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Is traditional banking declining? An empirical analysis of banks in Ghana


Damankah, BS and Anku-Tsede, O and Amankwaa, A, Is traditional banking declining? An empirical analysis of banks in Ghana, International Journal of Academic Research in Accounting, Finance and Management Sciences, 5, (1) pp. 27-32. ISSN 2308-0337 (2015) [Refereed Article]


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2015 HRMARS. Licensed under Creative Commons Attribution 4.0 International

DOI: doi:10.6007/IJARAFMS/v5-i1/1414


Banks are traditionally into the business of mobilizing deposits and making loans. This generates interest income and has been a substantial proportion of bank's total earnings. Studies have shown that income from the traditional banking business has declined substantially in recent times. This paper examines the state of traditional banking in Ghana by relating interest and noninterest income from the year 2003 - 2012. We found that traditional banking remains strong in Ghana and interest income constitutes a higher proportion of total bank earnings. In recent times however, noninterest income has gained prominence as margin income deposits continue to squeeze.

Item Details

Item Type:Refereed Article
Keywords:Ghana, traditional banking, interest income, noninterest income, banks
Research Division:Commerce, Management, Tourism and Services
Research Group:Banking, finance and investment
Research Field:Financial institutions (incl. banking)
Objective Division:Expanding Knowledge
Objective Group:Expanding knowledge
Objective Field:Expanding knowledge in commerce, management, tourism and services
UTAS Author:Amankwaa, A (Dr Albert Amankwaa)
ID Code:149354
Year Published:2015
Deposited By:Management
Deposited On:2022-03-27
Last Modified:2022-05-18
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