Home»Banking and Finance» Fraud and forgeries in banking industry - causes, effects, and the way forward

Fraud and forgeries in banking industry - causes, effects, and the way forward

 Department: Banking and Finance  
 By: usericon jessy03  

 Project ID: 781
   Rating:  (3.3) votes: 15
Rate this project
Financial institution especially banks many times have experienced continuous problems in the form of fraud and forgeries which has negatively affected the economy generally. This research is aimed at identifying the incidences of fraud and forgeries of the banking sector, with emphasis on the causes, effects and the way forward. The research design adopted in this research work is the descriptive approach which measures exploration and investigation element. The adoption of a descriptive approach was necessitated by the desire to simplify the complex issue in fraud in the banking industry. The major findings of this work show that fraud and forgery has a negative effect in the banking industry and also that poor management contributes to the failure of banks in the economic system. In recommendation, we recommended that all banks in the system should always make conscious efforts to have good and dedicated board of directors and management team to provide purposeful leadership and sound bank management. ...
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)

Upload Project

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