Authors : Para, Ibrahim; Dr. Jatson Makama Mathhew; Luka Habiba Tessy; Gwamna Yusuf Junior; Bako Gideon David

Volume/Issue : Volume 11 - 2026, Issue 3 - March

Google Scholar : https://tinyurl.com/2hhth5dn

Scribd : https://tinyurl.com/mu66d23f

DOI : https://doi.org/10.38124/ijisrt/26mar1506

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Abstract : The implementation of International Financial Reporting Standard nine (IFRS 9) become effective from 1st January 2018, this was mandated by the International Accounting Standards Board (IASB), believing that the 2008 financial crisis was caused by the deficiency of International Accounting Standard (IAS 39), which was criticized for its backward looking and rule base. In line with this, the study examines the effect of IFRS 9 on the financial performance of eight (8) out of the thirteen (13) listed money deposit banks in Nigerian Stock Exchange, for the period of seven (7) years (2018 to 2024). Findings shows capital adequacy ratio (CAR), non-performing loan (NPL) and loan to asset ratio (LAR) are negatively insignificant (ROA), also LDR and NPL has no significant association with ROE. While loan to deposit ratio (LDR) is positively and significantly associated to ROA at 5% significant level. On the other hand, both CAR and LAR shows significant association with ROE, while CAR is positive; LAR is negative. Therefore, it is concluded that implementing IFRS 9 has effect more on ROE than ROA.

Keywords : Capital Adequacy Ratio, Non-Performing Loan, Loan to Asset Ratio, Loan to Deposit Ratio, Return on Assets, Return on Equity.

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