1. Introduction The very first credit transaction in history certainly took place hundreds of years ago‚ before the existence of bank‚ credit bureaus‚ or credit departments. As the time passed‚ financial institutions developed to put funds from savers into the hands of borrowers who used this value to create economic value. Credit contributed to economic growth of countries throughout the world as it makes goods and services available to consumers‚ businesspersons‚ and governments. Although
Premium Economics Finance Loan
CAUSES OF BANK DISTRESS AND RESOLUTION OPTIONS IN NIGERIA. INTRODUCTION A meaningful analysis of causes of bank distress and the options for resolution would probably need to be preceded by a brief discussion of the roles of banks in an economy. Bank’s role in any financial system is quintessentially financial intermediation. In this regard‚ bank’s mobilize financial resources from surplus economic units for on lending to the deficit units. In mobilizing deposits‚ banks issue demandable claims
Premium Bank
Retail Banking & Evaluation of Financial Performance of Axis Bank (Summer Internship Report) From 30th June To 10th August Submitted to: Submitted by:Training Supervisor: Ashish Jain Shridhonkar Mr. Nishpap PGDM (07-09) ~2~ Sales Manager (07-II711) Axis Bank Limited‚ Gwalior ACKNOWLEDGEMENT Summer training is one of the most vital and active part of the curriculum of management students. Its basic idea behind this is to strengthen the student’s concept through practical training and
Premium Bank
Impact on Acquisition/Performance One way that growth patterns impact skill acquisition and performance in physical activity is due to the rate if the growth pattern. When the growth pattern is rapid children may have a lesser ability to learn new motor skills (Pangrazi & Beighle 2010). With body physique a more muscular‚ stronger child will have an easier time performing skills that require speed‚ strength‚ and agility‚ while a smaller thinner child will perform these skills as well they be
Premium Education Pearson Education Motor skill
produced in Nigeria is largely due to the fact that apart from other facets of the economy which affect the manufacturing environment‚ electricity has been a largely contributing factor especially the running cost of private generators‚ rather than diminishing is increasing in leaps and bounds. The main thrust has been on the cost of spare parts for maintenance of generators and the rising cost of AGO (Diesel). Industry uses more than 10percent of the energy consumed in the Nigeria (figure 1)
Premium Energy Peak oil Industry
THE EFFECT OF EXTERNAL DEBT ON THE NIGERIA ECONOMY (1989 - 2009) ABSTARCT This study is meant to examine the effect of external debt on gross domestic product using econometric analysis. The research revealed that Nigeria’s external debt has contributed immensely to the gross domestic product. This has affected investment on the domestic productivity and hence invariably affected the economic growth and development. Due to the macroeconomics distortion in
Premium Debt
bonds. Recapitalization in Nigeria banking sector‚ has built a solid foundation for Nigerian banks to compete favourably with their counterpart world over. Recapitalization causes unemployment due to downsizing‚ merger and acquisition‚ it causes deflation as more money is raked from peoples hand (through sales of shares) In order to build the new capital base. It also leads to current crisis of the banking sector (I.e. the unethical lending’s without collateral as the banks has so much money to give
Premium Mergers and acquisitions
IMPACT OF CONSUMER PROTECTION AGENCIES IN NIGERIA: A STUDY OF CPC‚ CAFON AND CEON BY AMZAT SHERIFFDEEN ADEWALE MATRIC NO: 06076963 A PROJECT SUBMITTED IN PARTIAL FUFILLMENT OF THE REQUIREMENT FOR THE AWARD OF BACHELOR OF ARTS IN THE DEPARTMENT OF MASS COMMUNICATION‚ FACULTY OF MANAGEMENT AND SOCIAL SCIENCES‚ OLABISI ONABANJO UNIVERSITY‚ AGO-IWOYE‚ OGUN STATE. MARCH‚ 2012 CHAPTER ONE 1.0 BACKGROUND TO THE STUDY Consumer protection is defined as the efforts of the government and private organizations
Premium Consumer protection
The impact of central bank independence on the performance of inflation targeting regimes* Sami Alpandaa‚ Adam Honiga** a Amherst College‚ Amherst‚ MA 01002 May‚ 2011 ______________________________________________________________________________ Abstract This paper examines the benefits of inflation targeting in both advanced and emerging economies. We do not detect significant effects in advanced economies and only find small benefits in emerging economies‚ in line with previous studies
Premium Inflation
Assignment 1: Citibank Performance Appraisal John Kenny Jack Welch Management Institute Amanda Andrade JWI 520 May 3‚ 2015 Introduction Being in charge of an organization may seem easy. Yet leading and managing are difficult tasks. One of the most difficult tasks as a manager is evaluating your employees. Your company knowledge‚ financial acumen or marketing abilities may be dismissed if you don’t know how to communicate with your employees. Knowing what to say and when to say it are the
Premium Performance appraisal Human resource management