ABSTRACT
Banks are financial institutions that accepts deposits, gives out loans to people and organizations.
It is only through an effective generation and allocation of funds with its objectives aimed at standard and stabilizing the function and financial resources of banking institutions and to encourage initiatives and organiztion potential.
The basic procedure of banks is generating funds and properly allocating them
The current trends of inefficiency and ineffectiveness of the practice of generation and allocation of funds should be considered with the frame work of available resources.
There are no discipline on the part of the leadership, management and staff of the banks in collecting revenue efficiently and also try to put them into effective use.
In the light of the above, the researcher major objectives as regards this research work was to identity those source of finance available to banks, their uses and problem associated with their finance in Nigeria
The problem associated with sources, allocation of bank funds was critically examine in this project.
In handling the above research work primary and secondary data was used. The sources of primary data was by the use of questionnaires and oral interviews, while the secondary data sources are text books.
The analysis of data was based on percentages. It is on the strength of the finding that recommendation and conclusion was made.
TABLE OF CONTENTS
TITLE PAGE
CHAPTER ONE
1.1 BACK GROUND OF THE STUDY
1.2 STATEMENT OF PROBLEM
1.3 OBJECTIVE OF THE STUDY
1.4 RESEARCH QUESTIONS
1.5 STATEMENT OF HYPOTHESIS
1.6 SIGIFICANCE OF THE STUDY
1.7 DEFINITION OF TERMS
CHAPTER TWO
REVIEW OF RELATED LITERATURE
2.1 THE MEANING OF BANKS
2.2 FUNCTIONS OF BANKS
2.3 SOURCES OF REVENUE AVALIABLE TO BANKS
2.3.1 EXTERNAL ATTRIBUTES OF BANKS
2.4 THE IMPORTANCE/USES OF REVENUE GENERATED BY BANKS
2.5 PROBLEMS OF BANKS IN GENERATING FUNDS
CHAPTER THREE
3 RESEARCH SESIGN AND METHOD ————————————
3.1 SOURCE OF DATA ———————————————————
3.1.1 PRIMARY DATA ————————————————————
3.1.2 SECONDARY DATA ——————————————————–
3.2 POPULATION OF STUDY ————————————————-
3.2 INSTRUMENTATION ——————————————————-
3.4 SAMPLE SIZE —————————————————————–
3.5 VALIDITY AND RELIABILITY OF THE MEAUSRING INSRUMENT —————————————————————–
3.6 SAMPLING TECHNIQUES
CHAPTER FOUR
4.0 PRESENTATION OF DATA ————————————————
41 INTERPRETATION AND ANYALYSIS OF DATA ——————-
4.2 TESTING OF HYPOTHESIS ———————————————–
CHAPTER FIVE
FINDINGS, RECOMMENDATION AND CONCLUSION.
An examination of the sources and uses of bank funds in Nigeria
Proposal
Banks are financial institutions that accepts deposits, gives out loans to people and organizations.
The basic objective underlying this study or this research work was to identify those sources of funds available to the banks, their uses and problems associated with bank funds generation and allocation in Nigeria.
This research has been structural into five chapters to make for easy reading and comprehension.
The author, dealt with the bank ground of the research work which gives an overview of the basic procedure of bank funds generation and its effective allocation.
He went further to the review of related literature the author lay hands on various Journals news paper, write various view as regard the sources and uses of bank funds in Nigeria. It also considered the current trend of inefficiency and ineffectiveness of certain banks.
Chapter three. Deals with research design and methodology. Primary and secondary data are used effectively.
Chapter four is presentation of data. The presentation interpretation, analysis of data and test of hypothesis in chapter one are done in this chapter using chi-square method.
Chapter five, dealt with findings, recommendation and conclusion. The authors finding is base on the hypothesis reveals that revenue available to bank functions and the funds readily available to theml are also poorly managed. It is upon- this findings that the author make recommendation and draw conclusion.
CHAPTER ONE
INTRODUCTION
1.1 BACK GROUND OF THE STUDY
The basic objective underlying this study or this research work was to identify those sources of funds available to the banks, their uses and problems associated with bank funds generation and allocation in Nigeria.
