Operational Risk Management In Nigeria Banks’ (a Case Study Of Guaranty Trust Bank Plc)

ABSTRACT

 The specialty literature says that the risk is an essential element for any economic activity. It can be removed, but it can be administrate. This is why everybody says that „the one that doesn’t risk is the one that risks the most” because he loses winning and development chances for his business.  A success strategy for a financial institution must have programmes and administrative procedures for banking operational risks, in order to minimize the appearance probability and the potential exposure of the operational risks and to achieve the central objective: a very good income for the shareholders.  However, in the real life there can be situations when the implementation and working procedures costs may be higher than the potential risk exposure. Also we can have situations when the bank strategy involves high and new risks. That is why the risks minimization shouldn’t be transformed in an objective. Therefore, the purpose of the study is to examine operational risk management in Nigeria banks, the research as reviewed the contributions of some authors on the research topic. The researcher also selected Guaranty Trust Bank Plc as a case study. The sampled size used by the researcher for the study was 70. 70 questionnaires were distributed to the organizations and out of which 60 questionnaires were properly filled and returned for the data analysis. After the analysis, it was found out that there is significant impact of operational risk management on Nigeria Banks.  operational risk management has no significant impact on bank profitability and that operational risk management has significant impact on bank productivity. Based on the findings, it was recommended that Organizations should give more emphasis in leadership development starting from the junior level management to top level management. Operations risk problems can be removed with proper business policy formulation and its effective and efficient implementation. 

TABLE OF CONTENT

Title page 

Approval page 

Dedication 

Acknowledgement 

Abstract

Table of contents 

CHAPTER ONE 

INTRODUCTION  

1.1   Background of the study 

1.2   Statement of the Problem

1.3   Objective of the study 

1.4   Research questions

1.5   Research Hypotheses

1.6   Significance of the study 

1.7   Scope of the study 

1.7   Limitations of the Study

1.7   Definition of operational terms 

CHAPTER TWO 

LITERATURE REVIEW

CHAPTER THREE

RESEARCH METHODOLOGY 

CHAPTER FOUR 

CHAPTER FIVE 

Summary of Findings, Conclusions and Recommendations

5.1   Summaries of findings 

5.2   Conclusions 

5.3   Recommendations 

      References  

      Appendix i