PROPOSAL
The research work is a plan, which is vacant to focus on the study of the
impact of banking regulation and supervision in Nigeria commercial bank since
the number of distressed bank has been on the increase. This has meant
ore responsibilities for the supervisory authority. The author feel that
the now to check and verify whether the option to establish an efficient
banking regulation and supervision in Nigeria commercial bank is encouraging or
discouraging.
However, some reported of study of the impact of banking regulation and
supervision should be worked at together with the supervisory legal frame
work. A reference do the operational requirement and mode of supervision
is demand necessary to be looked at.
Thus this research work can be considered essential to the workers or enter the
management of any financial institution.
Furthermore presentation and analysis of data which will entail the testing of
hypothesis through statistical tool such as percentage, graphical
representation square and table would be made use of in this research work
copies of questionnaires will be distributed to staff of Union Bank Plc for
collection of certain data after which an interpretation will be made before
setting down the conclusion.
TABLE OF CONTENTS
CHAPTER ONE
1.0
Introduction
1.1
Background of the study
1.2
Statement of the study
1.3
Objective of the study
1.4
Significant of the study
1.5
Limitation of the study
1.6
Definition of terms
1.7
References
CHAPTER TWO
REVIEW OF RELATED
LITERATURE
2.1
Banking regulation
2.2
Banking regulation frame work
2.3
Banking supervisory role
2.4
Scope of supervisory role
2.5
The supervisory legal frame work
2.6
The conduct of supervision and examination
2.7
Operational requirement
2.8
Mode of supervision
2.9
The role of NDIC in the supervisory system
2.10
Reasons for the impact of banking regulation and supervision
CHAPTER THREE
RESEARCH METHODOLOGY
3.1
Research design
3.2
Location of data
3.3
Method of data collection
Reference
CHAPTER FOUR
Finding
CHAPTER FIVE
RECOMMENDATION AND
CONCLUSION
5.0
Recommendation
5.1
Conclusion
Bibliography
CHAPTER ONE
1.0 INTRODUCTION
Modern commercial
banking in Nigeria dates back to the early period. The decline in barter
system of trade and the rise in financial transaction of the colonial
government required an institution in the form of commercial bank for safety
and transmission of fund. It was for purpose that African banking
corporation based in South Africa an was invited in 1892 to open a branch
office in Lagos but its existence was made precarious by the trade depression
which hit Lagos in that year. In the year 1894, its operations were taken
over by the Bank of British West African absorbed the bank of Nigeria and
exercised monopoly over banking in Nigeria. In the year 1925 the Bardays
Bank started operation in Nigeria, other colonial bank joined in the later
years. The indigenization exercised abolished the existence of the
expatriate banking in Nigeria their existence was terminated for some of the
problem in land as at that time, the review of the history of the development
of banking regulation shows that a variety of law regulation and supervisory
practice have been involved and that they substantially meet the objective of
regulation the current regulatory and supervisory framework approximate
practice the world over and involved prohibitation and restriction or some
activities of banks that could be termed abusive and highly risky. It
also includes supervising nearly every aspect of a bank operation and policy
making function. These regulatory provision and supervisory steps and
further supported by a wide range of enforcement power for the CBN. The
CBN has responded to banking problem over the year. Such responses
include the adoption of prudential guidelines on the basal risk based capital
requirement increased enforcement authority and greater power and more pragmatic
way of dealing with troubled bank.
1.1 BACKGROUND
OF STUDY
Union Bank of Nigeria
Plc is one of the big three leading commercial bank of Nigeria know as first
class commercial bank. Formally colonial bank was of the British West
Indies organs and was well rooted in that colony before 1836.
