ProjectClue.com WhatsApp or Call Us

projectclue whatsapp icon07030248044

Project Topic:

THE IMPACT OF MONETARY POLICY ON BANKING INDUSTRY (A CASE STUDY OF SOME SELECTED BANKS FROM 1984-2004)

Project Information:

 Format: MS WORD ::   Chapters: 1 - 5 ::   Pages: 77 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   2,776 people found this useful

Project Department:

BANKING FINANCE UNDERGRADUATE PROJECT TOPICS, RESEARCH WORKS AND MATERIALS

Project Body:

CHAPTER ONE

INTRODUCTION

1.1            BACKGROUND OF STUDY

It is a trite fact that the central bank of Nigeria (CBN) was established by the federal government of Nigeria to produce the Nigerian currency enact and execute monetary policy to promote monetary stability and a sound financial system in Nigeria.  To regulate the banking sector through its monetary policies and laws which every banks must adhere to before its operations. The central banks of Nigeria carries out this role objective on behalf o the federal government through a process stipulated in the central bank of Nigeria decree No 24 1991 and the banks and other financial institution decree No 25 of 1991

Prior to the enactment of the monetary policy the governor of the central bank of Nigeria make proposals to the president of the federal republic of Nigeria who has the right and power to accept or amend where necessary such proposal. Thus once the proposal are authorized by the president it becomes a law, which the central bank of   Nigeria is obligated to implement. The two enabling laws stated above empowers the central banks of Nigeria to direct the carry out other financial institutions to carry out certain duties in pursuit of the approval monetary policy.  Usually the monetary policy to be pursued is detailed out in the from of guidelines to all banks.  The guidelines are generally operated with in a fiscal years but the element could be amended in the cause of the year.  Penalties are normally prescribed for non-compliance with specific provision in the guidelines.

The banking industrial plays a vital role in the development of the economy of any nation.  Be that as it may among the industrial sectors in the country today one can say that the banking sector arouses the most visible and fastest growing sector in the Nigeria economy.

Bank role in aiding the acceleration and expansion of the economic development of any nation particularly in serving, as an engendering in developing countries cannot be over emphasized.

Articulating on the importance of its role (Fabanmi JO 1989) States “institutions which affects the body politic of a nation must be subjected to adequate and rational regulation and supervision otherwise a collapse of the entire system will be noticed due to unmanaged unattended and over regulated colossus”

The banking sector has become one of the critical sector and commanding heights of the economy use to effective participation in the direct of economic growth and transformation and such sensitive issues as the of unemployment inflation price stability or any other macroeconomic goal which directly affects the lives of our people. Gardner (1984p53) pointed out clearly that:

In virtually all developed market economy the banking industry is more heavily regulated than other commercial and industrial sectors” banking is regulated from cradle to grave he conduced.

Get the complete project »


Instant Share On Social Media:


Can't find what you are looking for?
Call (+234) 07030248044.

OTHER SIMILAR BANKING FINANCE PROJECTS AND MATERIALS

A CRITICAL ANALYSIS OF CAUSES AND PROBLEM OF FINANCIAL DISTRESS IN NIGERIA BANKING SECTOR (A CASE STUDY OF AFEX BANK PLC.)

 Format: MS WORD ::   Chapters: 1 - 5 ::   Pages: 68 ::   Attributes: Questionnaire, Data Analysis,Abstract

CHAPTER ONE INTRODUCTION The importance of capital as a necessity though not sufficient condition for economic growth is recognized in development economy where it is believed that the position of ...Continue reading »

A CRITICAL ANALYSIS OF THE USE OF FINANCIAL REPORT IN ASSESSING BANK PERFORMANCE. (A CASE STUDY UNION BANK OF NIGERIA PLC)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 72 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   5108 engagements

CHAPTER ONE INTRUDUCTION BACKGROUND OF STUDY A farmer, who plants corps, expects result, similarly to student who sits for examination expects results. The same 5 also true of an investor. For the ...Continue reading »

A CRITICAL ANALYSIS ON THE USE OF FINANCIAL STATEMENTS IN ASSESSING THE PERFORMANCE OF AN ORGANIZATION (A CASE STUDY OF FIRST BANK NIGERIA)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 72 ::   Attributes: Questionnaire, Data Analysis  ::   18288 engagements

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 CRITICAL APPRAISAL OF CURRENT ASSETS MANAGEMENT IN PUBLIC LIMITED LIABILITY COMPANIES

 Format: MS WORD ::   Chapters: 1 - 5  ::   Pages: 80 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   3640 engagements

ABSTRACT This project examined the management of current assets in public Limited Liability Company. It is obvious that no company can perform well without good current asset management. This cares f...Continue reading »

A CRITICAL APPRAISAL OF CURRENT ASSETS MANAGEMENT IN PUBLIC LIMITED LIABILITY COMPANIES

 Format: MS WORD ::   Chapters: 1 - 5 ::   Pages: 55 ::   Attributes: Questionnaire, Data Analysis, Abstract

CHAPTER ONE 1.0 INTRUDUCTION: Current assets as one of the management tolls of business organization are very important in the proper function of business and achievement of organizational goal. Cur...Continue reading »

A CRITICAL ASSESSMENT OF THE SURVIVAL STRATEGIES OF DEPOSIT MONEY BANKS IN A DEPRESSED ECONOMY

 Format: MS WORD ::   Chapters: 1 - 5 ::   Pages: 68 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   1808 engagements

CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Nigerian economy is faced with national and global economic challenges and as such, the financial institutions, especially the banking sector ha...Continue reading »

What are looking for today?

WHAT OUR CUSTOMERS ARE SAYING:
  • 1. Abubakar Sani from Nigerian Investment Promotion Commission said "I had a wonderful experience using ProjectClue, they delivered not only on time, but the content had good quality. I recommend ProjectClue for any project research work.".
    Rating: Excellent
  • 2. Ogunniran Olawale from Ekiti state university said "Projectclue is really safe and reliable Quick access to project works Nice customer service Fast delivery of request Recommend this toy fellow students ".
    Rating: Excellent
  • 3. Fahat Nasir from isa kaita college of education dutsinma said "Fish farming a solution unemployment ".
    Rating: Very Good
  • 4. Ajimbi Oluwarotimi from Theology school osun said "Good ".
    Rating: Very Good
  • 5. Clement Abdullahi Ogiji from National Open University of Nigeria said "I am a living witness and have recommended project clue to a lot of students, so far none have been disappointed, very reliable and, trustworthy and dependable".
    Rating: Excellent
  • 6. Jhuee from Sultan national high school said "Good quality. I recommend project clue for any project research work.".
    Rating: Excellent