Financial Risk Management and Financial Performance of International Authorisation Quoted Deposit Money Banks (DMBs) in Nigeria
Deposit money banks occupy vital position in every economic activity of a nation. This makes the banks to be proned to different aspects of business risk especially financial risk which could negatively affect the financial performance indicators of international authorized Nigerian Deposit Money Ba...
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Dunarea de Jos University of Galati
2021
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oai:doaj.org-article:de7d71a986fa43379bed9f44b8e1fb6c2021-11-16T15:34:28ZFinancial Risk Management and Financial Performance of International Authorisation Quoted Deposit Money Banks (DMBs) in Nigeria10.35219/eai158404092091584-0409https://doaj.org/article/de7d71a986fa43379bed9f44b8e1fb6c2021-09-01T00:00:00Zhttp://www.eia.feaa.ugal.ro/images/eia/2021_2/Okunbanjo-et-al.pdfhttps://doaj.org/toc/1584-0409Deposit money banks occupy vital position in every economic activity of a nation. This makes the banks to be proned to different aspects of business risk especially financial risk which could negatively affect the financial performance indicators of international authorized Nigerian Deposit Money Banks (DMBs). Hence, this study examined the influence of financial risk management on financial performance of international authorisation listed Nigerian DMB. The study employed expost facto research design and panel regression method of analysis covering the period of 2012-2019. The study concluded that financial risk management components affect financial performance measures- return on assets, return on equity as well as Tobin’s Q of the international authorisation banks. It is therefore recommends that for Nigeria international authorisation quoted DMB to achieve enhanced and sustained financial performance indicators, bank customer should be well scrutinize, improvement in capital base and loans loss provision should be well maintained.Charles Ayodele JEGEDE Yusuf Aina SOYEBO Segun Kamoru FAKUNMOJU Olajide Idowu OKUNBANJODunarea de Jos University of Galatiarticlefinancial risk managementfinancial performanceinternational categorised bankcapital adequacy ratioElectronic computers. Computer scienceQA75.5-76.95Economic theory. DemographyHB1-3840Economics as a scienceHB71-74ENAnnals of Dunarea de Jos University. Fascicle I : Economics and Applied Informatics, Vol 27, Iss 2, Pp 178-185 (2021) |
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financial risk management financial performance international categorised bank capital adequacy ratio Electronic computers. Computer science QA75.5-76.95 Economic theory. Demography HB1-3840 Economics as a science HB71-74 |
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financial risk management financial performance international categorised bank capital adequacy ratio Electronic computers. Computer science QA75.5-76.95 Economic theory. Demography HB1-3840 Economics as a science HB71-74 Charles Ayodele JEGEDE Yusuf Aina SOYEBO Segun Kamoru FAKUNMOJU Olajide Idowu OKUNBANJO Financial Risk Management and Financial Performance of International Authorisation Quoted Deposit Money Banks (DMBs) in Nigeria |
description |
Deposit money banks occupy vital position in every economic activity of a nation. This makes the banks to be proned to different aspects of business risk especially financial risk which could negatively affect the financial performance indicators of international authorized Nigerian Deposit Money Banks (DMBs). Hence, this study examined the influence of financial risk management on financial performance of international authorisation listed Nigerian DMB. The study employed expost facto research design and panel regression method of analysis covering the period of 2012-2019. The study concluded that financial risk management components affect financial performance measures- return on assets, return on equity as well as Tobin’s Q of the international authorisation banks. It is therefore recommends that for Nigeria international authorisation quoted DMB to achieve enhanced and sustained financial performance indicators, bank customer should be well scrutinize, improvement in capital base and loans loss provision should be well maintained. |
format |
article |
author |
Charles Ayodele JEGEDE Yusuf Aina SOYEBO Segun Kamoru FAKUNMOJU Olajide Idowu OKUNBANJO |
author_facet |
Charles Ayodele JEGEDE Yusuf Aina SOYEBO Segun Kamoru FAKUNMOJU Olajide Idowu OKUNBANJO |
author_sort |
Charles Ayodele JEGEDE |
title |
Financial Risk Management and Financial Performance of International Authorisation Quoted Deposit Money Banks (DMBs) in Nigeria |
title_short |
Financial Risk Management and Financial Performance of International Authorisation Quoted Deposit Money Banks (DMBs) in Nigeria |
title_full |
Financial Risk Management and Financial Performance of International Authorisation Quoted Deposit Money Banks (DMBs) in Nigeria |
title_fullStr |
Financial Risk Management and Financial Performance of International Authorisation Quoted Deposit Money Banks (DMBs) in Nigeria |
title_full_unstemmed |
Financial Risk Management and Financial Performance of International Authorisation Quoted Deposit Money Banks (DMBs) in Nigeria |
title_sort |
financial risk management and financial performance of international authorisation quoted deposit money banks (dmbs) in nigeria |
publisher |
Dunarea de Jos University of Galati |
publishDate |
2021 |
url |
https://doaj.org/article/de7d71a986fa43379bed9f44b8e1fb6c |
work_keys_str_mv |
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