Home»Banking and Finance» Analysis of funds management in providing a sound banking system in Nigeria (case study of First Bank plc, Minna)

Analysis of funds management in providing a sound banking system in Nigeria (case study of First Bank plc, Minna)

 Department:Banking and Finance  
 By:usericon muhalhq  

 Project ID: 7332
 Rating:  (3.0) votes: 2
   Price:₦4000
Abstract
This study examined the effectiveness of funds management in providing a sound banking system in Nigeria, using First Bank PLC, Minna as a case study. The study employed a descriptive survey research design and collected data from a sample of 80 respondents through questionnaires. The data was analyzed using descriptive and inferential statistics. The study found that effective funds management is critical for ensuring the stability and profitability of banks in Nigeria. The study also found that there is a positive relationship between the effectiveness of funds management and the overall soundness of the banking system in Nigeria. The study concludes that effective funds management is essential for the stability and profitability of banks in Nigeria. The study also recommends that the Central Bank of Nigeria (CBN) should continue to strengthen the regulatory framework for funds management in Nigeria, banks in Nigeria should continue to adopt transparent practices in their funds management activities, banks in Nigeria should invest in efficient risk management systems and practices, banks in Nigeria should continue to adopt advanced technology and digital platforms to improve their funds management capabilities, and banks in Nigeria should develop and implement effective funds management strategies that are tailored to their specific needs and circumstances. ...
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