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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Autores principales: Charles Ayodele JEGEDE, Yusuf Aina SOYEBO, Segun Kamoru FAKUNMOJU, Olajide Idowu OKUNBANJO
Formato: article
Lenguaje:EN
Publicado: Dunarea de Jos University of Galati 2021
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Acceso en línea:https://doaj.org/article/de7d71a986fa43379bed9f44b8e1fb6c
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spelling 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)
institution DOAJ
collection DOAJ
language EN
topic 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
spellingShingle 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
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AT segunkamorufakunmoju financialriskmanagementandfinancialperformanceofinternationalauthorisationquoteddepositmoneybanksdmbsinnigeria
AT olajideidowuokunbanjo financialriskmanagementandfinancialperformanceofinternationalauthorisationquoteddepositmoneybanksdmbsinnigeria
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