Liquid assets to deposits ratio shows the capacity of banks to cover the unanticipated deposits drain.Olweny (2011) found a weak positive relationship between liquid assets to deposits ratio and ROA. Liquid assets to total assets ratio indicates the ability of a bank to pay its liabilities by using liquid assets.Atikogullari (2009) observed the liquidity condition of the northern Cyprus banking sector for the period of 2001 to 2007 by using liquid assets to total assets ratio. Apart from the factors based on the CAMEL model, there are still some external factors which could affect bank performance from the macroeconomic way, including