THE EFFECT OF COVID-19 ON THE PERFORMANCE OF DEPOSIT MONEY BANKS IN NIGERIA
DOI:
https://doi.org/10.5281/zenodo.14715186Keywords:
Covid-19, Performance, Deposit Money Banks in Nigeria (DMBN), Capital Adequacy, Liquidity Ratio and Bank SizeAbstract
This study investigated the effect of Covid-19 on the performance of deposit money banks in Nigeria.
Specifically, the paper seeks to examine the relationship between capital adequacy, liquidity ratio, bank
size and the impact of COVID-19 on the performance of deposit money banks in Nigeria. It employed a
descriptive research design. A total of one hundred and fifty (150) copies of structured questionnaires
were administered to deposit money banks and customers of the banks which constituted the population.
The questionnaires were used to collect data, and statistical tools were used for the descriptive statistics
and T-Test (One Sample Statistics). The study revealed a positive significant relationship between capital
adequacy, liquidity ratio, bank size and the effect of COVID-19 on the performance of deposit money
banks in Nigeria, which positively impacts poverty in Nigeria. The study therefore recommended that the
government should formulate policies that would encourage capital adequacy, liquidity ratio and bank
size that would have a positive effect on deposit money banks in Nigeria, and also by regulating their
activities, as it has been found that capital adequacy, liquidity ratio and bank size is one of the factors
that determine the performance of deposit money banks in Nigeria.