BANK COMPETITION AND FINANCIAL STABILITY IN NIGERIA

Introduction: The study examined the impact of bank competition on the financial stability of selected deposit money banks in Nigeria. The study employed panel data (secondary data) that was collected from 2019 to 2023 (both years inclusive). Methods: The panel regression analysis was employed to...

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Main Authors: Mayowa Ebenezer Ariyibi, Taofeek Osidero Agbatogun, Kenny Ade Soyemi
Format: Article
Language:English
Published: Fakultas Ekonomi dan Bisnis, Universitas Airlangga 2024-11-01
Series:Jurnal Ekonomi dan Bisnis Airlangga
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Online Access:https://e-journal.unair.ac.id/JEBA/article/view/62935
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author Mayowa Ebenezer Ariyibi
Taofeek Osidero Agbatogun
Kenny Ade Soyemi
author_facet Mayowa Ebenezer Ariyibi
Taofeek Osidero Agbatogun
Kenny Ade Soyemi
author_sort Mayowa Ebenezer Ariyibi
collection DOAJ
description Introduction: The study examined the impact of bank competition on the financial stability of selected deposit money banks in Nigeria. The study employed panel data (secondary data) that was collected from 2019 to 2023 (both years inclusive). Methods: The panel regression analysis was employed to determine the relationship between the outcome variables and explanatory variable, taking decisions from the Huasman test. Results The findings of the study from objective one revealed that the Herfindahl-Hirchman loan Index has a positive significant effect on capital adequacy ratio along with diversification ratio and bank size, which are control variables. It also has a negative significant effect on capital adequacy ratio. Objective two revealed that the Herfindahl-Hirchman Deposit Index diversification ratio and bank size have a positive significant effect on non-performing loans in Nigeria. Conclusion and suggestion: Based on the findings, it therefore recommended that deposit money banks should diversify their loan portfolio across sectors and customer types to mitigate a concentration risk in the deposit money banks. Reallocating capital from less diversified or larger loans to smaller, more diversified segments of the portfolio would spur the level of competition accuracy of the banks. 
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spelling doaj-art-c0016ca3306c4421bae6e166ec83cb052024-12-05T06:20:36ZengFakultas Ekonomi dan Bisnis, Universitas AirlanggaJurnal Ekonomi dan Bisnis Airlangga2338-26862597-45642024-11-01342BANK COMPETITION AND FINANCIAL STABILITY IN NIGERIAMayowa Ebenezer Ariyibi0Taofeek Osidero Agbatogun1Kenny Ade Soyemi2Department of Banking and Finance, Olabisi Onabanjo University, Ago-Iwoye, NigeriaDepartment of Banking and Finance, Olabisi Onabanjo University, Ago-Iwoye, NigeriaDepartment of Accounting, Olabisi Onabanjo University, Ago-Iwoye, Nigeria Introduction: The study examined the impact of bank competition on the financial stability of selected deposit money banks in Nigeria. The study employed panel data (secondary data) that was collected from 2019 to 2023 (both years inclusive). Methods: The panel regression analysis was employed to determine the relationship between the outcome variables and explanatory variable, taking decisions from the Huasman test. Results The findings of the study from objective one revealed that the Herfindahl-Hirchman loan Index has a positive significant effect on capital adequacy ratio along with diversification ratio and bank size, which are control variables. It also has a negative significant effect on capital adequacy ratio. Objective two revealed that the Herfindahl-Hirchman Deposit Index diversification ratio and bank size have a positive significant effect on non-performing loans in Nigeria. Conclusion and suggestion: Based on the findings, it therefore recommended that deposit money banks should diversify their loan portfolio across sectors and customer types to mitigate a concentration risk in the deposit money banks. Reallocating capital from less diversified or larger loans to smaller, more diversified segments of the portfolio would spur the level of competition accuracy of the banks.  https://e-journal.unair.ac.id/JEBA/article/view/62935Bank CompetitionFinancial stabilityLoanDeposit
spellingShingle Mayowa Ebenezer Ariyibi
Taofeek Osidero Agbatogun
Kenny Ade Soyemi
BANK COMPETITION AND FINANCIAL STABILITY IN NIGERIA
Jurnal Ekonomi dan Bisnis Airlangga
Bank Competition
Financial stability
Loan
Deposit
title BANK COMPETITION AND FINANCIAL STABILITY IN NIGERIA
title_full BANK COMPETITION AND FINANCIAL STABILITY IN NIGERIA
title_fullStr BANK COMPETITION AND FINANCIAL STABILITY IN NIGERIA
title_full_unstemmed BANK COMPETITION AND FINANCIAL STABILITY IN NIGERIA
title_short BANK COMPETITION AND FINANCIAL STABILITY IN NIGERIA
title_sort bank competition and financial stability in nigeria
topic Bank Competition
Financial stability
Loan
Deposit
url https://e-journal.unair.ac.id/JEBA/article/view/62935
work_keys_str_mv AT mayowaebenezerariyibi bankcompetitionandfinancialstabilityinnigeria
AT taofeekosideroagbatogun bankcompetitionandfinancialstabilityinnigeria
AT kennyadesoyemi bankcompetitionandfinancialstabilityinnigeria