DETERMINANTS OF CREDIT UNION SAVINGS IN GHANA
Article first published online: 26 MAR 2012
Copyright © 2012 John Wiley & Sons, Ltd.
Journal of International Development
Volume 25, Issue 1, pages 22–30, January 2013
How to Cite
Adusei, M. (2013), DETERMINANTS OF CREDIT UNION SAVINGS IN GHANA. J. Int. Dev., 25: 22–30. doi: 10.1002/jid.2828
- Issue published online: 13 DEC 2012
- Article first published online: 26 MAR 2012
- Manuscript Accepted: 22 FEB 2012
- Manuscript Revised: 13 FEB 2012
- Manuscript Received: 2 JUN 2010
- credit union;
- male members;
- female members;
The study explores the determinants of credit union (CU) savings in Ghana and finds that credit risk, assets (size) and female membership are significant determinants of CU savings. Whereas a rise in CU credit risk increases CU savings, a rise in female membership as well as CU assets is characterised by a fall in CU savings. The study, therefore, argues that CUs in Ghana could maximise their savings if they target their savings- mobilisation campaigns at income-earning men with higher marginal propensity to save coupled with the adoption of an effective and efficient asset management policy. Copyright © 2012 John Wiley & Sons, Ltd.