Banks are financial institutions that accepts deposits, gives out loans to people and organizations. The Banks and other financial institutions Decree No 25 of 1991 defined a commercial bank as “any bank in
Functions of Financial Institutions 23
Nigeria whose business includes the acceptance of deposits withdrawable by cheques. This definition presents the major distinguishing functions of commercial banks from other banks. According to Osumbor (1984) in his book Business Finance and Banking in Nigeria, commercial banks are unique in their performance of services and are distinguished from other forms of financial institutions or intermediaries because of the following functions:
Accept deposits from customers i.e. savings, current or demand deposit, fixed deposit or time deposit.
Lend money to approved customers i.e. overdraft, loan.
Allow the use of cheque
Safe-keep valuable assets for customer.
Provision of standing order facilities.
Give business advice to their customers.
Agents of government for monetary policy.
Assists customers for acquisition and sales of shares.
Issue of discount bills of exchange i.e. payment on behalf of customer.
Commercial bank creates money, this is done through deposits.
Money created = Original Deposits.
Cash ratio or reserve requirements.
They involve in agricultural financing.
They offer employment opportunities.
They act as guarantors to their customers.
They solve problem of foreign exchange.
They issue traveller’s cheques.
Their activities accelerate the economic development of a nation since they act as intermediaries
between large number of depositors and borrowers.
These banks could assume the responsibility of carrying out the duties of attorney, executor and
trustee.
1.5 STATEMENT OF HYPIOTHESIS
To guide research, the following hypothesis was formulated.
1 Ho: The available funds are able to meet the expectations and serve of the banks.
H1: The available fund are not able to meet the expectations and services of the banks.
2. Ho: the funds available to the banks are not
prudently managed.
H1: The funds available to the local government authorities are not prudently managed.
3. Ho: Nigeria banks are underfunded partly.
H1: Nigeria banks are underfunded partly.
4. Ho: There is financial autonomy of banks.
H1: There is no financial autonomy of banks
1.5 SIGNIFICANCE OF THE STUDY
The factors militating against a successful performance by the banks may be dual in native. They be managerial and financial in nature. They be managerial and financial in native. Finance is an important part of most organizations decision, and a clear understanding of the way in which decisions are made is essential if the role finance is to be seen in its true perspectives.
Finance is very crucial because if influences planning and achievement pf set objectives.
If the financial resources of the banks area buoyant and viable then this will go a long way strength to strengthen the economy and further boost the financial credibility of the banks.
1.2 STATEMENT OF PROBLEMS
The basic problem of banks includes:
- The problem of revenue generation and its effective allocation.
- Proper accountability of funds generated
- The problem of effective displine leadership in the banking sector
1.3 OBJECTIVES OF THE STUDY
a To examine the problems in bank finance and establish the factors responsible for poor revenue generation and ineffective allocation of the bank projects
b. To identify the problems especially as it affect finance with a view of making adequate recommendation for improvement
1.4 REASEARCH QUESTIONS
1. Are the availability of funds able to meet the expectation and services of the banks?
2. Are the funds available to the banks prudently managed?
The Significance of this study is there, to find ways of improving bank finance for effective channeling and allocation.
LIMITATION OF THE STUDY
1.6 There are a lot of limitations that surrounded this study. The main ones are time factors, non availability of funds at the time of this research, poor response to question also bring some difficulties.
1.7 DEFINITION OF TERMS
Bank: Banks are financial institutions that accepts deposits, gives out loans to people and organizations.
* Finance: – A body of fact with the raising of fund by banks. It encompass personal, business and public finance.
* Bank Allocation: The percentage of funds, the banks gets from the national fund.
REFERENCES
Odoh. N. (1998) Public finance for Polythenics
JTC Publisher Enugu P.15
Agbo .LO. (1995) Banking and politic in Nigeria
JTC Publisher Enugu P.15
Gboyega A. (1998) Banking and Effective Participation in western states
(Ph.D. Thesis), Ibadan, PP 70-78.
HOW TO GET THE FULL PROJECT WORK
PLEASE, print the following instructions and information if you will like to order/buy our complete written material(s).
HOW TO RECEIVE PROJECT MATERIAL(S)
After paying the appropriate amount (#3000) into our bank Account below, send the following information to
08139462710 or 08137701720
(1) Your project topics
(2) Email Address
(3) Payment Name
(4) Teller Number
We will send your material(s) immediately we receive bank alert
BANK ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.
OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 2023350498
Bank: UBA.
