impact of formal education on community development in Ored...

Read more
THE IMPACT OF ECONOMIC POLICIES ON THE BUSINESS ENVIRONMENT

ABSTRACT: THE IMPACT OF ECONOMIC POLICIES ON THE BUSINESS ENVIRONMENT

The primary obje...

Read more
EFFECTS OF GUIDED DISCOVERY AND THINK-PAIR SHARE METHODS ON ACADEMIC PERFORMANCE OF ECONOMICS STUDENTS IN COLLEGES OF EDUCATION

ABSTRACT

The study investigated the effects of guided discovery and think-pair-share method of teaching on academic performance in econom...

Read more
DEVELOPMENT OF AUTOMOBILE DISK BRAKE PADS USING ECOFRIENDLY PERIWINKLE SHELL AND FAN PALM SHELL MATERIALS

Excerpt from the Study

The problem identified by this research is health risk associatedwith the use of asbestos as a fr...

Read more
ANALYSIS OF THE LEGAL AND INSTITUTIONAL FRAMEWORKS FOR THE PROTECTION OF INTELLECTUAL PROPERTY RIGHTS IN NIGERIA

ABSTRACT

The subject of intellectual property rights without doubt, has attained considerable universal prominence, especially in its eve...

Read more
EVALUATING GENOMIC DEOXYRIBONUCLEIC ACID (gDNA) OF PARENTS AND OFFSPRING TOWARDS DETERMINING RICKETS HEREDITARY LINK IN GONIN GORA, KASO AND JANKASA COMMUNITIES IN KADUNA STATE

ABSTRACT

Rickets is still a debilitating disease in various communities of Jankasa, Kaso and Gonin Gora in which about 3-7 percent of the...

Read more
AN EXAMINATION OF FACTORS RESPONSIBLE FOR THE BEHAVIOR OF WOMEN TOWARDS FAMILY PLANNING IN NIGERIA

Background of the Study

Family planning is the process of having a specific number of children at intervals acceptable b...

Read more
THE DESIGN AND IMPLEMENTATION OF SAVE A SOUL MOBILE APPLICATION

ABSTRACT

Save a Soul project objective is to handle donations and connect the donators with the receivers through a mobi...

Read more
MASS MEDIA AS TOOLS FOR SOCIAL DEVELOPMENT

ABSTRACT

 

The study focuses on mass media as tools for social development with a focus on Osun State...

Read more
Share this page with your friends




whatsapp