regards to Nigeria. However‚ in this study‚ the attention of this is mainly on the influence of deregulation on banks profitability in Nigeria. The discussion on the deregulation can be effectively carried out without understanding what monetary policy is all about. In this content‚ monetary policy could be defined as a policy which deals with discretionary control of money supply by the monetary authorities in order to achieve stated economic goal of society. The performance of the Nigeria economy
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DEFINITION_ OF COMMERCIAL BANK_ *“Banks and other deposit taking institutions are financial intermediaries whose assets consist overwhelmingly of loans to a wide variety of borrowers and whose liabilities consist overwhelmingly of deposits.” THE ECONOMICS OF MONEY BANKING AND FINANCE 3rd* Edition PETER HOWELLS & KEITH BAIN Pg 32 A sound system of banking is very important for any economy. Commercial banks are directly related to the payment system of the economy. Generally most commercial banks are controlled
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Investment‚ in its broadest sense means‚ the sacrifice of current currencies and resources for the sake of future currencies and resources. An investment is one of the decisions of finance function that involves the decision of capital to establish commercial or industrial venture. In other words‚ it involves commitment of funds into long-term assets that would yield benefits in coming future period. Two aspects of the investment decisions are: i. The evaluation of the prospective profitability
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CHAPTER I INTRODUCTION Commercial Banks offers the same types of products and services. It raises funds by collecting deposits from businesses and consumers via checkable deposits‚ savings deposits‚ and time (or term) deposits. It makes loans to businesses and consumers. It also buys corporate bonds and government bonds. Its primary liabilities are deposits and primary assets are loans and bonds. They should have a competitive advantage and be distinguish to one bank from another. That is through
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Role of Commercial Banks in Economic Development According to Kent: “An organization whose principal operations are concerned with the accumulation of the temporarily idle money of the general public for the purpose of advancing to others for expenditure.” Various economists have different views about the role of commercial banks in economic development. Schumpeter says‚ “It is the banking system which serves as a key agent along with the entrepreneur in the process of economic development”
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CREDIT RISK MANAGEMENT PRACTICES AMONG COMMERCIAL BANKS IN KENYA BY: PAUL MWANIKI THUO BUSINESS SEMINAR PAPER AUGUST 2013 Abstract Financial and non-financial organizations have financial disasters which point to the need for various forms of risk management practices. Banks and other financial institutions have faced difficulties over the years for a number of reasons. However‚ the major cause of serious banking problems continues to be directly related to lax credit standards for
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AND STRUCTURE OF COMMERCIAL BANKS IN INDIA Vinod Raina‚ ACS‚ Company Secretary Anjani Technolast Limited‚ Noida Introduction In the earlier societies functions of a bank were done by the corresponding institutions dealing with loans and advances. Britishers brought into India the modern concept of banking by the start of Bank of England in 1694. In 1708‚ the bank of England was given the monopoly for the issue of currency notes by an Act. In nineteenth century various banks started operations
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ABSTRACT Commercial banks are one of the three primary agents which help circulating funds in the market. Commercial banks provide loans and corporate bonds to the households‚ new start ups and small medium enterprises to run their businesses. It also obtains money from the households and invests that money to other profitable investments. The money held as customer account then accrues interest which is given to the customer in the form of periodic payments. The commercial banks play an important
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COMMERCIAL BANKS AND NEW CAPITAL REGULATION MAF 202 - GROUP ASSIGNMENT Prepared By Group 26: Simardeep Sran - 211689444 Due: September 12‚ 2013 School of Accounting‚ Economics and Finance Deakin University‚ Burwood Campus August 30‚ 2013 Dear John Ovens‚ Letter of Transmittal We wish to present to you a research report regarding commercial banks and new capital regulation prepared through collective collaboration between
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shares are held by commercial banks. With more number of commercial banks catering to the same market‚ it has given rise to the intense competition. So far‚ there are 31 commercial banks‚ 87 development banks‚ 79 finance companies‚ 21 micro-finance development banks‚ 16 saving and credit cooperatives and 38 NGO (financial intermediaries) all these financial institutions are doing very well even in the slowdown of the economy. With increasing number of finance companies‚ development banks and cooperatives;
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