The Act of Parliament in
1961 to allow it operates in other British colonies. In 1917 under the
chairmanship of Lord Beaver book. The bank opened new branches in Lagos,
Zaria and Accra in Gold Coast. The expansion and growth of the bank was
rapid so rapid that by 1920, three year after it started operation in
Nigeria. The bank had established three new branches in Port Harcourt,
Jos and Kano bringing the total number of the branches of the bank world over
to fifteen. Also within this period. (1916) they had grown in
assets and liabilities and was competing favourably with BBNA (British bank of
West African) as the capital of both banks stood at $200,000 each while the
paid up capital was $600,000 for colonial bank and $560,000 for BBWA. The
revenue account for the banks and $220,000 BBWA respectively. Under a
working arrangement between Union bank of England and some other international
banks who had interest in the two banks, the colonial bank was absorbed by
Barclays Bank in 1922 the renamed Barclays bank (Dominion, colonial and
overseas) like her predecessor the BBWA, the Barclay bank (DCO) became Barclays
bank Nigeria limited and subsequently the grant Union bank of Nigeria Plc.
1.2 STATEMENT
OF THE PROBLEM
It has observed in
Nigeria today, the financial environment has become very vibrant as a result of
the economic restructuring that has been in progress since 1986. As a
result of which the banking industry has became increasingly complex and
competitive.
Consequently, the
fundamental drive of this study is to bring into bare the impact of banking
regulation and supervision in view of the ever changing financial
environment. Some of the problems in our banking industries are stated as
follows:
(i)
Distress in Nigeria commercial banks
(ii)
The inherent weaknesses in the design and implementation of the regulatory
supervisory measure.
(iii) The
need for consultations of potential operators in formation process.
1.3 OBJECTIVE
OF THE STUDY
A research study on
banking regulation and supervision is both topical and relevant at a time when
government is planning divestment of its share holding in bank and when the
upsurge in the number of commercial bank engendered increased competition among
the bank as well as between banks and other institution operating within the
financial services industry. This had led not only to an available of new
financial instruments and product, but reduced margins and less profits.
Again, the number of distressed banks has been on the increased and this has
meant more responsibilities and anxieties for the supervisory
authorities. In conducting this research study, it is hoped that apart
from contributing to existing literature on the subject, this research study
shall also do the following:
(i)
To discuss the concept of banking regulation and supervision in Nigeria
commercial banks. So as to get a better view of the operation of the
banking sector.
(ii) To
identify and discuss various policy measures as contained in the regulatory
decrees and show the need for a current decree
1.4 SIGNIFICANCE
OF THE STUDY
Establishment and
operating a comprehensive banking regulation and supervision in commercial bank
reassures confidence in the banking sector in view of current high
competitiveness of the commercial bank and multiplicity of branches. The
significance of the study lies in the Central banking authorities arising up to
the challenges in banks and conducting regular supervision and examination of
bank as a means of maintaining surveillance on banking operation to ensure that
bank comply with banking law and other directive stipulated by the monetary
authorities. Moreover, this study will be useful to Central bank of
Nigeria (CBN) authorities lecturers. Corporate organization and the
general public at large, it will open new areas for further research work.
DEFINITION OF TERMS
This study is meant to
serve different classes of people, it is the believe of the research that not
every body will understand some of the key terms used in this study with this
in mind, the following key terms are defined.
BANKING SUPERVISION
This is a matter of
judgment and prudential analysis to ensure that individual bank observe laid
down law and operate within the prescribed monetary policy objectives.
BANKING DISTRESS
This means when a bank
is not able to meet balance sheet test of having enough asset at market value
to cover its liabilities.
INVESTEMNT
Taking away of share
holding from bank of any corporate entity.
BANKING REGULATION
Banking control
especially be rules adjust to work correctly, or according to one’s
requirement.
Department | Banking and Finance |
Project ID Code | BFN0140 |
Chapters | 5 Chapters |
No of Pages | 51 pages |
Methodology | Null |
Reference | YES |
Format | Microsoft Word |
Price | ₦4000, $15 |
|
|
Contact Us On | +2348039638328 |
Contact Us On | +2347026816414 |
|