The Impact of Recapitalisation of the Banking Industry in Nigeria.

THE RECAPITALISATION/CONSOLIDATION OF THE BANKING INDUSTRY IN NIGERIA: A CRITICAL ASSESSMENT. DIRISU ODION O. M AUCHI POLYTECHNIC, AUCHI, crown of Japan STATE. ABSTRACT The current global spare-time activity for the strengthening of the banking constitution has propelled Nigerias form _or_ system of political relation shift to re seat of governmentize the capital base of banks in the country. The monger objective of this field of view thus is to determine the impact of the twenty-five billion Naira recapitalization and consolidation policy of Banks on the Nigerian economy. The mind of the banking reforms in Nigeria in this study has revealed that inspite of attendant problems of management and mental ability building in mega banks, it has created a fundamentally strong banking airfield with a stronger capital structure and a reduced try profile. It has increased the payments system efficiency, created regional banks and reliability in vale t de chambre-wide banking, among others. It is however been suggested that carefulness should be taken against alien conjunction and domination of self-possession of banks in the process of recapitalization and consolidation. SECTION I 1.0INTRODUCTION Banking system, the world over, plays a fundamental role in growth and maturation of an economy.

The strength and efficiency in performing this role, take upicularly the intermediation in the midst of the surplus and deficit unit of the economy, depend for the most part on the level of development of the banking system. It is to ensure its soundness that the banking sphere of influence appea! rs to be the most regulated and controlled by the government and its agencies. Generally, the tier of development and, thus, the efficiency of the system varies among countries and changes overtime in the equal country. The more than developed and sophisticated banking system is the more it tends to be associated with the mature economies, while under-developed banking systems feature in growing economies. As a process, banking system adjusts to changes in the real economy...If you wishing to get off a full essay, order it on our website: BestEssayCheap.com

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