Determinants of bank credit growth in Nigeria 1980-2010
European Journal of Sustainable Development
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Title |
Determinants of bank credit growth in Nigeria 1980-2010
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Creator |
Akinlo, A. Enisan
Oni, I. Oluwafemi |
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Description |
The paper analyses the dominant factors influencing bank credit to private sector in Nigeria over the period 1980-2010 using the error correction modeling technique. The results show that broad money, cyclical risk premium and liquidity ratio tend to increase credit to the private sector. However, prime lending rate and reserve ratio lead to a reduction in credit to the private sector. Private credit increases with inflation, but not one to one, meaning that inflation tends to dampen real bank credit to the private sector. Key Words: credit growth, banking sector, industry, error correction model.
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Publisher |
European Center of Sustainable Development
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Contributor |
—
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Date |
2015-02-01
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
http://www.ecsdev.org/ojs/index.php/ejsd/article/view/216
10.14207/ejsd.2015.v4n1p23 |
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Source |
European Journal of Sustainable Development; Vol 4, No 1; 23-30
2239-6101 2239-5938 |
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Language |
eng
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Relation |
http://www.ecsdev.org/ojs/index.php/ejsd/article/view/216/207
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Rights |
This work is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License.Authors of articles published in the European Journal of Sustainable Development retain copyright on their articles. Authors are therefore free to disseminate and re-publish their articles, subject to any requirements of third-party copyright owners and subject to the original publication being fully cited. The ability to copy, download, forward or otherwise distribute any materials is always subject to any copyright notices displayed. Copyright notices must be displayed prominently and may not be obliterated, deleted or hidden, totally or partially.
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