Survival strategies in treasury management in the face of global credit crunch ( A case study of first bank and intercontinental bank plc) Department: Banking and Finance By: philip123 Project ID: 170 Rating: (3.0) votes: 108Rate this project12345 Price:Free Download MaterialAbstractThis research work was designed to examine survival strategies in the treasury management in the face of global credit crunch. As a prerequisite toward the accomplishment of this research work, questionnaires were administered to the management and staff of the banks under study. The data collected from the questionnaires were analyzed using percentage analysis and hypothesis were tested using chi-square statistical technique. From the analysis of the data collected, the followings findings were made. Significant relationship exists between treasury position of commercial banks and their profitability. Global credit crunch has an impact on treasury management of commercial banks in Nigeria. This research work was designed to examine survival strategies in the treasury management in the face of global credit crunch. As a prerequisite toward the accomplishment of this research work, questionnaires were administered to the management and staff of the banks under study. The data collected from the questionnaires were analyzed using percentage analysis and hypothesis were tested using chi-square statistical technique. From the analysis of the data collected, the followings findings were made. Significant relationship exists between treasury position of commercial banks and their profitability. Global credit crunch has an impact on treasury management of commercial banks in Nigeria. In summary, treasury management comprises fund acquisition and enables banks to mandate its risk and thereby helped to sustain public confidence in the operation of the banking institution which in turn leads to move patronage and consequently more profit. Base on these findings, the following recommendation were also made. Banks must always ensure it meet up with the statutory legal requirement within the permissible ranges. C.B.N should ensure bank meet up with the statutory legal reserve requirement within the permissible ranges. Failure to do this exposes the bank to penalties which are assessed on shortfalls by the regulatory authority. ...Preview Download Preview +Other Banking and Finance project topics and materials you might be interested in»The role of central bank of Nigeria (CBN) in the development of Nigeria financial sector»Appraisal of the economic implication of electronic banking in Nigerian banks (A case study of diamond bank)»The impact of strategic planning on banks performance in Nigeria (A case study of united bank for Africa plc)»Evaluation of the impact of liquidity management on banks performance in Nigeria ( A case study of UBA )»The roles of central bank of Nigeria in the prevention of bank failure or liquidation (A case study of central bank of Nigeria 2005-2009)»The role of financial institutions in promoting banking habit and saving capital formation in Nigeria»The effect of electronic banking on fraud reduction in bank (A case study of access bank plc)»The effectiveness of monetary policy measures in controlling inflation in Nigeria»Problems and challenges facing finance houses in the Nigerian economy ( A case study of mortgage bank owerri )»The role of deposit money bank in Nigeria in economy development in Nigeria - a case study of Access Bank Plc»Motivation as a way of reducing fraud in banking industry ( A case study of UBA and Fidelity bank )»The impact of insurance industry on the economic growth of Nigeria (A case study of nicon and hallmark insurance companies 2005-2009)»Identification and management of bad debts in Nigeria commercial banks(A case study of UBA plc)»The contribution and effect of computer to modern day banking in Nigeria (A case study of zenith bank and first bank plc)»The use of accounting information in assessing control and performance in an organization (A case study of first bank of Nigeria owerri)