AN ASSESSMENT OF THE PROFITABILITY OF COMMERCIAL BANKS IN SIERRA LEONE

Abstract

The researcher made use of the statistical tools such as tables and bar charts to analyze the
data collected on the GDP and domestic credit provided by commercial banks, also the
problems associated with the economic growth, role of government in encouraging
commercial banks, the success and failure of commercial banks and reasons for the failure.
The financial strength of a banking institution is unquestionable associated to it profitability,
hence, the most important needs any banks management and leadership is to make profit on a
continuous basis since this way guarantee banks continuous existence.