TABLE OF CONTENT
CHAPTER ONE
INTRODUCTION
1.1 Background history of the
study
1.2 Statement of problem
1.3 Aims /objective of the
study
1.4 Significant of the study
1.5 Limitation of the study
CHAPTER TWO
2.1 Literature review
CHAPTER THREE
3.1 Research design and
methodology
3.2 locations of data
3.3 methods of data
collection /analysis
CHAPTER FOUR
4.1 findings
CHAPTER FIVE
5.1 recommendation and
conclusion.
CHAPTER ONE
INTRODUCTION
Twenty five years is
rather short in the history of an industry. In advance country of the world
particularly united kingdom where the history of banking industry date have
couple of strike taking.
Merchant banks
(Acceptance houses as they are best known in the U.K. and investment bank as
they are known in America) are today common and prominent features of most
economics of the world. These institutions have existed in the U.K. for over
two hundred years in some prm. In spite of these, to the average educated man
today, intending the banker, merchant banking is still mystical. The few who
claim to know the institution and are possibly able to describe it, are often
incapable of providing a precise instructive and generally acceptable definition.
As bank of America’s John lucchesi put it “merchant banking is like being in
love different for everybody. No two people experience it the same way. But
when you see it, fell it, you known” looking back twenty five years and
appraising the growth, development operation and the roles of an industry (
BANK) that was a part of that beginnings would appear justified. Looking back
and counting the successes and failure of the industry through useful is not
the only goal of the researcher.
Additionally, and
rather importantly it is hoped that the insight provided by a critical analysis
of the past would enable the development of policies and more potent strategies
for making the merchant banking institution perform their catalytic role
effectively. In Nigeria for example merchant banks have undoubtedly, in spite
of critisms made tremendous and credit with contributions to the general
development of our country’s economy and particular to the development of our
financial environment.
Merely
through their operation, they have in creased the size of financial claims in
issue in Nigeria and helped in that way to broaden the country’s financial
infrastructure. The researcher may look into the origin and evolution to data
of merchant banking industry in Nigeria.
The operations of
merchant banking institution the last twenty five years noting and
highlighting the operations of merchant banking institution the last twenty
five years noting and highlighting the observed growth and development of the
merchant banking in Nigeria is undertaken. The achievement constraints and
weakness and opportunities facing the industry.
Infact the success and
failure of these older and more experience financial industries. The provision
of merchant banking system to the economy of a country such as Nigeria has
remained a life wire through which the economy grows. It becomes imperative
therefore that the provision of these services endeared by merchant banks and
other financial institutions are very essential to the economy.
STATEMENT OF PROBLEM
1. There has been a great failure of the merchant
bank in Nigeria, loop holes in their roles will be looked into
2. No new merchant bank has been established where
other financial institution have been growing rapidly.
3. Therefore these weakness and opportunities
facing the industry and why the achievement of merchant bank so poor since
twenty five years now.
PURPOSE /OBJECTIVE OF STUDY
1. The purpose of the study is to find out the
functions performed by merchant banks in Nigeria and loop notes in their roles.
2. To appraise the growth of merchant bank in
Nigeria and provide reasons for establishment of new merchant banks
3. To identify the merchant bank constraints and
achievement.
SIGNIFICANCE OF STUDY
Nigeria financial system is still highly
under-developed knowledge about this system has been growing gradually with the
publication of various books on banking and finance in Nigeria despite the increasing
literature in this area the myth surrounding merchant banking activities is yet
to be broken the myth stem from the difficult in giving a precise and generally
acceptable dessecription of what constitutes merchant banking activities
in Nigeria and in drawing a clear line of demarcation between the activities of
merchant banking and those of commercial banks.
An attempt will be made also to
increase certain understanding of the concept evolution, development and
activities of merchant banks in Nigeria and is this bold attempt to break the
fore mentioned myth. I think this attempt will be most welcome as it affords us
the opportunity of taking a respective look at merchant banking in
Nigeria.
Department | Banking and Finance |
Project ID Code | BFN0043 |
Chapters | 5 Chapters |
No of Pages | 23 pages |
Methodology | Null |
Reference | YES |
Format | Microsoft Word |
Price | ₦4000, $15 |
|
|
Contact Us On | +2349067372103 |
Contact Us On | +2349094562208 |
|