https://royalliteglobal.com/hjbf/issue/feed Hybrid Journal of Business and Finance 2022-03-01T19:22:41+00:00 AMOS OJWANG royallitepublishers@gmail.com Open Journal Systems <p style="text-align: justify;">Part of Royallite Global,&nbsp;<em>Hybrid Journal of Business and Finance</em> is a multidisciplinary journal that aims at publishing original and peer-reviewed papers across the breadths of business, finance, statistics, econometrics, eCommerce, ICT in business. Emphasis is given to both theoretical and applied research papers dealing with the applications of econometrics and statistics in solving problems in sciences, social sciences, business, finance, economics, and mathematics-related topics. The journal publishes research and review articles, short communications, editorials, book reviews, case reports, and research notes.</p> https://royalliteglobal.com/hjbf/article/view/740 The impact of credit risk on financial performance: Evidence from rural and community banks in Ghana 2022-02-22T09:58:42+00:00 Moses Dunyoh mosesdunyoh@gmail.com Ernest Twumasi Ankamah skosipa@gmail.com Samuel Japo Kosi Kosipa skosipa@gmail.com <p>The study examines the impact of credit risk on financial performance of rural and community banks in Ghana. The study adopts a survey study design. The target population consists of all rural and community banks in Ghana. The study utilized the purposive sampling method to select Ghana's rural and community banks. The research relied on annual reports from rural and community banks in Ghana for the period 2014-2018. The research used ten(10) rural and community banks that their financials are available throughout the time being studied. The secondary data for the analysis is from the rural and community banks' annual reports. Data analysis was performed using STATA version 13 software. The findings show negative relationships between the two credit risk indicators and the measures for financial performance. The study concludes that rural and community banks’ financial performance is compromised by credit risk and that credit risk is steadily increasing and has the ability in the future to hinder rural and community banks’ financial performance. The study's key recommendation is that management of rural and community banks should; work closely with credit reference offices in the country to scrutinize credit applicants, assess credit applicants efficiently by using credit manuals as a basis for screening poor clients from good ones and applying all credit policies to ensure that human interference is prevented in the criteria for credit applicants.</p> 2022-03-01T00:00:00+00:00 Copyright (c) 2022 Moses Dunyoh, Ernest Twumasi Ankamah, Samuel Japo Kosi Kosipa