BANKS NOVELTIES AND FINANCIAL PERFORMANCE OF COMMERCIAL BANKS IN GHANA

ABSTRACT 

The chief thrust of this work is to examine the stimulus banks novelties has on fiscal  performance  in Ghana  profitable  banks  listed.  This  research  selected these banks registered on the interchange market to avoid issues of subjective outcomes which may lead to skeptical issues later on. Specifically, the study sought to: look at, the influence bank innovations have on net interest margin in Ghana  commercial  banks,  scrutinize  the  stimulus  banks  novelties  has  on earning per shares in Ghana viable banks and assess how innovations within the  banks  affect  net  profit  of  Ghana  commercial  banks.  This  research  made used of explanatory study design and used Stata to process the data in the form of Panel ordinary least square. It was recognised that automated teller machine had  momentous  and  adverse  result  on  net  interest  margin  but  has  no significant  effect  on  the  other  performance  indicator.  It  was  further  realized that,  mobile  banking  decreases  earnings  per  share  of  shareholders  and increases  net  profit  for  the  banks  but  has  no  effect  on  net  interest  margin. Finally,  internet  banking  increases  earnings  per  share  of  the  banks  but decreases  both  net  interest  margin  and  net  profit  of  Ghana  commercial.  The banks  size  also increases  net  interest  margin.  Growth  opportunities  in banks also decreases earnings per share. The research resolved that, innovations had momentous influence on monetary performance in Ghana commercial banks. The research commended, for Ghana profit-making banks to increase its net profit  margin,  it  must  concentrate  more  on  mobile  banking  services.  They must  pay  attention  to  their bank  size  as  well  and  ATM.  It  was  further recommended  that  commercial  banks  must  pay  key  attention  to  mobile banking in order to maximize their net profit.