Pub Date : 2024-05-10DOI: 10.11648/j.ijfbr.20241001.11
Clement Osei-Amoako, Kojo Aboagye-Debrah
This study explored the impact of public debt on bank behaviour and financial efficiency in Ghana amid rising global and national debt levels exacerbated by the COVID-19 pandemic’s economic repercussions. An exploratory research design employing a quantitative approach was used to analyze the perceptions of 201 banking professionals across Ghana. The study utilized cluster and purposive sampling techniques to ensure a representative sample. Data were collected on banks’ risk-averse behaviour, credit availability, interest rates, and investment decisions in relation to public debt levels, using survey instruments and regression analysis to quantify the impacts. The findings reveal significant concerns among banking professionals regarding the influence of high public debt on conservative lending practices, increased interest rates, reduced credit availability, and adverse effects on banks’ profitability and the financial system’s stability. Regression analysis confirmed a negative relationship between public debt and financial efficiency, indicating that rising public debt levels may hinder the sector’s operational effectiveness. These results underscore the critical need for strategic fiscal management to mitigate the risks associated with high public debt levels on financial stability and development. Policymakers and financial institutions are urged to consider measures that promote financial sector efficiency and sustainable debt levels, including fiscal consolidation strategies, diversification of investment portfolios, and enhancement of risk assessment models. This study contributes to the empirical discourse on the effects of public debt on financial development by providing insights specific to the Ghanaian context, which has been relatively underexplored.
{"title":"Public Debt and It’s Impact on Bank Behaviour and Financial Efficiency: Ghana in Perspective","authors":"Clement Osei-Amoako, Kojo Aboagye-Debrah","doi":"10.11648/j.ijfbr.20241001.11","DOIUrl":"https://doi.org/10.11648/j.ijfbr.20241001.11","url":null,"abstract":"This study explored the impact of public debt on bank behaviour and financial efficiency in Ghana amid rising global and national debt levels exacerbated by the COVID-19 pandemic’s economic repercussions. An exploratory research design employing a quantitative approach was used to analyze the perceptions of 201 banking professionals across Ghana. The study utilized cluster and purposive sampling techniques to ensure a representative sample. Data were collected on banks’ risk-averse behaviour, credit availability, interest rates, and investment decisions in relation to public debt levels, using survey instruments and regression analysis to quantify the impacts. The findings reveal significant concerns among banking professionals regarding the influence of high public debt on conservative lending practices, increased interest rates, reduced credit availability, and adverse effects on banks’ profitability and the financial system’s stability. Regression analysis confirmed a negative relationship between public debt and financial efficiency, indicating that rising public debt levels may hinder the sector’s operational effectiveness. These results underscore the critical need for strategic fiscal management to mitigate the risks associated with high public debt levels on financial stability and development. Policymakers and financial institutions are urged to consider measures that promote financial sector efficiency and sustainable debt levels, including fiscal consolidation strategies, diversification of investment portfolios, and enhancement of risk assessment models. This study contributes to the empirical discourse on the effects of public debt on financial development by providing insights specific to the Ghanaian context, which has been relatively underexplored.\u0000","PeriodicalId":425329,"journal":{"name":"International Journal of Finance and Banking Research","volume":" 5","pages":""},"PeriodicalIF":0.0,"publicationDate":"2024-05-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"140991982","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-12-11DOI: 10.11648/j.ijfbr.20230906.11
Yamen Nissi, Vladimir Simović, Marija Antonijevic
{"title":"The Determinants of Intention to Use Digital Banking Services in Kuwait","authors":"Yamen Nissi, Vladimir Simović, Marija Antonijevic","doi":"10.11648/j.ijfbr.20230906.11","DOIUrl":"https://doi.org/10.11648/j.ijfbr.20230906.11","url":null,"abstract":"","PeriodicalId":425329,"journal":{"name":"International Journal of Finance and Banking Research","volume":"22 19","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-12-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139010624","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-06DOI: 10.11648/j.ijfbr.20230904.11
Jundi Mohammed Yusuf, Anwar Adem Shikur
{"title":"Bank Regulations and Firm Performance: In the Case of Ethiopian Commercial Banks","authors":"Jundi Mohammed Yusuf, Anwar Adem Shikur","doi":"10.11648/j.ijfbr.20230904.11","DOIUrl":"https://doi.org/10.11648/j.ijfbr.20230904.11","url":null,"abstract":"","PeriodicalId":425329,"journal":{"name":"International Journal of Finance and Banking Research","volume":"86 2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-09-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128613868","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-08-05DOI: 10.11648/j.ijfbr.20230903.12
