Ethiopia Vol. 4 (3b) July‚ 2010 ISSN 1994-9057 (Print) ISSN 2070-0083 (Online) Fraud and Fraudulent Practices in Nigeria Banking Industry (Pp. 240-256) Owolabi‚ S. A. - Accounting Department‚ Babcock University‚ Nigeria E-mail: emilagab05@yahoo.com Abstract The paper reviews the various forms of fraudulent practice their impact and inducement for various reforms in banking industry. It also mentions various legislations targeted at reducing fraud and introducing some forms of control and reporting
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SUBMISSION 31/7/2010 DISCUSS HOW MICHAEL PORTERSCOMPETATIVE FORCES BEING IS APPLIED IN THE BANKING SECTOR Introduction: The banking Industry in kenya has tremendously changed its dynamics for the last one decade. Many banks have joined the industry both local and foreign. Notably‚ the no-banks financial institutions have been mushrooming by an alarming speed.. In any industry‚ including the banking industry‚ the nature of competition is always a function of the market structure. The trend today
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KEY SUCCESS FACTORS IN THE BANKING INDUSTRY. A key success factor is the thing that most affects the ability of a company to succeed in the market. A company must develop competence on its industry’s key success factors if it has to remain successful. Sound strategy incorporates efforts to be competent on all key industry success factors and to excel on at least one factor. The key success factors in the banking industry include: 1) Management – Management plays a key role in ensuring
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often is to persuade the public‚ investors‚ partners‚ employees‚ and other stakeholders to maintain a certain point of view about it‚ its leadership‚ products‚ or of political decisions. Common activities include speaking at conferences‚ winning industry awards‚ working with the press‚ and employee communication. * persuade the public to support their political candidacies * is also said to have been used to spread Christianity and to have used public relations to recruit for the crusades
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INTRODUCTION Banking reforms have been an on going phenomenon around the world right from the 1980s‚ but it is more intensified in recent time because of the impact of globalisation which is precipitated by continuous integration of the world market and economies. Banking reforms involve several elements that are unique to each country based on historical‚ economic and institutional imperatives. In Nigeria‚ the reforms in the banking sector preceded against the backdrop of banking crisis due
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Susan Professor Dr. Tyler Veak Philosophy 201- B12 LUO 4 February 2013 Plato‚ Descartes‚ and The Matrix Consider this‚ Is what we believe to be real and true real and true? In the movie The Matrix‚ Neo is a computer programer by day and hacker by night. He senses that something is wrong with the world but insists what he know he feels. When he dreams‚ he isn’t sure if it was real or just a dream just as Descartes believes he cannot trust his senses to tell him whether or not he is still
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literature review By Richard Nordquist‚ About.com Guide Definition: The process of reading‚ analyzing‚ evaluating‚ and summarizing scholarly materials about a specific topic. The results of a literature review may be compiled in a report or they may serve as part of a research article‚ thesis‚ or grant proposal. • "Research literature reviews can be contrasted with more subjective examinations of recorded information. When doing a research review‚ you systematically examine all sources
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Why quality customer service is more important in banking industry? Behaylu W.Deneke Most‚ if not all‚ private commercial banks in Ethiopia use almost the same marketing approaches to attract customers. They develop the traditional banking products and open branches everywhere then promote their branch and Products aggressively on the traditional channel. Before going to the detail let me differentiate between bank product and bank services. The bank products are deposit‚ borrowing or other
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Introduction 1.1 Rationale of the Study Investment Banking is an American synonym of merchant banking. Investment banks provide advice on mergers and acquisitions and are involved in financing industrial corporations through buying shares and selling them in relatively small lots to investors. In the Bangladesh context‚ merchant banking includes all institutions that combine the functions of both development banking and investment banking. Investment banks act as intermediaries between issuers
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Trends in Economics and Management Sciences (JETEMS) 2(5):357-363 (ISSN:2141-7024) Fraud as a Negative Catalyst in the Nigerian Banking Industry Akindele R.I Department of Management and accounting Obafemi Awolowo University‚ Ile Ife‚ Nigeria ___________________________________________________________________________ Abstract Fraud in the Nigerian Banking Industry before the recent merger and acquisition and recapitalisation efforts was at alarming rate. It has caused many banks to collapse‚
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