The system of Banking arose as a result of the development of paper money. In olden days when people were using system of exchange “Barter trade†where goods are exchanged for good. The British Gold smith formed the habit of keeping peoples valuables like gold and issue receipts, which were being stored by the Gold smith until later dates.
From these, the system of Banking started developing till it reached its stage now in the world.
In Nigeria, the first indigenous bank was National Bank of Nigeria (NBN) which started operation in 1933 which was after the establishment of Africa Banking Corporation (AB) in 1892. British Bank of West Africa (BBWA) was then established in 1893 and started operations in 1894.
Then this African continental Bank PLC (ACB) followed in 1947 before other bank started to exist.
The performance of banking industries in Nigeria cannot be over emphasized but it has contributed a lot in the development of Nigerian business.
Nigerian banks have not performed up to its expectation over the years of its establishment. The system has experienced a lot of short falls, which will be highlighted in this write-up.
Due to changing economy of the nation, banking system is expected to play a vital role in the Nigerian business economy.
The consumers of this project will understand the development of Nigeria banking system, the problem facing it, cause of the problems and also means of preventing future problem in the system.
TABLE OF CONTENT
TITLE PAGE
APPROVAL PAGE
PREFACE
PROPOSAL
ACKNOWLEDGEMENT
DEDICATION
CHAPTER ONE
1.1Background of the study
1.2Statement of the problem
1.3Purpose /objective of the study
1.4Significance of the study
1.5Limitation of the study
1.6Definition of terms.
CHAPTER TWO
Review of related literature
2.1 Definition of a bank
2.2 Types of banks and their functions.
2.3 The role of banks in the National Economy
2.4 Types of problem facing commercial banking industry in Nigerian.
CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY.
3.1 Source of data (Secondary data only)
3.2 Location of data
3.3 Method of data collection (literature work only)
CHAPTER FOUR
4.1 Findings
CHAPTER FIVE
5.1 Recommendation
5.2 Conclusion.
Disclaimer: Note this academic material is intended as a guide for your academic research work. Do not copy word for word. Note: For Computer or Programming related works, some works might not contain source codes
CITE THIS WORK
(2012, 12). The Problem Of Banking Systems In Nigeria.. ProjectStoc.com. Retrieved 12, 2012, from https://projectstoc.com/read/565/the-problem-of-banking-systems-in-nigeria
"The Problem Of Banking Systems In Nigeria." ProjectStoc.com. 12 2012. 2012. 12 2012 <https://projectstoc.com/read/565/the-problem-of-banking-systems-in-nigeria>.
"The Problem Of Banking Systems In Nigeria.." ProjectStoc.com. ProjectStoc.com, 12 2012. Web. 12 2012. <https://projectstoc.com/read/565/the-problem-of-banking-systems-in-nigeria>.
"The Problem Of Banking Systems In Nigeria.." ProjectStoc.com. 12, 2012. Accessed 12, 2012. https://projectstoc.com/read/565/the-problem-of-banking-systems-in-nigeria.
- Related Works
- Agricultural Loan Disbursement And Repayment In Nigerial Commercial Banks [a Case Study Of Afribank Nigerial Plc]
- A Research Into The Spiral Growth Of Banks In Nigeria: Manpower Problems And Solutions, Cannot Be Over Emphasized. In Pursuance Of This Investigation The Researcher Formulated Four Research Objectives, Utilized Library And Sample
- An Appraisal Of The Role Of Deposit Money Banks In Financing Agricultural Projects In Enugu State (a Case Study Of Selected Deposit Money Banks Enugu Metropolis)
- Appraisal Of Fraud Control Techniques In Nigeria Commercial Banks ( A Case Study Of First Bank Nigeria Plc)
- The Role Of Banks In Industrial Development Of Nigeria
- Marketing Of Financial Services By Nigerian Banking Industry
- Community Bank As A Catalist For Rural Developmnet In Enugu Stat E [a Case Study Of Ogui Urban Community Bank, Enugu]
- The Role Of The Central Bank Of Nigeria In The Development Of Money Market
- Debt Recovery Techniques In The Banking Sector, Problems And Prospect. (a Case Study Of Union Bank Nigeria Plc).
- Internal Control System As A Means Of Preventing Fraud In Nigeria Financial Institution (a Case Study Of First Bank Of Nigeria Plc Onitsha)