Browsing by Author "Owusu-Asare, Albert"

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    “The financial performance of Commercial Banks in Ghana: an empirical analysis”
    (2008-09-11) Owusu-Asare, Albert
    The main objective of this study is to examine empirically the financial performance of commercial banks in Ghana over the period 1999-2006 based on their financial statements. The study further categorized commercial banks into ranks on the basis of their financial characteristics revealed by their financial ratios. Four commercial banks with about 204 branches nationwide were financially analysed. On the basis of their deposits, loans, assets, shareholder equity, net profits, return on equity, return on deposits and return on assets, Barclays Bank Ghana (BBG) ranked the best performing bank followed by Standard Chartered Bank (SCB), Ghana Commercial Bank (GCB) and Ecobank Ghana (EBG) respectively. Using regression and correlation analysis as well as ANOVA, the impact of asset management and bank size on the financial performance of these banks was modelled. The study concludes that the bank with higher total deposits, loans, total assets or their growth rates does not always mean better profitability performance.