By the act of lending banks do not actually intermediate pre-accumulated real resources but rather create new financial resources in the form of deposits. Therefore, bank credit needs to be modelled as a monetary phenomenon, which directly fuels domestic demand and inflationary pressures. So...

After the discovery by the goldsmith-bankers that loans could be made by the issue of the newly accepted means of payments, receipts/bank notes, there was an inevitable next step: deposit money. Bank notes are deposits, but in a different form. Bank deposits are also accounting entries, but they...

The study examines the effect of liquidity management on the performance of DMBs in Nigeria. The objective of the study is to determine the extent of relationship that exists between liquidity mechanism and DMBs performance in Nigeria from 2000 to 2015. The study employs Augmented Dickey Fuller...