Analysis of the Impact of Treasury Single Account on the Performance of Banks in Nigeria
- 1 Department of Statistics, Federal University of Technology, Owerri, Nigeria
- 2 Department of Statistics, Federal University of Technology, Owerri, Nigeria
Abstract
In this study, we developed multivariate model for the study of the impact of treasury single account (TSA) on the performance of banks in Nigeria. From the study, we discovered that there was no significant difference between the period before and after the introduction of the TSA policy on the performance of banks in Nigeria. In Diamond Bank Nigeria Plc, we observed that there were negative relationships between liquidity ratio and capital adequacy with correlation coefficient of -0.093; liquidity ratio and credit to customers with correlation coefficient of -0.312; capital adequacy and credit to customers with correlation coefficient of -0.176. On the other hand, from the analysis on first bank, we observed that there were both positive and fairly strong relationships between the liquidity ratio and capital adequacy with correlation coefficient of 0.626; negative relationship between liquidity ratio and credit to customers with correlation coefficient of -0.880 and finally, negative relationship between capital adequacy and credit to customers with correlation coefficient of -0.165.
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