IMPACT OF BANKING PERFORMANCE ON ECONOMIC GROWTH IN SRI LANKA

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Published: 2022-02-02

Page: 223-226


THARANGI WANIGASURIYA *

Department of Economics, University of Colombo, Sri Lanka.

*Author to whom correspondence should be addressed.


Abstract

The objective of this study is to analyze the impact of banking performance on economic growth in Sri Lanka. This study is conducted by using a panel data from 2010 to 2019 for 10 banks to examine the impact of banking performance on economic growth in Sri Lanka. The data was taken from selected banks annual reports. By using panel unit root test, found that at first difference variables are stationary. By using panel co-integration, shows that there is long run and short run co-integration among the variables. A stable banking sector is very important for the economic growth of a country. As policy implications, in order to stabilize economic growth and make the banking sector more resilient, policymakers and bank managers should aim to enhance total assets, return on assets among other things.

Keywords: Banking performance, banking sector, EGLS, economic growth, Sri Lanka


How to Cite

WANIGASURIYA, T. (2022). IMPACT OF BANKING PERFORMANCE ON ECONOMIC GROWTH IN SRI LANKA. Asian Journal of Advances in Research, 5(1), 223–226. Retrieved from https://mbimph.com/index.php/AJOAIR/article/view/2787

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