Effects of Interest Rate On The Profitability of Deposit Money Banks

Samson Oladele

ISBN 10: 6200095574 / ISBN 13: 9786200095572

Published by LAP LAMBERT Academic Publishing, 2019

About this Item

Effects of Interest Rate On The Profitability of Deposit Money Banks | Samson Oladele | Taschenbuch | 96 S. | Englisch | 2019 | LAP LAMBERT Academic Publishing | EAN 9786200095572 | Verantwortliche Person für die EU: preigu GmbH & Co. KG, Lengericher Landstr. 19, 49078 Osnabrück, mail[at]preigu[dot]de | Anbieter: preigu.

Seller Inventory # 116810037

Bibliographic Details

• Title: Effects of Interest Rate On The Profitability of Deposit Money Banks
• Publisher: LAP LAMBERT Academic Publishing
• Publication Date: 2019
• Language: English
• ISBN 10: 6200095574
• ISBN 13: 9786200095572
• Binding: Taschenbuch
• Condition: Neu
• Dimensions: 220W x 150H x 7D millimeters 220 millimeters width by 150 millimeters height by 7 millimeters depth
• Weight: 161 grams
• Seller catalogs:
  • Bücher

About this title

Synopsis

Deposit money banks tend to wield tremendous influence on every nation’s financial landscape. This makes them the primary focus of the monetary authorities in the task of managing the country’s economy. As financial intermediaries they serve as a conduit through which funds are drawn from surplus economic entities for allocation to deficit economic units. The essence of financial intermediation is to facilitate the process of economic growth and its concomitant economic development, all things being equal. A critical factor in the act of financial intermediation is interest rate, which is the compensation borrowers pay to lenders for making use of their money for a period of time after which the initial amount they borrowed is returned to the lender.