Impact Of Deposit Money Bank Credits On Economic Growth

This study examines the influence of deposit money bank credits on Nigeria's economic growth. The primary objective is to investigate how deposit money bank credits impact Nigeria's economic growth from 1981 to 2016. The study utilizes a model where real gross domestic product (RGDP) serves as the dependent variable, representing economic growth. The independent variables are commercial bank credit (CBC) and interest rate (INTR), and the analysis employs ordinary least squares (OLS) techniques.

The empirical findings indicate a negative and statistically insignificant relationship between commercial bank credit and interest rates with economic growth in Nigeria. According to the Granger causality test, there is no causal relationship between inflation rate and interest rate with real gross domestic product (RGDP) in Nigeria. Furthermore, no causal relationship exists between interest rates and RGDP, and similarly, there is no causal relationship between commercial bank credit (CBC) and interest rate (INTR).

Based on these results, the researcher recommends that the Central Bank of Nigeria and other monetary authorities should consider reducing interest rates charged on loans from commercial banks by lowering bank rates and adjusting deposit requirements. This adjustment aims to increase fund availability for potential investors, thereby boosting national output through increased production

Title page
Approval page
Certification
Dedication
Acknowledgement
Table of content
Abstract

CHAPTER ONE: INTRODUCTION
1.1 Introduction
1.2 Statement of the Problem
1.3 Research Questions
1.4 Objective of the Study
1.5 Statement of Hypothesis
1.6 Significance of the Study
1.7 Scope and Limitation of the Study

CHAPTER TWO: LITERATURE REVIEW
2.1 Conceptual Literature Review
2.1.1 Concept of Commercial Bank Loans (credits)
2.1.2 Concept of Economic Growth
2.2 Theoretical Literature
2.2.1 Theories of Bank Credit
2.2.2 Theories of Economic Growth
2.3 Empirical literature
2.4 Limitations of the Previous Studies/Gap

CHAPTER THREE: METHODOLOGY AND MODEL SPECIFICATION
3.1 Theoretical Framework
3.2 Model Specification
3.3 Method of Evaluation
3.4 Data Required and Source
3.5 Statistical Package Used

CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS OF RESULT
4.1 The Empirical Results
4.2 regression result
4.3 Evaluation of Regression Result
4.4 Evaluation of Research Result
4.5 Implication Results

CHAPTER FIVE: SUMMARY OF FINDINGS, CONCLUSION AND RECOMMENDATIONS
5.1 Summary of Finding
5.2 Conclusion
5.3 Recommendation
References
Time series data
Appendix

• Effect Of Interest Rate On Loan Recovery Of Deposit Money Bank
• Debt Recovery Procedures Of Deposit Money Banks In Nigeria
• Effects Of Social Media On Nigerian Deposit Money Banks Service Delivery
• Appraisal Of Internal Control System As A Mean Of Efficiency And Profitability In The Nigeria Money Deposit
• Effect Of Flexible Work Arrangements On Employee Motivation And Job Performance In Deposit Money Banks
• Appraisal Of The Lending And Credit Management Policies Of A Typical Money-Deposit Bank
• Impact Of Corporate Risk Management On The Nigerian Deposit Money Banks Profitability

• Economics Project Topics and Materials