Since 2014
Determinants of Financial Inclusion in Sub-Sahara African Countries
Covenant Journal of Business and Social Sciences
View Archive Info| Field | Value | |
| Title |
Determinants of Financial Inclusion in Sub-Sahara African Countries
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| Creator |
O. Oyelami, Lukman
M. Saibu, Olufemi S. Adekunle, Babatunde |
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| Description |
As the exclusion of large percentage of population has been identified as major obstacle to inclusive growth and development in developing countries of the world it is against this background this study investigates the determinants of financial inclusion in Sub-Saharan Africa using Panel Autoregressive Distributed Lag (ARDL). The results from the study reveal that financial inclusion in the region is meaningfully influenced by both demand side factors (level of income and literacy) and Supply side factors (Interest rate and bank innovation proxy by ATM usage). Government in the sub region should put policy in place to promote financial literacy and other forms of innovative banking in their respective country as this will go a long way in promoting financial inclusion in the region.
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| Publisher |
Covenant University
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| Contributor |
—
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| Date |
2017-12-23
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
https://journals.covenantuniversity.edu.ng/index.php/cjbss/article/view/700
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| Source |
Covenant Journal of Business and Social Sciences; Vol. 8 No. 2, Dec., 2017
2334-5708 2006-0300 |
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| Language |
eng
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| Relation |
https://journals.covenantuniversity.edu.ng/index.php/cjbss/article/view/700/482
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| Rights |
Copyright (c) 2017 Covenant Journal of Business and Social Sciences
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