Effects of monetary policy on the banking system stability in Nigeria

dc.contributor.authorBamidele, A.
dc.contributor.authorMusa, J.
dc.contributor.authorBala-Keffii, L.
dc.contributor.authorOwolabi, O.
dc.contributor.authorImam, S.
dc.date.accessioned2018-10-16T09:25:41Z
dc.date.available2018-10-16T09:25:41Z
dc.date.issued2015-06
dc.description.abstractThe paper examined the effect of monetary policy on banking system stability in Nigeria. The main objective was to evaluate how monetary policy affected the banking system stability during the global financial crisis in Nigeria. Static and dynamic error correction models were estimated using monthly data from January 2007 to June 2013 and the error correction model was found most efficient. The banking system stability index was computed using banking soundness index, banking vulnerability index and economic climate index. The results showed that increase in monetary policy rate, depreciation of nominal exchange rate and rising inflation rate negatively affected the banking system stability.en_US
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dc.description.provenanceMade available in DSpace on 2018-10-16T09:25:41Z (GMT). No. of bitstreams: 1 Efects of monetary policy on the banking system stability in nigeria.pdf: 968503 bytes, checksum: 012b2d2f4627cf71d64caae91f0982eb (MD5) Previous issue date: 2015-06en
dc.description.sponsorshipCentral Bank of Nigeriaen_US
dc.identifier.citationBamidele, A., Musa, J., Bala-Keffi, L., Owolabi, O., Imam, S. (2005). Effects of monetary policy on the banking system stability in Nigeria. Economic and Financial Review, 53(2), 1-18.en_US
dc.identifier.issn1957-2968
dc.identifier.urihttp://repo.cbn.gov.ng/jspui/handle/123456789/351
dc.language.isoenen_US
dc.publisherCentral Bank of Nigeria, Research Departmenten_US
dc.relation.ispartofseriesVol. 53;No. 2
dc.subjectMonetary Policyen_US
dc.subjectBanking System Stabilityen_US
dc.subjectNigeriaen_US
dc.titleEffects of monetary policy on the banking system stability in Nigeriaen_US
dc.typeArticleen_US

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