A. Akanbi, Uche Joe Uwaleke
{"title":"Domestic Public Debt and Economic Growth in Nigeria: Effect of Political Regimes","authors":"A. Akanbi, Uche Joe Uwaleke","doi":"10.11648/j.ijfbr.20230903.12","DOIUrl":"https://doi.org/10.11648/j.ijfbr.20230903.12","url":null,"abstract":"","PeriodicalId":425329,"journal":{"name":"International Journal of Finance and Banking Research","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-08-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133018571","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-07-08DOI: 10.11648/j.ijfbr.20230903.11
Tesfaye Eresso Gofe, Arega Seyoum Asfaw
The study intends to examine the literature on factors in�uencing capital structure decisions of commercial banks in Ethiopia in order to identify existing gaps and the degree of existing research in the subject, as well as to provide direction for future research. Due to a lack of studies for the stated review and access to the known database, the review was conducted utilizing eleven relevant and available scholarly papers that were published in any time period, primarily using open search engines and databases. To identify the articles, various key words were employed. The PRISMA framework was used to analyze the capital structure decisions study work. The review protocol outlined the inclusion and exclusion criteria. The descriptive analysis was performed based on different parameters to arrive at conclusions. The �ndings revealed that most of the variables of interest explored in the studies contradicted each other and the previous literature variables. The capital structure studies were conducted by considering few variables, and most of the studies were not cited. The �ndings regarding the theories supported by factors affecting the capital structure decisions of commercial banks in Ethiopia were contradictory and not justi�ed. The banking literature still doesn't cover the capital structure of banks very much. There is currently a lack of clarity regarding how banks determine their capital structure and what variables affect their corporate �nancing behaviour. Therefore, it is recommended that the concerned body conduct an in-depth study of the decisions banks make about their capital structure by identifying pertinent elements.
{"title":"Factors Affecting Capital Structure Decisions of Banks: A Systematic Literature Review Evidence from Commercial Banks of Ethiopia","authors":"Tesfaye Eresso Gofe, Arega Seyoum Asfaw","doi":"10.11648/j.ijfbr.20230903.11","DOIUrl":"https://doi.org/10.11648/j.ijfbr.20230903.11","url":null,"abstract":"The study intends to examine the literature on factors in�uencing capital structure decisions of commercial banks in Ethiopia in order to identify existing gaps and the degree of existing research in the subject, as well as to provide direction for future research. Due to a lack of studies for the stated review and access to the known database, the review was conducted utilizing eleven relevant and available scholarly papers that were published in any time period, primarily using open search engines and databases. To identify the articles, various key words were employed. The PRISMA framework was used to analyze the capital structure decisions study work. The review protocol outlined the inclusion and exclusion criteria. The descriptive analysis was performed based on different parameters to arrive at conclusions. The �ndings revealed that most of the variables of interest explored in the studies contradicted each other and the previous literature variables. The capital structure studies were conducted by considering few variables, and most of the studies were not cited. The �ndings regarding the theories supported by factors affecting the capital structure decisions of commercial banks in Ethiopia were contradictory and not justi�ed. The banking literature still doesn't cover the capital structure of banks very much. There is currently a lack of clarity regarding how banks determine their capital structure and what variables affect their corporate �nancing behaviour. Therefore, it is recommended that the concerned body conduct an in-depth study of the decisions banks make about their capital structure by identifying pertinent elements.","PeriodicalId":425329,"journal":{"name":"International Journal of Finance and Banking Research","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-07-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121668217","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-05-17DOI: 10.11648/j.ijfbr.20230902.11
Richard Arhinful, Leviticus Mensah, Jerry Seth Owusu-Sarfo
: The study aimed to discover how capital structures (capitalization ratios and debt-to-EBITDA ratios) affect the financial performance of Ghanaian financial institutions. The study selected 15 financial institutions in Ghana using a purposive sampling strategy. Ten (10) financial organizations are listed on the Ghana Stock Exchange, while the remaining five (5) are not. The data was gathered from their audited annual report. The Stata software analyzed the data into fixed and random effects. The Hausman specification test was used to determine the appropriate method to present the study results. The random effect was considered the appropriate method to present the study's findings. We discovered that the capitalization ratio has a negative effect on the net interest margin, loan-to-asset ratio