HOW TO IDENTIFY SCAM/FRAUD
As a result of fraud in Nigeria, people don’t believe there are good online businesses in Nigeria.
But on this site, we have provided “table of content and chapter one” of all our project topics and materials in order to convince you that we have the complete materials.
Secondly, we have provided our Bank Account on this site. Our Bank Account contains all information about the owner of this website. For your own security, all payment should be made in the bank.
No Fraudulent company uses Bank Account as a means of payment, because Bank Account contains the overall information of the owner
CAUTION/WARNING
Please, DO NOT COPY any of our materials on this website WORD-TO-WORD. These materials are to assist, direct you during your project. Study the materials carefully and use the information in them to develop your own new copy. Copying these materials word-to-word is CHEATING/ ILLEGAL because it affects Educational standard, and we will not be held responsible for it. If you must copy word-to-word please do not order/buy.
That you ordered this material shows you have agreed not to copy word-to-word.
FOR MORE INFORMATION, CALL:
08139462710 or 08137701720
YOU CAN ALSO CALL:
08068231953, 08168759420
Visit any of our project websites below:
www.easyprojectmaterials.com
www.easyprojectmaterials.com.ng
www.easyprojectmaterial.net
www.easyprojectmaterial.net.ng
www.easyprojectsolutions.com
www.worldofnolimit.com
www.worldofnolimit.com
Tags: SOURCES AND ALLOCATION OF FUNDS IN NIGERIA BANKING INDUSTRY
ABSTRACT
Banks are financial institutions that accepts deposits, gives out loans to people and organizations.
It is only through an effective generation and allocation of funds with its objectives aimed at standard and stabilizing the function and financial resources of banking institutions and to encourage initiatives and organiztion potential.
The basic procedure of banks is generating funds and properly allocating them
The current trends of inefficiency and ineffectiveness of the practice of generation and allocation of funds should be considered with the frame work of available resources.
There are no discipline on the part of the leadership, management and staff of the banks in collecting revenue efficiently and also try to put them into effective use.
In the light of the above, the researcher major objectives as regards this research work was to identity those source of finance available to banks, their uses and problem associated with their finance in Nigeria
The problem associated with sources, allocation of bank funds was critically examine in this project.
In handling the above research work primary and secondary data was used. The sources of primary data was by the use of questionnaires and oral interviews, while the secondary data sources are text books.
The analysis of data was based on percentages. It is on the strength of the finding that recommendation and conclusion was made.
TABLE OF CONTENTS
TITLE PAGE
CHAPTER ONE
1.1 BACK GROUND OF THE STUDY
1.2 STATEMENT OF PROBLEM
1.3 OBJECTIVE OF THE STUDY
1.4 RESEARCH QUESTIONS
1.5 STATEMENT OF HYPOTHESIS
1.6 SIGIFICANCE OF THE STUDY
1.7 DEFINITION OF TERMS
CHAPTER TWO
REVIEW OF RELATED LITERATURE
2.1 THE MEANING OF BANKS
2.2 FUNCTIONS OF BANKS
2.3 SOURCES OF REVENUE AVALIABLE TO BANKS
2.3.1 EXTERNAL ATTRIBUTES OF BANKS
2.4 THE IMPORTANCE/USES OF REVENUE GENERATED BY BANKS
2.5 PROBLEMS OF BANKS IN GENERATING FUNDS
CHAPTER THREE
3 RESEARCH SESIGN AND METHOD ————————————
3.1 SOURCE OF DATA ———————————————————
3.1.1 PRIMARY DATA ————————————————————
3.1.2 SECONDARY DATA ——————————————————–
3.2 POPULATION OF STUDY ————————————————-
3.2 INSTRUMENTATION ——————————————————-
3.4 SAMPLE SIZE —————————————————————–
3.5 VALIDITY AND RELIABILITY OF THE MEAUSRING INSRUMENT —————————————————————–
3.6 SAMPLING TECHNIQUES
CHAPTER FOUR
4.0 PRESENTATION OF DATA ————————————————
41 INTERPRETATION AND ANYALYSIS OF DATA ——————-
4.2 TESTING OF HYPOTHESIS ———————————————–
CHAPTER FIVE
FINDINGS, RECOMMENDATION AND CONCLUSION.
An examination of the sources and uses of bank funds in Nigeria
Proposal
Banks are financial institutions that accepts deposits, gives out loans to people and organizations.
