The need for recapitalization and consolidation of commercial banks as a strategy for attracting foreign investment Department: Banking and Finance By: verao123 Project ID: 767 Rating: (3.2) votes: 11Rate this project12345 Price:₦1000 Get the Complete MaterialAbstractThe need for recapitalization 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 consolidating 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 trust the populace is not only protected but that the public confidence is so vital to the mobilization of saving. Thus creating a fair healthy and competitive banking environment and the protection of bank customers from any losses or other disruptions they lose or their translating business with banks. ...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)