Mismanagement In Financial Institution (Bank) Effect And Solution

Mismanagement In Financial Institution (Bank) Effect And Solution

Abstract

The exploration was carried out to find the mismanagement in banking sector of frugality. The design was divided into for chapter. Chapter one stated the problem reasons for the study, significance of the study and description ofterms.Chapter two addresses about the review of banking torture in the fiscalsystem.Chapter three brings out the thesis to be tested and also the formular for the finding of the thesis. Chapter four is each about he testing of the thesis and the result of the testing. Eventually chapter five draw the conclusion and summary and also look at the data presented and make recommendation.

Table Of Content

Chapter One

Preface

Statement of problems

Reasons for the study

Significance of study

compass and limitation of the study

description of terms

CHAPTER TWO

Review of affiliated literature

History of bank operation since 1972

demand of good bank operation

Achievement of good bank operation

Meaning and causes of mismanagement in banks meaning

Causes of mismanagement in banks

Problem of bank operation and people in banking

Effect of mismanagement in banks

CHAPTER THREE

thesis

Methodology of study

Sources of data

Limitation of the study

CHAPTER FOUR

Data donation

Analysis of data

Discussion of the result of the analysis

CHAPTER FIVE

Findings

Summary of findings

Conclusion

Recommendation

Bibliography

Chapter One

Preface

Statement Of Problem And Purpose Of Study

The master key to the success of any institution( fiscal and non – fiscal) according to Henri Fayol in principles of operation 1. is the effective operation system.

This could be achieved through the handwork of the director, managing director, operation staff and all other workers in the association. The major part lies on the head of the board of directive( duck) and managing director.

operation according to Luther Gulick simple means the organizing planning, enforcing, controlling and directing of resource in an association.

This study is grounded on fiscal institution like banks, and there are two type of resource that can be set up in a bank they’re mortal and material resource. Material resource includes plutocrat and other insensible objects set up in bank. operation is a particular thing that requires a particular touch

The purposes of the study are as follows

To find out he cause of mismanagement in banks

To study how it’s executed by the appointed officers and staff of banks

To know its influence on the banks affected and the government

To determine whether it affects frugality of the nations

To find out the means that can be espoused by banks to break and put to and the mismanagement of coffers

Explanation Of The Study

The study of mismanagement in fiscal assiduity( bank) is necessary now because.

The study will enable the society or country understand when a bank is poorly manage by the staff or functionary. This can be seen now as a result of banks mergering and accession when a bank can not manage it resource according to central bank, this policy was designed to insure strong and dependable banking sector able of icing the safety of depositor finances and play active part in Nigeria. Frugality.

Bank in order to meet up with the challenges, bank have resorted to connection through combinations and accession.

Advanced operation business can also combined for the purpose of acquiring demanded operation gift in order to gain access to the well established request exploration and development strategies formerly development.

Effective application of resource

This bring about increased affair in factory vindication and coming together of compatible deals operation, attention of specialized skill, specialized force, as well encouraging the artificial or company product and marketing unit.

Significance Of The Study

This work has been carried out with all skill, care and caution so as to be suitable to give the asked and needed purpose and meet the aspiration of as numerous that will find it good to use for farther exploration.

thus, it’ll go along way to helping in the resuscitating of our fiscal institutions, especially the banking assiduity which had endured lots and lots of fiscal leakage leading to bank mismanagement and bank failure in the last decade.

Benefits for his work

Education the public on the issue of bank torture

Inculcate into individualities, enterprises and association who may have had that mistrust for banks eventually and importantly advice bank operation on the stylish measures to take to or reduce the effect of mismanagement in the banking assiduity sectors.

Description Of Terms

Mismanagement simples means bad operation.

Bank

A bank is an institution that’s prepared to accept deposit of plutocrat and repay cash on demand. It can also be defined as an institution where plutocrat and other precious, which include palpable, are kept for say-so guardianship or purpose, Webster’s, fiscal wordbook.

Material resource in banks are the insensible effects set up in the bank like, plutocrat, books, computers, cabinetwork and others material being used in the banks. Also, its structure and terrain.

mortal resource in banks means the labour force or people working in the banking diligence.

Liquidation means to put to end an unprofitable business company.

Liquidity can also the capability of a bank to meet its short term obligation as and when due for payment. For a bank to maintain good liquidity position it must keep acceptable volume of non earning means similar as cash, call plutocrat, storeroom billetc.

Profitability

This is the conception that measure the position of income which ban earns from its operation. The banks are set up to make profit and their profitability position an indicator of measuring the performance of the banks.