The basic objective underlying this study or this research work was to identify those sources of funds available to the banks, their uses and problems associated with bank funds generation and allocation in Nigeria.
This research has been structural into five chapters to make for easy reading and comprehension.
The author, dealt with the bank ground of the research work which gives an overview of the basic procedure of bank funds generation and its effective allocation.
He went further to the review of related literature the author lay hands on various Journals news paper, write various view as regard the sources and uses of bank funds in Nigeria. It also considered the current trend of inefficiency and ineffectiveness of certain banks.
Chapter three. Deals with research design and methodology. Primary and secondary data are used effectively.
Chapter four is presentation of data. The presentation interpretation, analysis of data and test of hypothesis in chapter one are done in this chapter using chi-square method.
Chapter five, dealt with findings, recommendation and conclusion. The authors finding is base on the hypothesis reveals that revenue available to bank functions and the funds readily available to theml are also poorly managed. It is upon- this findings that the author make recommendation and draw conclusion.
CHAPTER ONE
INTRODUCTION
1.1 BACK GROUND OF THE STUDY
The basic objective underlying this study or this research work was to identify those sources of funds available to the banks, their uses and problems associated with bank funds generation and allocation in Nigeria.
Banks are financial institutions that accepts deposits, gives out loans to people and organizations. The Banks and other financial institutions Decree No 25 of 1991 defined a commercial bank as “any bank in
Functions of Financial Institutions 23
Nigeria whose business includes the acceptance of deposits withdrawable by cheques. This definition presents the major distinguishing functions of commercial banks from other banks. According to Osumbor (1984) in his book Business Finance and Banking in Nigeria, commercial banks are unique in their performance of services and are distinguished from other forms of financial institutions or intermediaries because of the following functions:
Accept deposits from customers i.e. savings, current or demand deposit, fixed deposit or time deposit.
Lend money to approved customers i.e. overdraft, loan.
Allow the use of cheque
Safe-keep valuable assets for customer.
Provision of standing order facilities.
Give business advice to their customers.
Agents of government for monetary policy.
Assists customers for acquisition and sales of shares.
Issue of discount bills of exchange i.e. payment on behalf of customer.
Commercial bank creates money, this is done through deposits.
Money created = Original Deposits.
Cash ratio or reserve requirements.
They involve in agricultural financing.
They offer employment opportunities.
They act as guarantors to their customers.
They solve problem of foreign exchange.
They issue traveller’s cheques.
Their activities accelerate the economic development of a nation since they act as intermediaries
between large number of depositors and borrowers.
These banks could assume the responsibility of carrying out the duties of attorney, executor and
trustee.
1.5 STATEMENT OF HYPIOTHESIS
To guide research, the following hypothesis was formulated.
1 Ho: The available funds are able to meet the expectations and serve of the banks.
H1: The available fund are not able to meet the expectations and services of the banks.
2. Ho: the funds available to the banks are not
prudently managed.
H1: The funds available to the local government authorities are not prudently managed.
3. Ho: Nigeria banks are underfunded partly.
H1: Nigeria banks are underfunded partly.
4. Ho: There is financial autonomy of banks.
H1: There is no financial autonomy of banks
1.5 SIGNIFICANCE OF THE STUDY
The factors militating against a successful performance by the banks may be dual in native. They be managerial and financial in nature. They be managerial and financial in native. Finance is an important part of most organizations decision, and a clear understanding of the way in which decisions are made is essential if the role finance is to be seen in its true perspectives.
Finance is very crucial because if influences planning and achievement pf set objectives.
If the financial resources of the banks area buoyant and viable then this will go a long way strength to strengthen the economy and further boost the financial credibility of the banks.
1.2 STATEMENT OF PROBLEMS
The basic problem of banks includes:
- The problem of revenue generation and its effective allocation.
- Proper accountability of funds generated
- The problem of effective displine leadership in the banking sector
1.3 OBJECTIVES OF THE STUDY
a To examine the problems in bank finance and establish the factors responsible for poor revenue generation and ineffective allocation of the bank projects
b. To identify the problems especially as it affect finance with a view of making adequate recommendation for improvement
1.4 REASEARCH QUESTIONS
1. Are the availability of funds able to meet the expectation and services of the banks?
2. Are the funds available to the banks prudently managed?
The Significance of this study is there, to find ways of improving bank finance for effective channeling and allocation.