{"title":"The Impact of Capital Structure on the Financial Performance of Financial Institutions in Ghana","authors":"Richard Arhinful, Leviticus Mensah, Jerry Seth Owusu-Sarfo","doi":"10.11648/j.ijfbr.20230902.11","DOIUrl":"https://doi.org/10.11648/j.ijfbr.20230902.11","url":null,"abstract":": The study aimed to discover how capital structures (capitalization ratios and debt-to-EBITDA ratios) affect the financial performance of Ghanaian financial institutions. The study selected 15 financial institutions in Ghana using a purposive sampling strategy. Ten (10) financial organizations are listed on the Ghana Stock Exchange, while the remaining five (5) are not. The data was gathered from their audited annual report. The Stata software analyzed the data into fixed and random effects. The Hausman specification test was used to determine the appropriate method to present the study results. The random effect was considered the appropriate method to present the study's findings. We discovered that the capitalization ratio has a negative effect on the net interest margin, loan-to-asset ratio","PeriodicalId":425329,"journal":{"name":"International Journal of Finance and Banking Research","volume":"309 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-05-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128673977","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-31DOI: 10.11648/j.ijfbr.20230901.12
Karim Soussou, Abdelwahed Omri
: The purpose of this study was to evaluate the selectivity and timing performance and persistence in active Saudi mutual funds through a comparative work involving 100 Islamic funds against 51 conventional funds trading in Saudi TADAWUL stock Exchange from 2010 to 2015. We have split each group based on 6 regional investment categories: Local, International, Arab, Asian, European and American (US). We employed specific models to assess selectivity and timing performance. Then we investigated their persistence. Findings indicated superior selectivity with Arab Islamic funds compared to conventional peers and similar negative selectivity in both Islamic and conventional International funds. In addition, there was evidence of selectivity with US conventional funds, and none with Islamic peers. Furthermore, results showed significantly higher timing with local and Arab conventional funds compared to their respective Islamic peers. As for the performance persistence, there were signs of selectivity and timing persistence for both Islamic and conventional funds, mostly on local, International and Arab levels. Nevertheless, Islamic funds’ performance persistence in both skills was longer. Finally, both Islamic and conventional selectivity and timing were negatively correlated overall, indicating skills’ mutual exclusiveness and specialization. We recommend studying a larger sample, for a longer period. Different grouping may be applied, based on asset classes, i.e. Equity, Bond, Balanced, Income, etc. The study can even extend to a multi-market or multi-regional investigation i.e. MENA region.
{"title":"Analysis of Selectivity, Timing, Persistence and Correlation of Islamic vs. Conventional Saudi Mutual Funds","authors":"Karim Soussou, Abdelwahed Omri","doi":"10.11648/j.ijfbr.20230901.12","DOIUrl":"https://doi.org/10.11648/j.ijfbr.20230901.12","url":null,"abstract":": The purpose of this study was to evaluate the selectivity and timing performance and persistence in active Saudi mutual funds through a comparative work involving 100 Islamic funds against 51 conventional funds trading in Saudi TADAWUL stock Exchange from 2010 to 2015. We have split each group based on 6 regional investment categories: Local, International, Arab, Asian, European and American (US). We employed specific models to assess selectivity and timing performance. Then we investigated their persistence. Findings indicated superior selectivity with Arab Islamic funds compared to conventional peers and similar negative selectivity in both Islamic and conventional International funds. In addition, there was evidence of selectivity with US conventional funds, and none with Islamic peers. Furthermore, results showed significantly higher timing with local and Arab conventional funds compared to their respective Islamic peers. As for the performance persistence, there were signs of selectivity and timing persistence for both Islamic and conventional funds, mostly on local, International and Arab levels. Nevertheless, Islamic funds’ performance persistence in both skills was longer. Finally, both Islamic and conventional selectivity and timing were negatively correlated overall, indicating skills’ mutual exclusiveness and specialization. We recommend studying a larger sample, for a longer period. Different grouping may be applied, based on asset classes, i.e. Equity, Bond, Balanced, Income, etc. The study can even extend to a multi-market or multi-regional investigation i.e. MENA region.","PeriodicalId":425329,"journal":{"name":"International Journal of Finance and Banking Research","volume":"24 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125435115","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-03-03DOI: 10.11648/j.ijfbr.20230901.11
