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    Public confidence and its impact on the performance and stability of banks in Zimbabwe

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    Phiri_Public_confidence_and_its_impact_on_the_performance_and_stability_of_banks.pdf (170.9Kb)
    Date
    2016-01
    Author
    Phiri, Caleb
    Muponda, Godfrey
    Type
    Article
    Metadata
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    Abstract
    The study sought to assess the factors determining public confidence and its impact on the performance and stability of banks in Zimbabwe. Empirical data was obtained through the administration of questionnaires to 131 respondents. The study findings were that public confidence in the banking sector was low and it was affected by a number of factors. The study concluded that the low public confidence significantly impacted the performance of banks in Zimbabwe. The study recommended the restoration of the role of the RBZ by capacitating its regulatory, supervisory and monitoring role in the financial sector, strengthening of corporate governance in the banking sector and the review of compensation offered to depositors by the Deposit Protection Corporation.
    URI
    http://hdl.handle.net/10646/3242
    Additional Citation Information
    Phiri, C. & Muponda, G. (2016). Public confidence and its impact on the performance and stability of banks in Zimbabwe. University of Zimbabwe Business Review, 4(1), 1-14.
    Publisher
    University of Zimbabwe, Faculty of Commerce
    Subject
    Bank integrity
    Public confidence
    Bank stability
    Deposit protection
    Return on assets
    Collections
    • Business Studies Staff Publications [47]

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