LIMITATION OF THE STUDY
1.6 There are a lot of limitations that surrounded this study. The main ones are time factors, non availability of funds at the time of this research, poor response to question also bring some difficulties.
1.7 DEFINITION OF TERMS
Bank: Banks are financial institutions that accepts deposits, gives out loans to people and organizations.
* Finance: – A body of fact with the raising of fund by banks. It encompass personal, business and public finance.
* Bank Allocation: The percentage of funds, the banks gets from the national fund.
REFERENCES
Odoh. N. (1998) Public finance for Polythenics
JTC Publisher Enugu P.15
Agbo .LO. (1995) Banking and politic in Nigeria
JTC Publisher Enugu P.15
Gboyega A. (1998) Banking and Effective Participation in western states
(Ph.D. Thesis), Ibadan, PP 70-78.
HOW TO GET THE FULL PROJECT WORK
PLEASE, print the following instructions and information if you will like to order/buy our complete written material(s).
HOW TO RECEIVE PROJECT MATERIAL(S)
After paying the appropriate amount (#10000) into our bank Account below, send the following information to
08139462710 or 08137701720
(1) Your project topics
(2) Email Address
(3) Payment Name
(4) Teller Number
We will send your material(s) immediately we receive bank alert
BANK ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.
OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 2023350498
Bank: UBA.
HOW TO IDENTIFY SCAM/FRAUD
As a result of fraud in Nigeria, people don’t believe there are good online businesses in Nigeria.
But on this site, we have provided “table of content and chapter one” of all our project topics and materials in order to convince you that we have the complete materials.
Secondly, we have provided our Bank Account on this site. Our Bank Account contains all information about the owner of this website. For your own security, all payment should be made in the bank.
No Fraudulent company uses Bank Account as a means of payment, because Bank Account contains the overall information of the owner
CAUTION/WARNING
Please, DO NOT COPY any of our materials on this website WORD-TO-WORD. These materials are to assist, direct you during your project. Study the materials carefully and use the information in them to develop your own new copy. Copying these materials word-to-word is CHEATING/ ILLEGAL because it affects Educational standard, and we will not be held responsible for it. If you must copy word-to-word please do not order/buy.
That you ordered this material shows you have agreed not to copy word-to-word.
FOR MORE INFORMATION, CALL:
08139462710 or 08137701720
YOU CAN ALSO CALL:
08068231953, 08168759420
Visit any of our project websites below:
www.easyprojectmaterials.com
www.easyprojectmaterials.com.ng
www.easyprojectmaterial.net
www.easyprojectmaterial.net.ng
www.easyprojectsolutions.com
www.worldofnolimit.com
www.worldofnolimit.com
Tags: SOURCES AND ALLOCATION OF FUNDS IN NIGERIA BANKING INDUSTRY
ABSTRACT
Banks are financial institutions that accepts deposits, gives out loans to people and organizations.
It is only through an effective generation and allocation of funds with its objectives aimed at standard and stabilizing the function and financial resources of banking institutions and to encourage initiatives and organiztion potential.
The basic procedure of banks is generating funds and properly allocating them
The current trends of inefficiency and ineffectiveness of the practice of generation and allocation of funds should be considered with the frame work of available resources.
There are no discipline on the part of the leadership, management and staff of the banks in collecting revenue efficiently and also try to put them into effective use.
In the light of the above, the researcher major objectives as regards this research work was to identity those source of finance available to banks, their uses and problem associated with their finance in Nigeria
The problem associated with sources, allocation of bank funds was critically examine in this project.
In handling the above research work primary and secondary data was used. The sources of primary data was by the use of questionnaires and oral interviews, while the secondary data sources are text books.
The analysis of data was based on percentages. It is on the strength of the finding that recommendation and conclusion was made.
