This study examines the performance of the Nigerian money deposit banks for the period 2008 to
2012. Past studies attempted to measure the performance and efficiency of the banking industry using
different kinds of performance indicators such as outputs, costs, financial measures, economic measures
to include Total Factor Productivity (TPF) among others. But in this study, the researchers focused
on another aspect by adopting the Performance Indexing Model developed by Suat, Dilek &
Oya (2011), to determine the performance levels of these banks when subjected to ranking. The study
covered eleven (11) Nigerian money deposit banks listed in the Nigerian Stock Exchange Market. This
was augmented by Time Series Panel Data Analysis to determine the magnitude of performance characteristics
of the selected banks. Findings showed that, there is a significant and positive relationship
between money deposit banks and the performance characteristics. It also showed that Access Bank
is dominating as the best performer as indicated by Performance Index and that the model (PIM) is
suitable for measuring money deposit banks performance as against the traditional method of using
financial measurement only. It was recommended that Money deposit banks should not be measured
by financial reports only, but should include management efficiency, capital adequacy, and asset quality
among others (performance characteristics).
MAKINDE, K. (2018). EMPIRICAL STUDY ON MEASUREMENT OF PERFORMANCE OF NIGERIAN MONEY DEPOSIT BANKS. Afribary. Retrieved from https://afribary.com/works/empirical-study-on-measurement-of-performance-of-nigerian-money-deposit-banks
MAKINDE, KAZEEM OLAJIDE "EMPIRICAL STUDY ON MEASUREMENT OF PERFORMANCE OF NIGERIAN MONEY DEPOSIT BANKS" Afribary. Afribary, 15 Mar. 2018, https://afribary.com/works/empirical-study-on-measurement-of-performance-of-nigerian-money-deposit-banks. Accessed 05 Nov. 2024.
MAKINDE, KAZEEM OLAJIDE . "EMPIRICAL STUDY ON MEASUREMENT OF PERFORMANCE OF NIGERIAN MONEY DEPOSIT BANKS". Afribary, Afribary, 15 Mar. 2018. Web. 05 Nov. 2024. < https://afribary.com/works/empirical-study-on-measurement-of-performance-of-nigerian-money-deposit-banks >.
MAKINDE, KAZEEM OLAJIDE . "EMPIRICAL STUDY ON MEASUREMENT OF PERFORMANCE OF NIGERIAN MONEY DEPOSIT BANKS" Afribary (2018). Accessed November 05, 2024. https://afribary.com/works/empirical-study-on-measurement-of-performance-of-nigerian-money-deposit-banks