Home » Banking and Finance » POST CONSOLIDATION CHALLENGES AND STRATEGIC OPTIONS OF THE NIGERIAN BANKING INDU...

POST CONSOLIDATION CHALLENGES AND STRATEGIC OPTIONS OF THE NIGERIAN BANKING INDUSTRY

Sold By: Joe Project Store | Item Type: Project Material | Report this?  |  Attributes: 50 pages | 1-5 chapters | Amount: ₦5,000 | Marked useful: 4,879 times

Delivery: Within 24 hours

ABSTRACT

The recent Banking consolidation exercise in Nigeria, no doubt has generated a lot of debate. The consolidation just like any other previous one has a lot of prospect for National development because of the strategic position of banking industry in the Nigeria economy. While the consolidation exercise is a welcome development, this project aimed to offer advice to the monetary authority on the exercise, by tracing the historical development of banking industry in Nigeria, highlighting some previous in the banking  sector and their effect on the industry itself and the economy at large. Similarly, this project discusses the benefits and problems that are likely to introduce from the implementation of the consolidation while prescribing some measure for effective and efficient implementation that will enhance the national development. The past consolidation challenges that may arise from the consolidation exercise of the Nigerian banking industry include:

v   The major challenges of bank consolidation is how to foster competition with fewer, mega banks, that fewer banks are likely to be pressured to expand their branches.

v   Bigger banks might not necessary fit more efficient since they have no incentive to improve efficiency within limited competitive field.

v   Consolidated banks might not have capacity building for risk management for both the regulators and operators.

v   Small and medium scale enterprises may be neglected in the area of financing in mega banks

v   Consolidation exercise may lead to unemployment in the country and it cause another social problem to the economy.


This material content is developed to serve as a GUIDE for students to conduct academic research



Delivery: Within 24 hours

Advertise Here

For advertisement, call 08168958821

Not what you were looking for? Perform a search

What's your project topic?


Comment on Facebook: