Appraisal Of The Economic Implication Of Electronic Banking In Nigeria Banks

Appraisal Of The Economic Implication Of Electronic Banking In Nigeria Banks (A Case Study Of Diamond Bank)

Abstract

In view of the appraisal of the economic implications of electronic banking in Nigeria banks, this research work is an attempt to examine the various ways through which electronic banking has contributed to the effective growth of the economy and banks in particular and hindrances if any, to the improvement of the electronic banking (e-banking). Continue reading Appraisal Of The Economic Implication Of Electronic Banking In Nigeria Banks

The Impact Of Universal Banking In Nigerian Banking System

The Impact Of Universal Banking In Nigerian Banking System

Abstract

At a certain stage in the Nigerian banking system, it became apparently difficult to distinguish Commercial Banks form Merchant Banks. This was so because each silently delved into the operation of the other. Thus making them differ only on paper rather than in practice. The best adopted option was the introduction of an all encompassing concept known as the concept of universal banking. The Continue reading The Impact Of Universal Banking In Nigerian Banking System

The Role Of Mortgage Banks In The Housing Finance Sub-Sector

The Role Of Mortgage Banks In The Housing Finance Sub-Sector (A Case Study Of Federal Mortgage Bank Of Nigeria 2000-2010)

Abstract

This paper is on the role of mortgage banks in housing finance sub-sector with particular and detailed analysis of loan disbursement and the contribution to the national housing, fund, which FMBN is the manager. The objective of this project is to look at the problems of getting loan and also that of the contributions to the average Nigeria workers in the housing finance sub-sector. A detailed research Continue reading The Role Of Mortgage Banks In The Housing Finance Sub-Sector

Appraisal Of The Economic Implication Of Electronic Banking In Nigeria Banks

Appraisal Of The Economic Implication Of Electronic Banking In Nigeria Banks (A Case Study Of Diamond Bank)

Abstract

In view of the appraisal of the economic implications of electronic banking in Nigeria banks, this research work is an attempt to examine the various ways through which electronic banking has contributed to the effective growth of the economy and banks in particular and hindrances if any, to the improvement of the electronic banking (e-banking). Continue reading Appraisal Of The Economic Implication Of Electronic Banking In Nigeria Banks

BANKING AND FINANCE PROJECT TOPICS

Banking and Finance Project Topics and Materials

Bravoprojecthelp has lots of high quality project materials on Banking and Finance. Click to view any of the topics below:

Role of commercial bank towards economic growth and development of Nigeria

Customer relationship management implementation in retail banking in Nigeria

Risk management in the Nigeria money deposit bank

Information technology in the Nigerian money deposit bank

The impact of technological advancement on banking practice, problem and prospects

The role of motivation in achieving productivity in Nigerian banking industry

 Appraisal of the reforms in the banking sector  and it’s impact on Nigeria economy

An evaluation of the strategies for loan recovery in banks

Effect of cash management in medium scale enterprises

Customer relationship management implementation in retail banking in Nigeria

Appraisal Of The Economic Implication Of Electronic Banking In Nigeria Banks

The Role Of Mortgage Banks In The Housing Finance Sub-Sector

The Impact Of Universal Banking In Nigerian Banking System

Appraisal Of The Economic Implication Of Electronic Banking In Nigeria Banks

 

 

 

ROLE OF COMMERCIAL BANK TOWARDS ECONOMIC GROWTH AND DEVELOPMENT OF NIGERIA

ROLE OF COMMERCIAL BANK TOWARDS ECONOMIC GROWTH AND DEVELOPMENT OF NIGERIA (A CASE STUDY OF FIRST BANK NIGERIA PLC, UMUNZE)

Abstract

This study X-Ray the role of commercial banks towards economic growth and development of Nigeria. The study was understating as a result of unachieved goals that exist in the banking sector. The study viewed previous attempt made by different authors on this concept and sample different opinions through random sampling. The researcher adapted a methodology that considered 36 respondents using questionnaires and only few were not returned. In carrying out this research work, relevant information were obtained using primary and secondary sources of data collection. The data obtained were analyzed using statistical tool of analysis including percentages and frequency distributions. The findings of the study revealed that commercial banks are made to set aside 10% of their yearly profit before tax for lending customers/borrowers which according to the World Bank’s report is the surest strategy for rapid growth and development of Nigeria economy. It was concluded that commercial banks encouraged industrial innovations of funds mobilized as loans to the deficit sectors. The study concluded by recommending that government through CBN  should formulate deliberate polices to make more fund available for borrower/customers and that the banks should monitor the monitor the borrowers closely to ensure that loans granted are not diverted to private purposes.

