Financial Deepening And Financial Performance Of Deposit Money Banks In Nigeria

YUSUFF, M.A and OLANIRAN-AKINYELE, F.O (2019) Financial Deepening And Financial Performance Of Deposit Money Banks In Nigeria. Advances in Social Sciences Research Journal, 6 (11). pp. 179-191.

[img] Text
YUSUFFM.A3.pdf

Download (376kB)

Abstract

This study examines the effect of financial deepening on financial performance of Nigerian Deposit Money Banks using time-series data spanning 1990Q1-2017Q4. The financial performance is expressed by return on assets (ROA) and return on equity (ROE) with total bank liability, private sector credit and market capitalization as measure of financial deepening. The technique of analysis deployed is autoregressive distributed lag (ARDL) to co integration. The findings show that the effect of total bank liability is positive and significant. Market capitalization and private sector credit on the other hand exert negative and significant effect. The study concludes that financial deepening affect financial performance of Deposit Money Banks in Nigeria. It then recommends effective loan recovery strategy to mitigate the negative influence of private sector credit due to non-performing loans.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HF Commerce
H Social Sciences > HG Finance
Divisions: Faculty of Law, Arts and Social Sciences > School of Management
Depositing User: Miss Ayomikun Ogunbadejo
Date Deposited: 20 Jun 2020 18:05
Last Modified: 20 Jun 2020 18:05
URI: http://eprints.federalpolyilaro.edu.ng/id/eprint/590

Actions (login required)

View Item View Item