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Impact of Interest Rates on the Financial Performance of Deposit Money Banks in Nigeria

The study examined the impact of interest rates on the financial performance of deposit money banks (DMBs) in Nigeria. Interest rate was proxied with lending interest rate (LIR) and deposit interest rate (DIR) alongside control variables such as inflation rate (INFR) and exchange rate (EXHR), on the financial performance of deposit money banks (DMBs) in Nigeria, as proxied by return on assets (ROA). Spanning a 34-year period from 1991 to 2024, the study employed an expost facto research design, utilizing secondary data sourced from the Central Bank of Nigeria Statistical Bulletin and Annual Re…

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    SHA-256 158f2ae78197c32fd7ce715eca5a61fb240a4c04e9be3f2300c9ad4a053d8982
    from https://iiardjournals.org/get/IJBFR/VOL. 11 NO. 3 2025/IMPACT OF INTEREST RATES 270-296.pdf