H. Marzouk, Wyème Ben Mrad Douagi
{"title":"Verbal Qualitative Information in the Daily \"La Presse\" and the Stock Performance of Tunisian Financial Companies","authors":"H. Marzouk, Wyème Ben Mrad Douagi","doi":"10.11648/j.ijfbr.20230901.11","DOIUrl":"https://doi.org/10.11648/j.ijfbr.20230901.11","url":null,"abstract":"","PeriodicalId":425329,"journal":{"name":"International Journal of Finance and Banking Research","volume":"17 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-03-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114952361","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-01-13DOI: 10.11648/j.ijfbr.20220806.11
Kibs Boaz Muhanguzi
{"title":"Strategic Management of Risk by Multinational Banks in Sub Saharan Africa","authors":"Kibs Boaz Muhanguzi","doi":"10.11648/j.ijfbr.20220806.11","DOIUrl":"https://doi.org/10.11648/j.ijfbr.20220806.11","url":null,"abstract":"","PeriodicalId":425329,"journal":{"name":"International Journal of Finance and Banking Research","volume":"75 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-01-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114276250","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2021-10-12DOI: 10.11648/J.IJFBR.20210705.13
Amos Ninson, Augustina Sidza, Dominic Ampah
The main purpose of the study was to examine the relationship among non-performing loans, Commercial Banks’ lending rate and financial performance of Commercial Banks in Ghana. The time series design was used along with the quantitative research approach. Secondary data on the selected variable and some control variables were accessed from the economic and monetary data base of the Central Bank of Ghana from 2006 to 2019 and used for the analysis. Both theoretical and empirical literature was reviewed to create a research gap for the study. Time series properties of the variables such stationarity and descriptive were done to assess the stability of the time series variables. The Augmented Dickey-Fuller unit-root test was used for the stationarity test since the time series plots indicated no possibility of serious structural breaks. Return on assets before tax, return on equity after tax, Commercial Banks interest rate, inflation and inter-banks interest rate were found to be significant determinants of Non-performing loans in the financial sector of Ghana. It was concluded that simultaneous relationships exist among the level of non-performing loans, Commercial Banks’ lending rate and financial performance of Banks in Ghana, hence anyone of them could serve as a lead variable or policy variable in ensuring a stable financial system in Ghana. It was recommended that the management of commercial banks must exploit other avenues of generating income such as direct project financing among others and reduce reliance on interest payment through increase in interest charges.
{"title":"The Nexus Among Non-performing Loans, Lending Rates and Financial Performance of Banks in Ghana","authors":"Amos Ninson, Augustina Sidza, Dominic Ampah","doi":"10.11648/J.IJFBR.20210705.13","DOIUrl":"https://doi.org/10.11648/J.IJFBR.20210705.13","url":null,"abstract":"The main purpose of the study was to examine the relationship among non-performing loans, Commercial Banks’ lending rate and financial performance of Commercial Banks in Ghana. The time series design was used along with the quantitative research approach. Secondary data on the selected variable and some control variables were accessed from the economic and monetary data base of the Central Bank of Ghana from 2006 to 2019 and used for the analysis. Both theoretical and empirical literature was reviewed to create a research gap for the study. Time series properties of the variables such stationarity and descriptive were done to assess the stability of the time series variables. The Augmented Dickey-Fuller unit-root test was used for the stationarity test since the time series plots indicated no possibility of serious structural breaks. Return on assets before tax, return on equity after tax, Commercial Banks interest rate, inflation and inter-banks interest rate were found to be significant determinants of Non-performing loans in the financial sector of Ghana. It was concluded that simultaneous relationships exist among the level of non-performing loans, Commercial Banks’ lending rate and financial performance of Banks in Ghana, hence anyone of them could serve as a lead variable or policy variable in ensuring a stable financial system in Ghana. It was recommended that the management of commercial banks must exploit other avenues of generating income such as direct project financing among others and reduce reliance on interest payment through increase in interest charges.","PeriodicalId":425329,"journal":{"name":"International Journal of Finance and Banking Research","volume":"60 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-10-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126200987","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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