Monetary Policies and the Achievement of Bank Profit Objective

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dc.creatorOmankhanlen, A. E, Ilori, Noah, Isibor, Areghan Akhanolu, Okoye, Lawrence U.
dc.date2021
dc.date.accessioned2025-04-04T18:01:52Z
dc.descriptionTis study examined the nexus between monetary policy and the achievement of a bank’s proft objective. Tere have been lots of arguments about the benefts of monetary policy implementation on deposit money bank’s operations, since the policies have been seen to impact on their performance. Tis study was carried out to establish the influence of variables like Liquidity Ratio, Interest and Money supply (M2), which are used as monetary policy instruments, on deposit money bank proftability objective. Te study covers the period from 2002-2019. Te Auto Regressive Distributed Lag and Error correction model were adopted in the analysis of the data. Te study revealed that there was a positive long run relationship between Liquidity Ratio and deposit money bank’s proftability; there also existed a negative long run relationship between interest rate and deposit money bank proftability; lastly, there existed a positive long run relationship between Money Supply (M2) and deposit money bank’s proftability. Based on the fndings, monetary authorities should put in place measures for Liquidity ratio, interest rates and M 2 implementation to aid deposit money banks operations in the achievement of their proft objective.
dc.formatapplication/pdf
dc.identifierhttp://eprints.covenantuniversity.edu.ng/14955/
dc.identifier.urihttps://repository.covenantuniversity.edu.ng/handle/123456789/44580
dc.languageen
dc.subjectH Social Sciences (General), HG Finance
dc.titleMonetary Policies and the Achievement of Bank Profit Objective
dc.typeArticle

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