Information Sharing Regulation Introduction and Bank Industry Performance: A Pre and Post Analyses from Ghana
Journal of Finance and Accounting
Volume 3, Issue 5, September 2015, Pages: 164-171
Received: Aug. 28, 2015; Accepted: Sep. 9, 2015; Published: Sep. 18, 2015
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Authors
Baah Aye Kusi, University of Ghana Business School, Department of Finance, Ghana-Accra, Legon
Kwadjo Ansah-Adu, Valley View University Banking and Finance Department, Ghana-Oyibi
Isaac Owusu-Dankwa, Valley View University Banking and Finance Department, Ghana-Oyibi
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Abstract
This study assessed credit growth, asset quality and profitability in the banking industry of Ghana during pre and post information sharing eras. The study employed industry level financial ratios to derive means, standard deviations and pearson correlations. The study further employed t-test to test for significant difference in bank performance during pre and post information sharing ears. The results indicate that the Ghanaian banking industry improved in all profitability measure during post-information sharing era. Also, deteriorating asset quality measures were stabilized during post-information sharing era. Furthermore, the study finds that there was a significant difference in non - performing loans ratio in the two information sharing eras. These findings are consistent with earlier findings. Hence the study recommends the establishment of Information Sharing Institutions (ISI), expanding the coverage of ISI and publicizing information sharing in emerging economies so as to strengthen the stability and soundness of the banking system.
Keywords
Information Sharing, Credit Growth, Asset Quality, Profitability and Financial Ratios
To cite this article
Baah Aye Kusi, Kwadjo Ansah-Adu, Isaac Owusu-Dankwa, Information Sharing Regulation Introduction and Bank Industry Performance: A Pre and Post Analyses from Ghana, Journal of Finance and Accounting. Vol. 3, No. 5, 2015, pp. 164-171. doi: 10.11648/j.jfa.20150305.18
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