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IMPACT OF TREASURY SINGLE ACCOUNT ON THE PERFORMANCE OF THE BANKING SECTOR IN NIGERIA
Abstract: Treasury Single Account (TSA) was introduced to curb corruption in the country’s public accounting system with its attendant impact on the banking sector. This research study aims to determine the impact of TSA on the performance of the banking system in Nigeria. This research study sought to determine the impact of TSA on Credit to the Private Sector, Deposit mobilization and Loans and Advances respectively. Secondary and time series data were obtained from the CBN statistical bulletin 2015. The data were analysed using regression and correlation analysis. The results from the research analysis confirmed that the TSA had a significant impact on Credit to the Private Sector, Deposit Mobilization and Loans and Advances.
Keywords: Treasury Single Account, Deposit Mobilization, Credit to the Private Sector, Loans and advances, Financial Performance, Banking Sector