Risk management in commercial banks - case study of First Bank Nigeria plc, Talata Mafara branch, Zamfara state Department:Accountancy By: Iphone6 Project ID: 5294 Rating: (5.0) votes: 2 Price:₦3000 Get the Complete MaterialAbstractThe research project examined risk management in the Nigerian banking industry. First bank of Nigeria Plc Talata Mafara Branch was used as the case study. The data used for the study were collected majorly from primary sources through the distribution of questionnaires to respondents in the bank. Simple percentages were used to analyze the respondents’ responses to each of the questions. The analysis revealed that risk in the likelihood of fraud and forgery, operational risk, market risk and system risk abound in the Nigerian banking operations which needed to be managed appropriately in order to improve performances and profitability of the banks. Based on the research findings, it was discovered that Nigeria's banking operations are affected more by credit risk and operational risk than market risk. It was therefore recommended among others that the Nigerian government should strengthen the legal framework for the enforcement of loans repayment from borrowers to banks upon loan maturity. And that financial regulator must adopt a risk management approach that is in complete compliance with international standards focusing on the financial and operational risks faced by banks so as to guide against any risks associated with the banking operations. ...Preview Download Preview +Other Accountancy project topics and materials you might be interested in»The Impact of Accounting Ratio in Decision Making ( A Case Study of Nigeria Breweries Plc Enugu) »The impact of budget and budgetary control in tertiary institutions ( A Case study of imo state university )»Internal control as a tool for improving profitability»The role of financial institutions in the development of Nigeria economy»Impact of computerization of accounting system of commercial banks ( A case study of union bank plc )»The Impact of product development on banks performance ( A Case study of first bank plc )»Role of good accounting system in the management of private enterprise in Nigeria ( A Case Study of Nwaogo pam paper mills limited )»Effects of standard costing on the profitability of manufacturing companies (a case study of nigerian breweries plc, Ama, Udi local government of Enugu state) »The role of accounting system in measuring organizational performance of transport company ( A Case study of ABC Transport )»Auditing in Nigeria companies, problems and prospects»Effect of misrepresentation of information in a financial statement»Effective internal control as an aid to management efficiency ( Case Study of Nigeria Bottling Company Owerri )»The effects of computerized accounting system on the performance of banking industry in Nigeria»The impact of development finance institutions (DFIS) in economic development of Nigeria»An appraisal of fraud prevention measures in Nigerian banking sector ( Case study of access bank plc owerri )