Adebayo et al. (2011) examined liqu

Adebayo et al. (2011) examined liquidity management and commercial banks’ profitability in Nigeria. Findings of this study indicate that there is significant relationship between liquidity and profitability. That means profitability in commercial banks is significantly influenced by liquidity and vice versa.

Saleem and Rehman (2011) sought to reveal the relationship between liquidity and profitability. The main results of the study demonstrate that each ratio (variable) has a significant effect on the financial positions of enterprises with differing amounts and that along with the liquidity ratios in the first place. Profitability ratios also play an important role in the financial positions of enterprises.

Arif (2012) tested liquidity risk factors and assessed their impact on (22) of Pakistani banks during the period (2004-2009). Findings of the study indicate that there is a significant impact of liquidity risk factors on the banks profitability, where an increase in deposits lead to increasing in the bank’s profitability in terms of reducing dependence on the central bank in meeting the customers’ obligations, and profitability is negatively affected by the allocation of non-performing loans and liquidity gap.

Charity (2012) examined the impact of liquidity performance in commercial using First Bank of Nigeria Plc as case study. Findings indicate that there was a positive relationship between liquidity management and the existence of any banks.

Agbada and Osuji (2013) examined empirically the effect of efficient liquidity management on banking performance in Nigeria. Findings from the empirical analysis were quite robust and clearly indicate that there is significant relationship between efficient liquidity management and banking performance and that efficient liquidity management enhance the soundness of bank.

Al-Tamimi and Obeidat (2013) identified the most important variables which affect the Capital Adequacy of Commercial Banks of Jordan in Amman Stock Exchange for the period from 2000 –2008. The study shows that there is a statistically significant positive correlation between the degree of capital adequacy in commercial banks and the factors of liquidity risk, and the return on assets, and there is an inverse relationship not statistically significant between the degree of capital adequacy in commercial banks and factors of the capital risk, credit risk, and the rate of force- revenue.

Ibe (2013) examined the effect of liquidity management on the profitability of banks in Nigeria. He found that liquidity management is indeed a critical issue in the banking sector of Nigeria.

Lartey et al. (2013) sought to find out the relationship between the liquidity and the profitability of banks listed on the Ghana Stock Exchange. It was found that for the period 2005-2010, both the liquidity and the profitability of the listed banks were declining. Again, it was also found that there was a very weak positive relationship between the liquidity and the profitability of the listed banks in Ghana.

Moein Addin et al (2013) investigated the relationship between modern liquidity indices and stock return in companies listed on Tehran Stock Exchange. Results indicated that there was a positive and significant relationship between comprehensive liquidity index and stock returns while there was no significant relationship between the index of cash conversion cycle as well as net liquidity balance and sock returns.

Almazari (2014) investigated the internal factors that have an effect on profitability in Saudi and Jordanian banks. He found that there is a positive correlation between profitability measured by ROA of Saudi and Jordanian banks with some liquidity indicators, as well as there is a negative correlation with other liquidity indicators between profitability measured by ROA of Saudi and Jordanian banks .