Preview

The Impact of Financial Sector Policies (Financial Sector Strategic Plan Finssp - on Banking Efficiency in Ghana. (2001-2008)

Satisfactory Essays
Open Document
Open Document
17647 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Impact of Financial Sector Policies (Financial Sector Strategic Plan Finssp - on Banking Efficiency in Ghana. (2001-2008)
TOPIC: THE IMPACT OF FINANCIAL SECTOR POLICIES (FINANCIAL SECTOR STRATEGIC PLAN FINSSP - ON BANKING EFFICIENCY IN GHANA. (2001-2008)

TABLE OF CONTENTS
Chapter One: Introduction /Problem Statement
1.1 Introduction of Subject Matter…………………………….. ………….. 5-8
1.2 Project Overview and Objectives ……………………………………… 9-11
Chapter Two: Review of Related Literature
2.1 Overview…………. ……………………………………………………12-12
2.2 History and Characteristics of Ghanaian Fin Sector....………………….12-16
2.3 Structural Adjustment Program …………………………......................16-16
2.4 Financial Sector Adjustment Program…………………......................... 17-21
2.5 Financial Sector Strategic Plan………………………………………….21-23
Chapter Three: Methodology and Theoretical Framework
3.0 Overview ………………………………………………………………. 24-24
3.1 Methodology…………………………………………………………….25-26
3.2 Review of Existing Theories…………………………………………….26-29
3.3 Measurement of Banking Efficiency…………………………………....29-32
Chapter Four: Vision of Financial Sector Strategic Plan
4.0 Background ……………………………………………………………..33-33
4.1 Objectives……………………………………………………….............33-34

Chapter Five: Environmental Analysis
5.1 Background ……………………………………………… ……………. .35-35
5.2 Political Environment ………………………………………………........35-36
5.3 Economic Environment …………………………………. ……………...36-37
5.4 Industry Analysis…………………………………………………............37-41
5.5 Schedule of Economic Indicators………………………………………....41-42 Chapter Six: Threats and Critical Success Factors to the Implementation
Financial sector strategic plan
6.0 Background…………………………………………………………. ….....43-43
6.1 Threats to Successful Implementation……………………………………..43-45
6.2 Key Success Factors………………………………………………………..45-49
Chapter Seven: Identification of Central Managerial Issue
7.0 Background………………………………………………………………..50-50
7.1 Measuring Efficiency



References: 1.1 Introduction of Subject Matter/Problem Statement The liberalization of financial markets and the promotion of financial efficiency has been long recognized by Policy Makers and economic gurus such as Cho Yoon Je(2002) and Mahamadu Bahumia (2010). 1.2 Project Overview and Objectives Objectives of the study is to review and examine whether the issues that have been raised in the previous section has been addressed duly by the Financial Sector Strategic Plan (2003).

You May Also Find These Documents Helpful

  • Powerful Essays

    Study Guide

    • 8383 Words
    • 34 Pages

    Part 2 of this book focuses on financial markets, markets in which funds are transferred from people who have an excess of available funds to people who have a shortage. Financial markets such as bond and stock markets are crucial to promoting greater economic efficiency by channeling funds from people who do not have a productive use for them to those who do. Indeed, well-functioning financial markets are a key factor in producing high economic growth, and poorly performing financial markets are one reason…

    • 8383 Words
    • 34 Pages
    Powerful Essays
  • Powerful Essays

    Cho, Y.J., 1986. Inefficiencies from financial liberalization in the absence of well-functioning equity markets. Journal of Money Credit and Banking 18, 88±102.…

    • 4310 Words
    • 18 Pages
    Powerful Essays
  • Powerful Essays

    The paper overviews the banking sector reforms within the framework of the Nigerian Financial System. A theoretical approach was adopted although empirical evidence was presented in some cases. It was clear that developments in the banking sub-sector of the Nigerian financial system have contributed to some extent in promoting economic growth and development in the country. However, the operations of some of these institutions were characterized by inefficiency and ineffectiveness. It was also found that the challenges facing the regulatory authorities in promoting a sound, stable and efficient banking system are enormous. Indeed, the adoption of financial sector reform as an element of the Structural Adjustment Programme (SAP) has to a considerable extent, helped to reduce or eliminate most of the institutional rigidities and administrative controls that had hindered the efficiency and effectiveness of the system, in achieving the nation’s growth and development objectives. In particular, the deregulation of the financial sector has stimulated competition and enhanced efficiency in resource allocation. Specifically some of the major achievements include: increase in the number of operating bank branches; improved service delivery and products innovation; improved approach to monetary management; improved payments system. Given that the challenges facing the regulatory authorities in promoting a sound, stable and efficient financial system are enormous it requires the strengthening of each institution’s regulatory framework and capacity as well as maintaining effective coordination of various regulatory efforts to avoid conflict of roles and duplication of efforts.…

    • 6388 Words
    • 26 Pages
    Powerful Essays
  • Good Essays

    “Financial Market Deregulation”, Economic Report of the President, prepared by the Council of Economic Advisers”, American Banker, Volume 149, P5(9), 1984, March 13, pp6…

    • 13139 Words
    • 53 Pages
    Good Essays
  • Powerful Essays

    Bibliography: Achimunu, C. (2002) “Critical development” in 100 years of banking in Nigeria. (1992 -2002) Lessons for Today’s Bankers. Ike Onyechere, Potomac Nig Ltd, Lagos…

