COMMERCIAL BANKS PORTFOLIO AND ECONOMIC ACTIVITY IN NIGERIA: COMMERCIAL BANKS PORTFOLIO COMPOSITION AND THEIR IMPACT ON ECONOMIC ACTIVITY IN NIGERIA - Softcover

AJISAFE, Adebayo

Softcover

ISBN 10: 3843382921 ISBN 13: 9783843382922

Publisher: LAP LAMBERT Academic Publishing, 2010

Synopsis

The book project examined the impact of banks portfolio composition on economic activity in Nigeria. It aimed at examining the channels through which banks loans and investments influences the Gross Domestic Product (GDP). Secondary data were employed in the analysis of the work. In analysing the data, we made use of both desciptive and econometrics modelling techniques. The result of the analysis shows that there exist a strong relationship between the explanatory variables and the dependent variables. This can be seen from the result of the Coefficient of Determination (R2), which explains about 78 percent of the variations in the dependent variables. Also a positive relationship existed between the loans and Gross Domestic Product after two years. In the same vein, the investment portfolio of the bank also contributes significantly to the economy after the first year. The study thereby concludes that banks loans and investment variables have a greater and positive impact on the Gross Domestic Product within the period of study.

About this title

About the Author

The author of this book is a Senior Lecturer in the Department of Economics, Obafemi Awolowo University (OAU), Ile-Ife, Nigeria. He holds B.sc, M.sc,in Economics and M.Phil in Business Admin respectively. He is currently a PhD student in the Department of Economics, OAU. He specialises in Financial Economics and Mathemetical Economics.

Edition details

• Publisher: LAP LAMBERT Academic Publishing
• Publication date: 2010
• Language: English
• ISBN 10: 3843382921
• ISBN 13: 9783843382922
• Binding: Paperback
• Number of pages: 132