BANKS NOVELTIES AND FINANCIAL PERFORMANCE OF COMMERCIAL BANKS IN GHANA

ABSTRACT The chief thrust of this work is to examine the stimulus banks novelties has on fiscal performance in Ghana profitable banks listed. This research selected these banks registered on the interchange market to avoid issues of subjective outcomes which may lead to sceptical issues later on. Specifically, the study sought to: look at, the influence bank innovations have on net interest margin in Ghana commercial banks, scrutinise the stimulus banks novelties has on earning per shares in Ghana viable banks and assess how innovations within the banks affect net profit of Ghana commercial banks. This research made used of explanatory study design and used Stata to process the data in the form of Panel ordinary least square. It was recognised that automated teller machine had momentous and adverse result on net interest margin but has no significant effect on the other performance indicator. It was further realised that, mobile banking decreases earnings per share of shareholders and increases net profit for the banks but has no effect on net interest margin. Finally, internet banking increases earnings per share of the banks but decreases both net interest margin and net profit of Ghana commercial. The banks size also increases net interest margin. Growth opportunities in banks also decreases earnings per share. The research resolved that, innovations had momentous influence on monetary performance in Ghana commercial banks. The research commended, for Ghana profit-making banks to increase its net profit margin, it must concentrate more on mobile banking services. They must pay attention to their bank size as well and ATM. It was further recommended that commercial banks must pay key attention to mobile banking in order to maximise their net profit.