TABLE OF CONTENTCHAPTER ONE
1.1 Background of the study
1.2 Objective of the study
1.3 Significance of the study
1.4 Limitation of the study
1.5 Definition terms
2.0 Review of related literature
3.0 Research design and methodology
3.1 Source of data
3.2 Location of data
3.3 Method of data collection
5.0 Recommendation and conclusion
1.1 BACKGROUND TO THE STUDY
According to Akngbola (2000:7) there is no gain saying that the concept of universal banking has gained more currency that any other issue and has also shot up to the front burner of national economic discourse particularly in banking circle in the last one decade exigencies market dynamics and trends in international money market has led to the approval and re-examination of the of the structure scope functions of banking institutions in the country.
Okehi (2000:16) however went further to say what until about a decade ago, no definite well assembled and articulated positions were made for universal banking due largely to the prevalence of conducive macro- economic environment for the continued demarcation of the functions of retail and investment banks, however the faltering of the economic attendant inclement operating environment for banks. The perceived absence of a level playing field between retail and investment banks and the recent harmonization of the equity of all banks have collectively awoken and driven the present call for the establishment of a new banking order where all banks are treated as equal.
1.2 STATEMENT OF THE PROBLEM
As Okoro (200:2) observed through the knowledge of the principle and guide lines of economic policies clear evaluation of their implication are most fundamental to their successful implementation and operation. This basic truth also hold true for the banking industry unfortunately the implication of these policies on the economy are not always evaluated before being implemented. The out come of such carefree attitude have also spelt disaster on the economy.
In view of the above this study therefore seeks to investigate the implication of universal banking introduced by CBN. The study will address the problem by attempting to answer some questions as will be seen in this study
1.3 OBJECTIVE OF THE STUDY
This research study seeks to investigate the principles and guideline of the universal banking scheme envisaged fro Nigeria and the banking industry and the economy at large.
1.4 SIGNIFICANCE OF THE STUDY
a. The promotion of efficiency through economy of scale and scope.
b. The fostering of healthy competition and better service delivery.
This study is therefore justified on the ground that it seeks to evaluate their likely effectiveness efficiency and possible advantage that will occur to the economy. Also the finding of the study would assists in suggesting ways of implementing the guideline spelt out by central bank of Nigeria.
1.5 DEFINITION FOR TERMS
This data to be used for the purpose of this study comes form two sources these sources are:
a. Primary data
b. Secondary data
PRIMARY DATA: This primary data will be gathered form the following sources.
3. Oral interview.
SECONDARY DATA: The secondary data will be gathered form these sources:
1. Books sources
2. Business magazines
Can't find what you are looking for?
Call (+234) 07030248044.
OTHER SIMILAR BANKING FINANCE PROJECTS AND MATERIALS
A CRITICAL ANALYSIS ON THE USE OF FINANCIAL STATEMENTS IN ASSESSING THE PERFORMANCE OF AN ORGANIZATION (A CASE STUDY OF FIRST BANK NIGERIA)
ABSTRACT This project work is carried out to examine the contribution of micro finance banks to the development of Small and medium scale enterprises in Nigeria. The Brass micro finance bank is used a...Continue reading »
A STUDY ON THE ACCEPTANCE AND ADOPTION OF THE CBN CASHLES POLICY IN PORT HARCOURT, NIGERIA
CHAPTER ONE INTRODUCTION 1.1. BACKGROUND TO THE STUDY One of the prerequisites for the development of national economy according to Ajayi et al, 2006 is by encouraging a payment system that is secu...Continue reading »
A STUDY ON THE IMPACT OF BUDGETARY CONTROLS ON THE PERFORMANCE OF AN ORGANIZATION (A CASE STUDY OF FIDELITY BANK PLC)
CHAPTER ONE INTRODUCTION 1.1. BACKGROUND OF THE STUDY AND PROFILE OF THE ORGANIZATION Following the uncertainties prevailing in the Nigerian business environment today, managers and stakeholders mu...Continue reading »
ANALYZING PERFORMANCE APPRAISAL TECHNIQUES IN UNION BANK NIG PLC
CHAPTER ONE INTRODUCTION 1.1. BACKGROUND OF THE STUDY In any evaluation of the condition necessary for the growth and survival of an organization, the role of performance appraisal is a strategic f...Continue reading »
AUDIT INDEPENDENCE: ENHANCING ACCOUNTABILITY AND TRANSPARENCY IN CORPORATE ORGANIZATIONS
CHAPTER ONE INTRODUCTION 1.1. Background of the study The subject of transparency and accountability in modern day corporate organizations has continued to receive attention as never before. It has b...Continue reading »
CREDIT MANAGEMENT AND ISSUES OF BAD DEBTS IN COMMERCIAL BANKS IN NIGERIA
The article on this topic (credit management and issues of bad debts in commercial banks in Nigeria) is an extract from literature review of the project material. The complete project work would be ma...Continue reading »
What are looking for today?
|Chapters:||1 - 5|
|Attributes:||Questionnaire, Data Analysis,Abstract|
|Get the complete project »|
THE IMPACT OF HUMAN RESOURCE PLANNING ON ORGANIZATIONAL PERFORMANCE
81,162 people found this useful
IMPACT OF E-LEARNING ON THE ACADEMIC PERFORMANCE OF UNDERGRADUATE STUDENTS (A CASE STUDY OF NATIONAL...
61,937 people found this useful
IMPACT OF SOCIAL MEDIA ON CONSUMER BEHAVIOR
55,513 people found this useful
THE EFFECT OF SOCIAL MEDIA ON STUDENTS PERFORMANCE IN LEARNING LISTENING COMPREHENSION
54,894 people found this useful
TAX ADMINISTRATION IN NIGERIA: CHALLENGES AND PROSPECTS, A CASE STUDY OF LAGOS STATE BOARD OF INTERN...
52,291 people found this useful
THE EFFECT OF ADVERTISEMENT ON CONSUMER BRAND PREFERENCE
50,956 people found this useful