CHAPTER ONE

  • Introduction

A good financial system provides a good network of financial intermediaries which bridge the gap between saver-lenders and borrowers-spenders. It is this financial intermediaries that help to mop up the surplus fund from savers and make them available to business that need these funds for expansion. Therefore, the existence of well developed financial markets fosters s business survival. Continue reading ROLE OF COMMERCIAL BANK TOWARDS ECONOMIC GROWTH AND DEVELOPMENT OF NIGERIA

CUSTOMER RELATIONSHIP MANAGEMENT IMPLEMENTATION IN RETAIL BANKING IN NIGERIA

CUSTOMER RELATIONSHIP MANAGEMENT IMPLEMENTATION IN RETAIL BANKING IN NIGERIA

ABSTRACT

This research paper examines the “Customer Relationship Management or (CRM) Implementation in retail banking in Nigeria”, the business strategy designed to change fundamentally the ways a company approaches, manages and profits from its key relationship is regarded as a source or competitive advantage for the company. The study is aimed at investigating into what the enabler and inhibitors are in the implementation of customer relationship management in the retail banking industry in Nigeria. Given the importance of successful implementation in improving business performance.

CHAPTER ONE

1.0   BACKGROUND OF THE STUDY

1.1   INTRODUCTION

Customer relationship management (CRM) is based on principles of relation market in charges in market demand and competitive intensity have led to a shift from basic transaction marketing to relationship marketing. Customer relationship management emerged in the 1950S but became a relevant term amongst business practitioners and consultants in the 1990S (Grabner-kraeuter et al, 2007). CRM has developed into an area of major significance in less than a decade with the worldwide global market for CRM systems and consultancy estimated to grow to $ us 47 billion by 2006 (Gartner 2003). In the next three to four years. Annual sales expectations of CRM technology is estimated to go beyond $ 17 billion and exceed $ 100 billion if relevant CRM-related service. Like change management customer care outsourcing and implemented-relevant consulting, are included to broaden the marketing of CRM (zablah, et al. 2004). Continue reading CUSTOMER RELATIONSHIP MANAGEMENT IMPLEMENTATION IN RETAIL BANKING IN NIGERIA

RISK MANAGEMENT IN THE NIGERIA MONEY DEPOSIT BANK

RISK MANAGEMENT IN THE NIGERIA MONEY DEPOSIT BANK (A CASE STUDY OF UNION BANK OF NIGERIA PLC ENUGU STATE)

ABSTRACT

This study is focused on how to monitor and manage risk most effectively and efficiently at a minimum cost focusing at Union bank of Nigeria Plc. Banks experiences losses for bank of risk management and do not know the advantage of adopting sound risk management and risk management experts. Oral interview and questionnaires served as primary instrument and were analyzed using table and percentage. The populations were the staffs of Union bank and the descriptive research design was used. In findings it was discovered that most of the banks used in this work are faced with different types of risk like portfolio risk, liquidity risk, credit risk, interest risk and operational risk, but most of the respondents indicated that they encounter more of liquidity and credit risk but all the banks from the findings encounter fraud risk. The researcher also found out that there are some ways which the banks has been trying to manage these risk so far such as avoiding the risk, hedging the risk, transferring the risk in one way or the other, retention of the risk, diversifying the risk and reducing it to an extent. It was also discovered that in the process of trying to manage these risks encountered, the banks also face other problems and difficulties and most of the times the government does not come to their aid as they ought to. Also credit risk which arises from default or delay in payment of obligation like loans e.t.c all other ones are encountered occasionally. In conclusion, this research work was fined to draw attention to the need for sound management risk in financial institutions focusing specially on Union bank of Nigeria Plc. In recommendation, training as we know is an indispensable way of loss preventive techniques. It is continuous exercise which must be carried out to ensure efficiency, a lot of staff of banks needs to have adequate training from time to time, send employees for adequate training in various discipline. Management also should often organize seminars, workshop and symposia e.t.c.

