EVALUATION OF METHODS FOR REGULATING THE BEHAV1OUR OF COMMERCIAL BANKS IN NIGERIA
EVALUATION OF METHODS FOR REGULATING THE BEHAV1OUR OF COMMERCIAL BANKS IN NIGERIA
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Date
1984-09
Authors
AGAH, YONOV FRLDERICK
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Abstract
Commercial banks as financial institutions, can and
do contribute to economic growth and development Their
effectiveness in performing this role however depends as
to whether their operations and policies are in line with
the demand-following approach or supply-leading approach
to the development of financial institutions- This study
is based on the theory that commercial banks while operating
as profit maximizing institutions, do possess behaviour
patterns on which the monetary authorities must act in
order to ensure that the desired objectives of the economy
are achieved.
In Nigeria, the demand-following approach was adopted
during the colonial period, but since independence, policy
emphasis has shifted to supply-leading finance. This
notwithstanding, the features of the banking system which
emanated from the demand-following development still
persist today among several other unsavourly effectso
Based on the objectives of the economy ana the
specific goals of the policy instruments, the regulatory
methods deployed by the Central Bank have not been able
to achieve their ultimate targets Indeed, the Bank has
been saddled with regulatory tools which are in principle
unapplicabla for the. purpose of stabilzing the economy.
While it has experimented with some, it is yet to apply
others. The structural circumstances of the economy have
further rendered some, if not all, the ultimate objectives
of policy unachievable.
Description
THESIS SUBMITTED IN PARTIAL FULFILLMENT
OF THE REQUIREMENTS FOR THE DEGREE OF
MASTER OF SCIENCE OF THE DEPARTMENT OF
ECONOMICS, AHMADU BEELO UNIVERSITY, ZARIA.
Keywords
EVALUATION,, METHODS,, REGULATING,, BEHAV1OUR,, COMMERCIAL,, BANKS,, NIGERIA.