{"id":23224,"date":"2026-05-27T23:05:49","date_gmt":"2026-05-27T23:05:49","guid":{"rendered":"https:\/\/journals.amssr.org\/grjaf\/?p=23224"},"modified":"2026-05-27T23:05:55","modified_gmt":"2026-05-27T23:05:55","slug":"lending-rate-and-financial-performance-of-deposit-money-banks-in-nigeria-2008-2021","status":"publish","type":"post","link":"https:\/\/journals.amssr.org\/grjaf\/2026\/05\/27\/lending-rate-and-financial-performance-of-deposit-money-banks-in-nigeria-2008-2021\/","title":{"rendered":"LENDING RATE AND FINANCIAL PERFORMANCE OF DEPOSIT MONEY BANKS IN NIGERIA (2008 \u2013 2021)"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Download PDF<\/h2>\n\n\n\n<div data-wp-interactive=\"core\/file\" class=\"wp-block-file\"><object data-wp-bind--hidden=\"!state.hasPdfPreview\" hidden class=\"wp-block-file__embed\" data=\"https:\/\/journals.amssr.org\/grjaf\/wp-content\/uploads\/sites\/2\/2026\/05\/LENDING-RATE-AND-FINANCIAL-PERFORMANCE-OF-DEPOSIT-MONEY-BANKS-IN-NIGERIA-2008-\u2013-2021.pdf\" type=\"application\/pdf\" style=\"width:100%;height:600px\" aria-label=\"Embed of LENDING RATE AND FINANCIAL PERFORMANCE OF DEPOSIT MONEY BANKS IN NIGERIA (2008 \u2013 2021).\"><\/object><a id=\"wp-block-file--media-3920d204-f2fd-477c-b96d-b36b756d8c26\" href=\"https:\/\/journals.amssr.org\/grjaf\/wp-content\/uploads\/sites\/2\/2026\/05\/LENDING-RATE-AND-FINANCIAL-PERFORMANCE-OF-DEPOSIT-MONEY-BANKS-IN-NIGERIA-2008-\u2013-2021.pdf\">LENDING RATE AND FINANCIAL PERFORMANCE OF DEPOSIT MONEY BANKS IN NIGERIA (2008 \u2013 2021)<\/a><a href=\"https:\/\/journals.amssr.org\/grjaf\/wp-content\/uploads\/sites\/2\/2026\/05\/LENDING-RATE-AND-FINANCIAL-PERFORMANCE-OF-DEPOSIT-MONEY-BANKS-IN-NIGERIA-2008-\u2013-2021.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-3920d204-f2fd-477c-b96d-b36b756d8c26\">Download<\/a><\/div>\n\n\n\n<h1 class=\"wp-block-heading\"><strong>Authors<\/strong><\/h1>\n\n\n\n<p><strong>Onwumere Victor Onyekwere<sup>1<\/sup>,<\/strong><\/p>\n\n\n\n<p><strong> Luke Chukwuka Chukwu<sup>2<\/sup><\/strong><br><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>ABSTRACT<\/strong><\/h2>\n\n\n\n<p>The study examined the effects of lending rates on banks\u2019 financial performance of Deposit Money Banks in Nigeria. Three deposit money banks listed on the Nigeria stock exchange between 2008 and 2021 were selected for this study. The lending rate was measured using CBN lending rates while banks\u2019 performance was measured with Profit After Tax, Return on Assets and Return on Equity. Three hypotheses were formulated based on the three performance variables and the models were estimated using Panel Least Square Regressing technique. Findings revealed that lending rate has a positive and significant effect on three banks\u2019 financial performance indexes. The study therefore recommends that the government should also make such monetary policies that will increase the profitability of banks.<br>Keywords: Deposit Rate, Financial Performance, Deposit Money Bank.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Download PDF Authors Onwumere Victor Onyekwere1, Luke Chukwuka Chukwu2 ABSTRACT The study examined the effects of lending rates on banks\u2019 financial performance of Deposit Money Banks in Nigeria. Three deposit money banks listed on the Nigeria stock exchange between 2008 and 2021 were selected for this study. The lending rate was measured using CBN lending rates while banks\u2019 performance was measured with Profit After Tax, Return on Assets and Return on Equity. Three hypotheses were formulated based on the three [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21742,"comment_status":"open","ping_status":"0","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[335,621,619],"tags":[],"class_list":["post-23224","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-grjaf","category-vol-6-issue-2","category-volume-6"],"_links":{"self":[{"href":"https:\/\/journals.amssr.org\/grjaf\/wp-json\/wp\/v2\/posts\/23224","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/journals.amssr.org\/grjaf\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/journals.amssr.org\/grjaf\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/journals.amssr.org\/grjaf\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/journals.amssr.org\/grjaf\/wp-json\/wp\/v2\/comments?post=23224"}],"version-history":[{"count":1,"href":"https:\/\/journals.amssr.org\/grjaf\/wp-json\/wp\/v2\/posts\/23224\/revisions"}],"predecessor-version":[{"id":23226,"href":"https:\/\/journals.amssr.org\/grjaf\/wp-json\/wp\/v2\/posts\/23224\/revisions\/23226"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/journals.amssr.org\/grjaf\/wp-json\/wp\/v2\/media\/21742"}],"wp:attachment":[{"href":"https:\/\/journals.amssr.org\/grjaf\/wp-json\/wp\/v2\/media?parent=23224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/journals.amssr.org\/grjaf\/wp-json\/wp\/v2\/categories?post=23224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/journals.amssr.org\/grjaf\/wp-json\/wp\/v2\/tags?post=23224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}