CHAPTER ONE

INTRODUCTION

1.1 Background of the Study

Money deposit bank perform and operate in the world full of risk, they are being set up with aim of achieving their objectives, but the risk which surround the environment in which they operate often make the achievement of the objective a very difficult task to accomplish, this is because risk are permanent feature that affect any business organization.  Historical, the concept of risk management originated from the organization of insurance section of the American management Association in 1931, the concept later extended to Europe where it was generally accepted, the significant and need for risk management have realized and accepted by most countries, some organizations which are among are money deposit bank started using the concept to minimize the looses facing them. Continue reading RISK MANAGEMENT IN THE NIGERIA MONEY DEPOSIT BANK

INFORMATION TECHNOLOGY IN THE NIGERIAN MONEY DEPOSIT BANK

INFORMATION TECHNOLOGY IN THE NIGERIAN MONEY DEPOSIT BANK ( A CASE STUDY OF ZENITH BANK OKO BRANCH ANAMBRA STATE)

ABSTRACT

Technology has had a positive impact in the Nigerian money deposit banks in this present era. In the last ten years, banks in developed counties have been investing more and more in information technology (IT) as a means to reduce cost and improve operational efficiency.

The study was carried out in order to determine the expectations and success of information technology implementations in the sector. The study also concentrated on different innovations that have positive impacts on banking which include Automated Teller Machine (ATM) electronic commerce, electronic publishing e.t.c. The data used or the study was generated primarily   from interviews and observations and secondarily from published works, text, Internet searches, journals etc. Almost all the Nigerian money deposit banks have an IT Policy. The main thrust of which were to meet organization goals to secure competitive advantage and to be up to data, it was discovered that lack of modalities for their implementations is their major set back.

CHAPTER ONE

1.1  INTRODUCTION

The satisfactory operation and control of business system test to a great extent on information technology. The past experience information technology has had a great impact in the Nigeria money deposit banks and financial institutions have embraced the computer technology as a way of enhancing service delivery and higher revenue generation. Continue reading INFORMATION TECHNOLOGY IN THE NIGERIAN MONEY DEPOSIT BANK

THE IMPACT OF TECHNOLOGICAL ADVANCEMENT ON BANKING PRACTICE, PROBLEM AND PROSPECTS

THE IMPACT OF TECHNOLOGICAL ADVANCEMENT ON BANKING PRACTICE, PROBLEM AND PROSPECTS. A CASE STUDY OF SOME DEPOSIT MONEY BANKS IN EKWULOBIA.

ABSTRACT

This research work is focused on the impact of technological advancement on banking practice, problem and prospects with a particular references to some money bank in Ekwulobia, Anambra State. This study evaluates the need for the practice of technology in banking sector. The practice of technology in the banking sector. The project is divided into five chapter. Chapter one gives a clear introduction on he subject which include: the statement of the problems, the purpose of the study, research question, significance of the study. Chapter two focus on his review of related literature where a number of literatures on computers and technology were also reviews chapter three contains the research methodology which include both primary and secondary source of data collection was reviewed. Chapter four focused on the analysis and presentation of data, also for the questionnaire, analysis table were drawn showing the percentage of respondents. Chapter five, watch is the last chapter in the researchers work covers the statement of  the problems, the summary of the work, conclusion recommendation and suggestion where drawn out by the  researcher. In general technology had a positive impact in the bank practice of banking generally tracing the origin of banking. The study concentrated on the different innovation that have positive impact on banking including automated teller machine (ATM), electronic fund transfer  cash etc data used the study was obtained primarily on questionnaires, interview and observation and the secondary on published works, textbooks and journals. The simple percentage formula were used for data analysis. The study discovered that many banks in the country are either using or making plans to adopt latest technologies and techniques. It  was also discovered that lack of modalities for their implementations are the major setbacks towards this drive. The research study made recommendations based on these findings which include the co-operation between the banks and central in working modalities the training of staff in banks and the privatization on and commercialization of service provided like NITEL and PHCN  (Power Holding Company of Nigeria among others. recommendation: having discussed the research finding at his juncture, there are preferred solutions to some of eh problem discovered. These solution are by no means combustive but are merely suggestion that can be adopted by authorities concerned.

CHAPTER ONE

1.0  INTRODUCTION

1.1  BACKGROUND OF THE STUDY

We are living through a period of dramatic change in the way we can store and process information. New techniques are being introduce into the business in an effort to reduce the flow of papers, increase the range of operation which the company can handle, or simply to improve efficiently. Continue reading THE IMPACT OF TECHNOLOGICAL ADVANCEMENT ON BANKING PRACTICE, PROBLEM AND PROSPECTS