Effect of risk management on the performance of selected commercial banks in Enugu state Department: Banking and Finance By: catoking Project ID: 2738 Rating: (3.1) votes: 16Rate this project12345 Price:₦2000 Get the Complete MaterialAbstractThis study focused on the effect of risk management on the performance of selected commercial banks in Enugu State, Nigeria. Commercial banks were selected on a cross-sectional basis. The work evaluated the link between risk management and bank performance. The study is relevant because of the growing importance of risk management as the economic environment changes in the face of intense competition, rapid innovation in financial markets, application of technology and the globalization of financial markets. The study utilized survey research design because of the type of information needed. Structured questionnaire was used to collect data for this work and Chi-square statistical approach was used in testing the acceptability or otherwise of the hypotheses formulated. The results showed that effective risk management significantly affects the performance of banks. Based on the findings, it was recommended that banks in Enugu State, Nigeria, should enhance their capacity in risk management by devising effective and efficient process to identify, measure, monitor and control risks while the regulatory authority should periodically review the operations of banks to ensure they comply with relevant provisions of the Bank and Other Financial Institutions Act (BOFIA 1999) and prudential guidelines. ...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)