    • 10170 Words
    • 41 Pages
    Powerful Essays
  • Powerful Essays

    Each company transfers its net assets to a newly formed company, which exists solely for the purpose.…

    • 12756 Words
    • 52 Pages
    Powerful Essays
  • Good Essays

    financial and capital market more complete by generating market interest rates that reflect the opportunity…

    • 1053 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Idam E.l (2002): Bank Management in Nigeria Concepts Method and Processes, Abakaliki Nwamzi Printing and Publishing.…

    • 2673 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    AN EVALUATION OF THE FINANCIAL AND BUSINESS PERFORMANCE OF CAL BANK (GHANA) LIMITED BETWEEN DECEMBER 31, 2005 AND DECEMBER 31, 2007.…

    • 1463 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    Finance, in general terms, is the raising of required fund. Finance is the function of raising fund and then properly managing the collected fund. Nickel, et. al. (2005) further stated that finance is a function in business (private/public) that acquires funds for the organisation and manages those funds within the organisation, these activities include preparing of budgets; doing cash flow analysis; and planning for the expenditure of funds’ assets. In the Nigerian state, the totality the manipulation, exploration, control and handling of the fiscal allocations and its generation is referred to as public finance management. Generally, in the Nigerian state and the Nigerian situation which is widely acknowledged to be thoroughly corrupt, there a great mismanagement and misappropriation of public funds as the leaders and politicians in office loot public funds, manipulate public expenditure and budget in their favour and for personal gains leaving the masses distraught, unemployed, poor and cheated. Due to the growing gap between the rich and poor in Nigeria as a result of mismanagement of public funds it has led to the increase in crime rate and low standard of living which is accustomed by economic under-development.…

    • 1577 Words
    • 6 Pages
    Powerful Essays
  • Powerful Essays

    The deregulation of the Nigerian economy through SAP affected the Nigerian financial system in many ways (Umunnaehila, 1996). These include methods of licensing new banks and financial institutions, the pricing of credits and deposits, foreign exchange management, the sectoral matrix of credits and deposits, and banks' branch networking, among others. The restructuring policy of SAP, also, brought deregulations in the Nigerian banking system which encouraged many new banks to enter into the Nigerian banking industry, the results of which were shown in intense competition within and without the Nigerian banking industry. This increased competition resulted in banks seeking for clients and designing services that would meet clients' needs and wants. Consequently, Nigerian banks started designing new approaches and strategies to ensure survival and growth (Umoh, 1992). However, the performance of banks in the Nigerian banking system does not seem to have been good enough because while some banks appear to have brought dynamism, challenges, competition, and growth in the banking sector, others seem to have lost some of the confidence which their clients had in them, in addition to poor performance indices in their operations, which have resulted into all forms of distress. This unclear nature of the effectiveness of the approaches utilised by Nigerian banks to cope with changes in the banking environment constituted the major research problem of this study.…

    • 4410 Words
    • 18 Pages
    Powerful Essays
  • Good Essays

    Factors Affect Profitability

    • 26831 Words
    • 108 Pages

    This is to certify that the thesis prepared by Amdemikael Abera, entitled: Factors Affecting Profitability: an Empirical Study on Ethiopian Banking Industry and submitted in partial fulfillment of the requirements for the degree of Degree of Master of Science (Accounting and Finance) complies with the regulations of the University and meets the accepted standards with respect to originality and quality.…

    • 26831 Words
    • 108 Pages
    Good Essays
  • Powerful Essays

    Financial intermediation is an important activity in the economy because it allows funds to be channeled from people who might otherwise not put them to productive use to people who will ultimately put the funds to productive uses. In line with the assumption that banking sector plays an important role in financing the investment projects, successive governments in Nigeria have carried out reforms and institutional innovations in the banking sector. The overall intention of these reforms has been to ensure financial stability so as to influence the growth of the economy and also enhance banks to play a critical role of financial intermediation in Nigeria. However, despite the fact that Nigerian banks have undergone series of restructuring/reforms aimed at strengthening the banks’ ability to efficient service delivery and fund the real sector, problems such as; inefficiency in allocating funds to the real sector, lack of long-dated funding, neglect of the core private sector in terms of credit extension, weak capacity of the banks to fund the real sector, low-level activities of banks, and illiquidity still lingers. This study therefore, examines empirically the impact of financial intermediation on the development of the Nigerian economy with the aim of determining the importance of financial intermediaries and its influence. This study found out that the financial intermediaries (banks) in Nigeria exhibit inefficiency and weak capacity in the allocation of funds to finance the some sectors. On the overall therefore, the study found that the economy Nigeria rely heavily on the banking sector to finance its activities even though the desired expectation is not met by the banks. The study therefore, concluded that financial intermediaries (banks) are important in attaining financial development. The study therefore recommend that banks should ensure greater domestic savings mobilization for investment and growth, using market-determined interest rates, and…

    • 9809 Words
    • 40 Pages
    Powerful Essays
  • Best Essays

    Banking Reforms India

    • 4219 Words
    • 16 Pages

    8. Sen, Kunal, & Vaidya, R. R. (1997). The Process of Financial Liberalisation in India.…

    • 4219 Words
    • 16 Pages
    Best Essays

Related Topics