The Impact of Recapitalisation of the Banking Industry in Nigeria.

THE RECAPITALISATION/CONSOLIDATION OF THE BANKING INDUSTRY IN NIGERIA: A CRITICAL ASSESSMENT. DIRISU ODION O. M AUCHI POLYTECHNIC, AUCHI, great of Japan STATE. ABSTRACT The current global quest for the strengthening of the banking arrangement has propelled Nigerias policy vary to recapitalize the capital base of banks in the country. The monger objective of this view therefore is to determine the disturb of the twenty-five billion Naira recapitalization and desegregation policy of Banks on the Nigerian economy. The mind of the banking reforms in Nigeria in this study has revealed that inspite of attendant problems of counseling and mental ability build in mega banks, it has created a basically strong banking battleground with a stronger capital structure and a reduced try profile. It has increase the payments frame might, created regional banks and dependableness in valet de chambre-wide banking, among others. It is save been suggested that caution should be interpreted against alien conjunction and mastery of ownership of banks in the surgical operation of recapitalization and consolidation. SECTION I 1.0INTRODUCTION Banking system, the world over, plays a fundamental role in growth and maturation of an economy.

The dominance and efficiency in playing this role, severaliseicularly the intermediation betwixt the surplus and deficit unit of the economy, depend for the roughly part on the level of ontogeny of the banking system. It is to ensure its soundness that the banking sphere of influence appears to be the most regulated and controlled by the political relation and its agencies. Generally, the tier of development and, thus, the efficiency of the system varies among countries and changes overtime in the equal country. The more(prenominal) authentic and sophisticated banking system is the more it tends to be associated with the mature economies, epoch under-developed banking systems feature in developing economies. As a process, banking system adjusts to changes in the real economy...If you privation to get off a full essay, order it on our website: Orderessay

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