Home»Banking and Finance» The need for recapitalization and consolidation of commercial banks as a strategy for attracting foreign investment

The need for recapitalization and consolidation of commercial banks as a strategy for attracting foreign investment

 Department: Banking and Finance  
 By: usericon verao123  

 Project ID: 767
   Rating:  (3.3) votes: 6
Rate this project
The need for re-capitalization and consolidation that banks have not played that expected role in the department of the economy because of their weak capital base and as such, the decision to raise the capital base of banks was with the aim of strengthening and consolidation of the banking system was the first phase of reforms designed to ensure a diversified strong and reliable banking sector which will ensure the safety of depositors money play achieve development roles in the Nigeria economy and also became competent and competitive. Through financial intervention, banks are supposed to facilitate capital formation and promote economic growth by operating in a safe and sound manner in the past, some financial institutions showed glaring inability to maintain an efficient flow of funds within the economic system. The sharp practices of some banks together with the unsoundness of others led to widespread financial sector distress and loss to depositors. Banking sector reform, the depositors in trust by populace are not only protected but that the public confidence was so vital to the mobilization of saving. This creating of a fair healthy and competitive banking environment and the protection of bank customers from any losses or other disruptions they losses or their translating business with banks. ...
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 roles of central bank of Nigeria in the prevention of bank failure or liquidation (A case study of central bank of Nigeria 2005-2009)
»Evaluation of the impact of liquidity management on banks performance in Nigeria ( A case study of UBA )
»The impact of strategic planning on banks performance in Nigeria (A case study of united bank for Africa plc)
»The role of financial institutions in promoting banking habit and saving capital formation in Nigeria
»The effectiveness of monetary policy measures in controlling inflation in Nigeria
»The effect of electronic banking on fraud reduction in bank (A case study of access bank plc)
»Problems and challenges facing finance houses in the Nigerian economy ( A case study of mortgage bank owerri )
»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)
»The opportunities and challenges of the new pension scheme for financial institutions in Nigeria (2004-2011)

Upload Project

Do you have project materials to share? Upload and earn with it.