DO MONETARY POLICIES REALLY INFLUENCE PERFORMANCE OF BANKS IN NIGERIA?
Article Abstract
This research looked into how monetary policy can affect bank profitability in Nigeria. To fulfill study objectives, return on equity (ROE) and return on assets (ROA) were utilized to measure monetary policy and performance. The study was descriptive. Secondary data from selected banks' annual financial reports and CBN bulletins from 2016-2020 were used. A simple linear regression was used to assess secondary data. Unlike prior studies, the study found no substantial link between cash reserve ratio and lending interest rate profitability in Nigeria. That monetary policy has no major impact on the profitability of the selected Nigerian banks. As a result, the link between monetary policies and bank performance was established.
Indexed Terms
Monetary Policy
Cash ratio
Return on Equity
Interest Rate and Performance
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How to Cite this Article
Akinsanmi Fatima Jummai, Oladele Rotimi, Alabi Olabisi. "DO MONETARY POLICIES REALLY INFLUENCE PERFORMANCE OF BANKS IN NIGERIA?." KIU Interdisciplinary Journal of Humanities and Social Sciences , vol. 3 , no. 1 , 2022 , pp. 131-150