FINANCIAL PERFORMANCE EVALUATION OF THE NIGERIA DEPOSIT MONEY BANKS (2003-2007): A TIME SERIAL AND CROSS SECTIONAL CASE STUDY OF THREE SELECTED BANKS

📄 Project Abstract

Deposit Money Banks are the backbone of the economy of any country. They are the institutions specifically designed to further the capital formation process through the attraction of deposits and the extension of credit ( Dhanuskodi, Thangavelu, Venkatachalam & Sudalaimuthn, 2007). Despite these important roles, deposit money banks are exposed to financial risks among many other risks. Financial risks reflect possibility of loss associated with liquidity, capital adequacy, credit, profitability and market. These risks, if not properly identified, evaluated, monitored and controlled could jeopardize a bank's operations or undermine its financial conditions. In extreme cases, it could lead to a distressed or failed bank with its ripple effects on all bank stakeholders such as loss of deposits, investments, employment, credibility by depositors, shareholders, banks staff, and bank regulators, examiners, supervisors and auditors respectively. This Project uses growth models, capital adequa...