IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

The Effect of Monetary Policy on the Nigerian Deposit Money Bank System

The Effect of Monetary Policy on the Nigerian Deposit Money Bank System
View Sample PDF
Author(s): Alex Ehimare Omankhanlen (Department of Banking and Finance, Covenant University, Ota, Ogun State, Nigeria)
Copyright: 2014
Volume: 3
Issue: 1
Pages: 14
Source title: International Journal of Sustainable Economies Management (IJSEM)
Editor(s)-in-Chief: Dorel Dusmanescu (Petroleum - Gas University of Ploiesti, Romania), Andrei Jean-Vasile (Petroleum - Gas University of Ploiesti, Romania) and Gheorghe H. Popescu (Sfântul Pantelimon Emergency Hospital, Romania)
DOI: 10.4018/ijsem.2014010104

Purchase

View The Effect of Monetary Policy on the Nigerian Deposit Money Bank System on the publisher's website for pricing and purchasing information.

Abstract

This study investigates the effect of monetary policy on the Nigerian Deposit Money Bank (DMB) System. The Nigerian banking system is currently under-going a series of reforms in order to enhance its competitiveness and efficiency. The Ordinary Least Square (OLS) method is used to examine the effect of monetary policy on the Nigerian Deposit Money Bank System, using such variables as total loans and advances (TLA) as dependent variable and liquidity ratio (LR),cash reserve ratio (CRR), monetary policy rate (MPR), and average exchange rate (AER) as independent variables. The result of the findings shows that monetary policy rate reveal the most significant effect on commercial banks loans and advances during the period under study. The study thus recommends, among others, that the regulatory authority Central Bank of Nigeria should create credit procedures, policies and analytical capabilities which should be entrenched in the credit management of DMB's operations.

Related Content

A Review of Heat Stress Policies in the Context of Climate Change and Its Impacts on Outdoor Workers: Evidence From Zimbabwe
Bigboy Ngwenya, Jacques Oosthuizen, Martyn Cross, Kwasi Frimpong, Cynthia Nombulelo Chaibva. © 2018. 11 pages.
View Details View Details PDF Full Text View Sample PDF
Analysis of Solar Farm Site Selection Based on TOPSIS Approach
Mohammad Alhuyi Nazari, Alireza Aslani, Roghayeh Ghasempour. © 2018. 14 pages.
View Details View Details PDF Full Text View Sample PDF
Exploring the Relationship Between Tourism Development, Energy Consumption and Carbon Emissions: A Case Study of Tunisia
Habib Sekrafi, Asma Sghaier. © 2018. 14 pages.
View Details View Details PDF Full Text View Sample PDF
Socioeconomic Status of Artisanal Fishers in the West Part of Moroccan Mediterranean
Hesham Awadh, Mustapha Aksissou, Wafae Benhardouze, Fahd Darasi, Jaafar Snaiki. © 2018. 13 pages.
View Details View Details PDF Full Text View Sample PDF
The Triple Helix in Indonesian Sustainable Crab Industry: Towards a Good Role Model
Bulan Prabawani. © 2018. 12 pages.
View Details View Details PDF Full Text View Sample PDF
The Awareness and Impact of Carbon Capture and Storage (CCS) on Climate Change in Malaysia
Zulkipli Ghazali, Muhammad Zahid. © 2018. 15 pages.
View Details View Details PDF Full Text View Sample PDF
“Sasi”: A New Path to Sustain Seaweed Farming From Up-Stream to Down-Stream in Kotania Bay, Molucass
Ivonne Raystika Gretha Kaya, Johannes Hutabarat, Azis Nur Bambang. © 2018. 9 pages.
View Details View Details PDF Full Text View Sample PDF
Body Bottom