Portfolio Behavior of Commercial Banks in Ethiopia

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Date

2008-06

Journal Title

Journal ISSN

Volume Title

Publisher

A.A.U

Abstract

As a part o f financial intermediaries, commercial banks channel funds from the savers to borrowers in their profitability objective. Moreover, the monetary policies of the central bank are undertaken by the direct availability of funds or via in tersest rates for the banks. The study examines how interest rates banks & deposit relate to the portfolio choice in the commercial banks. In examining these questions, annual data are collected for the different the assets & deposits of commercial banks and interest rates from National Bank of Ethiopia report . The relations among asset holdings, interest rates & bank deposits are examined based on correlation& regression methods. As a result, the holdings of excess reserves, deposits in foreign banks , treasury bills ,government bond and loans &advances in the portfolio found to be change in different degree with the change in the rates of ,deposit in to reign banks. treasury bills, government bonds& loans Moreover .assets holdings in the portfolio constrained by demand, saving & time deposits

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Keywords

Commercial Banks, Portfolio Behavior

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