The Nigerian Banking Sector and Its Development in Recent Times

THE Nigerian BANKING SECTOR AND ITS DEVELOPMENT IN RECENT TIMES JOYCE AKPATA plank OF CONTENTS 1.INTRODUCTION 2.CHARCTERISTICS OF THE Nigerian BANKING SECTOR 2.1.Size 2.2.Supervision and Regulation 2.3.Corporate Governance 3.RECENT DEVELOPMENTS IN THE NIGERIAN BANKING INDUSTRY 4.GLOBAL INFLUENCES ON THE NIGERIAN BANKING SECTOR 4.1.Global Recession 4.2.ICT and electronic banking 4.3.Globalisation 4.3.The comprehend role of IMF/ World Bank 5.THE EFFECT OF THE BANKING SECTOR ON THE NIGERIAN ECONOMY 6.CONCLUSION/RECOMMENDATIONS BIBLIOGRAPHY APPENDICES 1. INTRODUCTION Banks have and will continue to play a spot role in the fiscal trunks worldwide. The development of a robust pecuniary system is crucial for economic proceeds and development. The banking sector is an important and dominant part of the financial system for many countries especially developing countries. Banks have the special character of being financial intermediaries, channels for m onetary policy and also concurrently extend credit and administer payments system. They are key actors in causing and averting financial and economic losses. However, their exponent to fuel economic growth and development will compute on the strength, reliability and stability of the system.

One cannot over-emphasis the need for a workable, sound and reliable banking system and that is why the banking industry is one of the most regulated sectors in any economy. The aim of this examine is to identify key economic characteristics of the Nigerian Banking industry and research how these characteristics have influenced the growth and development of the industry over the in conclusion five years, paying particular attention to the impact of globalisation on the Nigerian banking industry. 2. CHARACTERISICS Banks in Nigeria provide numerous financial intermediation services to customers which can be classified into financial intermediation, financial advisory services transactional services,... If you want to get a full essay, order it on our website: Orderessay

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