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Performance and productivity changes in microfinance banks in South-West Nigeria

Bio-based and Applied Economics

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Title Performance and productivity changes in microfinance banks in South-West Nigeria
 
Creator Olasupo, Musa A.; CENTRAL BANK OF NIGERIA
Afolami, Caroline A.; FEDERAL UNIVERSITY OF AGRICULTURE (FUNAAB), ABEOKUTA, OGUN STATE, NIGERIA.
Shittu, Adebayo M.; FEDERAL UNIVERSITY OF AGRICULTURE (FUNAAB), ABEOKUTA, OGUN STATE, NIGERIA.
Agboola, A.A.A.
 
Subject Microfinance banks; performance; Malmquist productivity index; productivity changes
O16
 
Description The Nigerian Microfinance sub-sector is yet to attain the desired level of global best practice. This paper thus investigated the performance and productivity changes of MFBs in South-West Nigeria, from 2006 to 2010, having had the Microfinance Policy launched in 200. From the use of relevant accounting ratios, the study revealed that only 16% of the sampled MFBs met the recommended maximum PAR value of 5% in 200. It was also revealed that 31% of the sampled MFBs reported a debt/equity ratio above the recommended value of 2 in 2006, while 32% had gearing of over 2 in 2010. The Malmquist productivity index revealed that the MFBs experienced fluctuating performances in their productivity changes, with pure technical efficiency improvements in 2007 and 2009. Overall, the performance and productivity changes experienced by the MFBs depicted a sub-sector with huge potentials and hence require nurturing to achieve its goals.
 
Publisher Bio-based and Applied Economics
Bio-based and Applied Economics
 
Contributor
 
Date 2014-07-21
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://www.fupress.net/index.php/bae/article/view/13551
http://www.fupress.net/index.php/bae/article/download/13551/14263
10.13128/BAE-13551
 
Source Bio-based and Applied Economics; Vol 3, No 3 (2014): Feeding the Planet and Greening Agriculture: Challenges and opportunities for the bio-economy; 271-283
Bio-based and Applied Economics; Vol 3, No 3 (2014): Feeding the Planet and Greening Agriculture: Challenges and opportunities for the bio-economy; 271-283
2280-6172
2280-6180
 
Language eng
 
Relation 10.13128/BAE-13551