The impact of the banking sector development on the financial performance of the communication sector in sierra leone

1.7 Hypothesis of Study 
The hypotheses under investigation were developed in line with the general 
purpose of study and based on relevant theories about the development of the 
banking sector and its considerable impact on the financial performance on 
other industrial sector established over the years by researchers in the area 
of banking and also past empirical studies in relation to the effect of banking 
to the financial performance of the indusrial sector.
However, this study seeks to test the following six (6) hypotheses, based on 
the objectives:
Hypothesis 1: No relationship exists between banking Sector loan&advances 
volume and Financial Performance of the Communication Sector 
Hypothesis 2: Significant Relationship exists between Banking loans & 
advances volume and Financial Performance of the Communication Sector 
Hypothesis 3: Bank Interest rate on Loans and Advances negatively impact 
the Communication Sector Financial Performance. 
Hypothesis 4: Bank Interest rate on loans and Advances positively impact the 
Communication Sector Financial Performance. 

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Hypothesis 5: Debt Ratio have no significant impact on the Communication 
Sector Financial Performance
Hypothesis 6: Debt Ratio significantly impact the Communication Sector 
Financial Performance.
1.8 Scope of the Study 
The study seeks to examine how the banking sector influences the 
communication sector financial performance and to establish the relation that 
exist between the two sectors. The research will be conducted in Freetown the 
capital of Sierra Leone where all economic activities converged and would 
target the four (4) largest operating and long serving communication 
institutions out of thirty-nine (39) nationwide. Due to constraints of resources, 
the study shall be limited to just four institution in the Country and the period 
under consideration for this study will be from 2001 to 2020.