Effect of Interest Rate Determinants on the Aggregate Performance of Deposit Money Banks in Nigeria’s Banking Sector

International Journal of Finance & Banking Studies (2147-4486) Pub Date : 2018-06-30 DOI:10.20525/IJFBS.V6I6.849

O. Owolabi, Ibukun Omoshola Fayemi

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引用次数: 1

Abstract

This study explores the effect of selected interest rate determinants and their significance on the performance of Deposit money banks in Nigeria, and whether the determinants are significantly different between High performance and low performance periods, over the period of 1998 to 2015. Multivariate ordinary least squares regression and paired samples t-test were employed in performing the study. The findings of Multivariate ordinary least squares regression revealed that exchange rate has a positive and statistically significant effect on deposit money bank performance, Monetary policy rate and Credit Risk have a negative and statistically significant effect on deposit money bank performance , while Inflation rate and savings deposit rate have a statistically insignificant effect on deposit money bank performance. Results of paired samples t-test revealed significant difference in means of determinants. The study recommends Naira devaluation and reduction of monetary policy rate amongst other recommendations to boost bank performance in Nigeria

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利率决定因素对尼日利亚银行业存款银行总体绩效的影响

本研究探讨了在1998年至2015年期间，选定的利率决定因素及其对尼日利亚存款货币银行业绩的影响，以及这些决定因素在高绩效和低绩效期间是否存在显著差异。采用多元普通最小二乘回归和配对样本t检验进行研究。多元普通最小二乘回归结果显示，汇率对储蓄货币银行绩效的影响为正且具有统计学意义，货币政策利率和信用风险对储蓄货币银行绩效的影响为负且具有统计学意义，而通货膨胀率和储蓄存款利率对储蓄货币银行绩效的影响不具有统计学意义。配对样本t检验结果显示，决定因素均值差异显著。该研究建议奈拉贬值和降低货币政策利率，以及其他提高尼日利亚银行业绩的建议

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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International Journal of Finance & Banking Studies (2147-4486)

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