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Impact of regulatory changes on business operations of selected banks in Nasarawa lga, Nasarawa state

 Department: Business Administration and Management  
 By: usericon Doublej  

 Project ID: 8731
   Rating:  (5.0) votes: 1
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   Price:₦4000
Abstract
This study examined the impact of regulatory changes on the business operations of selected banks in Nasarawa Local Government Area, Nasarawa State, Nigeria. The research objectives were to examine the impact of policy adjustments, compliance requirements, and trade and tariff changes on the business operations of the selected banks. A descriptive survey research design was employed for the study. The population consisted of 59 staff from selected commercial banks in Nasarawa Local Government Area, and the entire population was used as the sample size due to its manageable size. Data were collected using a structured questionnaire and analyzed using regression analysis. The findings revealed that policy adjustments, compliance requirements, and trade and tariff changes all have a significant positive effect on the business operations of the selected banks. Specifically, policy adjustments, compliance requirements, and trade and tariff changes were found to enhance operational efficiency, strategic adaptability, and financial performance. Based on these findings, the study recommends that banks in Nasarawa LGA develop agile frameworks to swiftly adapt to policy changes, invest in robust compliance systems and staff training, and proactively align their services with evolving trade policies. Additionally, regulatory bodies should ensure clear communication and phased implementation of new regulations to minimize disruptions. This study contributes to the understanding of how regulatory changes influence banking operations in emerging economies and provides actionable insights for policymakers and bank management to foster resilience and growth in a dynamic regulatory environment....
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