TABLE OF CONTENTS
TITLE PAGE
CHAPTER ONE
1.1 BACK GROUND OF THE STUDY
1.2 STATEMENT OF PROBLEM
1.3 OBJECTIVE OF THE STUDY
1.4 RESEARCH QUESTIONS
1.5 STATEMENT OF HYPOTHESIS
1.6 SIGIFICANCE OF THE STUDY
1.7 DEFINITION OF TERMS
CHAPTER TWO
REVIEW OF RELATED LITERATURE
2.1 THE MEANING OF BANKS
2.2 FUNCTIONS OF BANKS
2.3 SOURCES OF REVENUE AVALIABLE TO BANKS
2.3.1 EXTERNAL ATTRIBUTES OF BANKS
2.4 THE IMPORTANCE/USES OF REVENUE GENERATED BY BANKS
2.5 PROBLEMS OF BANKS IN GENERATING FUNDS
CHAPTER THREE
3 RESEARCH SESIGN AND METHOD ————————————
3.1 SOURCE OF DATA ———————————————————
3.1.1 PRIMARY DATA ————————————————————
3.1.2 SECONDARY DATA ——————————————————–
3.2 POPULATION OF STUDY ————————————————-
3.2 INSTRUMENTATION ——————————————————-
3.4 SAMPLE SIZE —————————————————————–
3.5 VALIDITY AND RELIABILITY OF THE MEAUSRING INSRUMENT —————————————————————–
3.6 SAMPLING TECHNIQUES
CHAPTER FOUR
4.0 PRESENTATION OF DATA ————————————————
41 INTERPRETATION AND ANYALYSIS OF DATA ——————-
4.2 TESTING OF HYPOTHESIS ———————————————–
CHAPTER FIVE
FINDINGS, RECOMMENDATION AND CONCLUSION.
An examination of the sources and uses of bank funds in Nigeria
Proposal
Banks are financial institutions that accepts deposits, gives out loans to people and organizations.
The basic objective underlying this study or this research work was to identify those sources of funds available to the banks, their uses and problems associated with bank funds generation and allocation in Nigeria.
This research has been structural into five chapters to make for easy reading and comprehension.
The author, dealt with the bank ground of the research work which gives an overview of the basic procedure of bank funds generation and its effective allocation.
He went further to the review of related literature the author lay hands on various Journals news paper, write various view as regard the sources and uses of bank funds in Nigeria. It also considered the current trend of inefficiency and ineffectiveness of certain banks.
Chapter three. Deals with research design and methodology. Primary and secondary data are used effectively.
Chapter four is presentation of data. The presentation interpretation, analysis of data and test of hypothesis in chapter one are done in this chapter using chi-square method.
Chapter five, dealt with findings, recommendation and conclusion. The authors finding is base on the hypothesis reveals that revenue available to bank functions and the funds readily available to theml are also poorly managed. It is upon- this findings that the author make recommendation and draw conclusion.
CHAPTER ONE
INTRODUCTION
1.1 BACK GROUND OF THE STUDY
The basic objective underlying this study or this research work was to identify those sources of funds available to the banks, their uses and problems associated with bank funds generation and allocation in Nigeria.
Banks are financial institutions that accepts deposits, gives out loans to people and organizations. The Banks and other financial institutions Decree No 25 of 1991 defined a commercial bank as “any bank in
Functions of Financial Institutions 23
Nigeria whose business includes the acceptance of deposits withdrawable by cheques. This definition presents the major distinguishing functions of commercial banks from other banks. According to Osumbor (1984) in his book Business Finance and Banking in Nigeria, commercial banks are unique in their performance of services and are distinguished from other forms of financial institutions or intermediaries because of the following functions:
Accept deposits from customers i.e. savings, current or demand deposit, fixed deposit or time deposit.
Lend money to approved customers i.e. overdraft, loan.
Allow the use of cheque
Safe-keep valuable assets for customer.
Provision of standing order facilities.
Give business advice to their customers.
Agents of government for monetary policy.
Assists customers for acquisition and sales of shares.
Issue of discount bills of exchange i.e. payment on behalf of customer.
Commercial bank creates money, this is done through deposits.
Money created = Original Deposits.
Cash ratio or reserve requirements.
They involve in agricultural financing.
They offer employment opportunities.
They act as guarantors to their customers.
They solve problem of foreign exchange.
They issue traveller’s cheques.
Their activities accelerate the economic development of a nation since they act as intermediaries
between large number of depositors and borrowers.
These banks could assume the responsibility of carrying out the duties of attorney, executor and
trustee.
1.5 STATEMENT OF HYPIOTHESIS
To guide research, the following hypothesis was formulated.
1 Ho: The available funds are able to meet the expectations and serve of the banks.
H1: The available fund are not able to meet the expectations and services of the banks.
