Description
The impact of monetary policy on the liquidity of commercial banks.
Abstract
The study emphasized on the relevance of the banking industry and development and explores economic growth and the structural change in monetary policy in Nigeria. The first chapter trace the introduction of the liquidity position of commercial bank’s its effectiveness in monetary policy was identified. These include the inadequacy of the banking industry itself. Conflicts of monetary objectives and targets and the Nigerian economy witnessed both monetary stability and economic property. This was also further discussed broadly in chapter two including the factors that are containing monetary policy in Nigeria. The data for the study were collected by the use of personal interviews the data collected were tabled down, discussed and analyzed using sample parentage. Based on the findings it was discovered that the federal government as the central bank of Nigeria (CBN) has implemented a new monetary policy on all banks that cannot meet the CBN requirement which is 25 billion naira implemented. These factors have the role in the developing economy like Nigeria as a result of the following reasons (1). Poor banking habits. (2). Policy asymmetry (3).Inadequate securities (4).Lagged response. These also led to the problem of monetary policy management in Nigeria. This can be summarized as follows: (1). The issue of money outside the banking system (2). The role of the banking industry (3) The problem of the lingering distress in the banking industry.
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