Impact Of Deposit Insurance Scheme On Bank Deposit Mobilization In Nigeria

Authors: ORMOGU INNOCENT IA CHIDIMMA | Social & Management Sciences Banking and Finance Projects 57 pages 12,226 words

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ABSTRACT

The core objective of this study is to ascertain the impact of deposit insurance scheme on bank deposit mobilization in Nigeria. Secondary data spanning from 1994 to 2016 was used for the analysis. Ordinary least square multiply regression models was used to test the relationship between the variables based on the two models. It was discovered that total bank insured premium had a significant and positive impact on commercial banks deposit mobilization in Nigeria. Based on this finding, it was recommended among other things that banks should render the correct return so that the corporation can detect and help them solve their problems before it becomes unresolvable.

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