2. Ho: the funds available to the banks are not
prudently managed.
H1: The funds available to the local government authorities are not prudently managed.
3. Ho: Nigeria banks are underfunded partly.
H1: Nigeria banks are underfunded partly.
4. Ho: There is financial autonomy of banks.
H1: There is no financial autonomy of banks
1.5 SIGNIFICANCE OF THE STUDY
The factors militating against a successful performance by the banks may be dual in native. They be managerial and financial in nature. They be managerial and financial in native. Finance is an important part of most organizations decision, and a clear understanding of the way in which decisions are made is essential if the role finance is to be seen in its true perspectives.
Finance is very crucial because if influences planning and achievement pf set objectives.
If the financial resources of the banks area buoyant and viable then this will go a long way strength to strengthen the economy and further boost the financial credibility of the banks.
1.2 STATEMENT OF PROBLEMS
The basic problem of banks includes:
- The problem of revenue generation and its effective allocation.
- Proper accountability of funds generated
- The problem of effective displine leadership in the banking sector
1.3 OBJECTIVES OF THE STUDY
a To examine the problems in bank finance and establish the factors responsible for poor revenue generation and ineffective allocation of the bank projects
b. To identify the problems especially as it affect finance with a view of making adequate recommendation for improvement
1.4 REASEARCH QUESTIONS
1. Are the availability of funds able to meet the expectation and services of the banks?
2. Are the funds available to the banks prudently managed?
The Significance of this study is there, to find ways of improving bank finance for effective channeling and allocation.
LIMITATION OF THE STUDY
1.6 There are a lot of limitations that surrounded this study. The main ones are time factors, non availability of funds at the time of this research, poor response to question also bring some difficulties.
1.7 DEFINITION OF TERMS
Bank: Banks are financial institutions that accepts deposits, gives out loans to people and organizations.
* Finance: – A body of fact with the raising of fund by banks. It encompass personal, business and public finance.
* Bank Allocation: The percentage of funds, the banks gets from the national fund.
REFERENCES
Odoh. N. (1998) Public finance for Polythenics
JTC Publisher Enugu P.15
Agbo .LO. (1995) Banking and politic in Nigeria
JTC Publisher Enugu P.15
Gboyega A. (1998) Banking and Effective Participation in western states
(Ph.D. Thesis), Ibadan, PP 70-78.
HOW TO GET THE FULL PROJECT WORK
PLEASE, print the following instructions and information if you will like to order/buy our complete written material(s).
HOW TO RECEIVE PROJECT MATERIAL(S)
After paying the appropriate amount (#5000) into our bank Account below, send the following information to
08139462710 or 08137701720
(1) Your project topics
(2) Email Address
(3) Payment Name
(4) Teller Number
We will send your material(s) immediately we receive bank alert
BANK ACCOUNTS
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 0046579864
Bank: GTBank.
OR
Account Name: AMUTAH DANIEL CHUKWUDI
Account Number: 2023350498
Bank: UBA.
HOW TO IDENTIFY SCAM/FRAUD
As a result of fraud in Nigeria, people don’t believe there are good online businesses in Nigeria.
But on this site, we have provided “table of content and chapter one” of all our project topics and materials in order to convince you that we have the complete materials.
Secondly, we have provided our Bank Account on this site. Our Bank Account contains all information about the owner of this website. For your own security, all payment should be made in the bank.
No Fraudulent company uses Bank Account as a means of payment, because Bank Account contains the overall information of the owner
CAUTION/WARNING
Please, DO NOT COPY any of our materials on this website WORD-TO-WORD. These materials are to assist, direct you during your project. Study the materials carefully and use the information in them to develop your own new copy. Copying these materials word-to-word is CHEATING/ ILLEGAL because it affects Educational standard, and we will not be held responsible for it. If you must copy word-to-word please do not order/buy.
That you ordered this material shows you have agreed not to copy word-to-word.
FOR MORE INFORMATION, CALL:
08139462710 or 08137701720
YOU CAN ALSO CALL:
08068231953, 08168759420
Visit any of our project websites below:
www.easyprojectmaterials.com
www.easyprojectmaterials.com.ng
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www.easyprojectsolutions.com
www.worldofnolimit.com
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Tags: SOURCES AND ALLOCATION OF FUNDS IN NIGERIA BANKING INDUSTRY
