Description
ABSTRACT
The prudential guidelines for licensed banks which are based on globa banking standards, imposed far-reaching requirements in the classification of risk assets and provision for bad and doubtful debts. Since its introduction in November 1990 the implementation of the guidelines has had a profound impact on the operations of banks.
In this project, the researcher has succeeded in identifying the features of the prudential guidelines as well as its impact on published financial statements of commercial banks in Nigeria.
Published financial statement of the banks for the period of 1990 that is, the inception of prudential guidelines were examined and with that of the period 1994-1998 the prudential guidelines period.
Both primary and secondary sources of data were used in the course of the research.
Two hypothesis were tested using chi-square test.
The research work revealed that:-
(1) The net profit position of commercial banks in Nigeria have been significantly altered since the implementation of the prudential guidelines.
(2) The provision for bad and doubtful debts of commercial banks in Nigeria have significantly increased since the implementation of the prudential guidelines.
The exercise was concluded with suggestion for further study which include:-
(1) further research be conducted to ascertain the impact of the prudential guidelines on the overall activities of all licensed banks in Nigeria.
(2) Further research be carried out on the central bank of Nigeria monitoring implementation measures concerning banks and non-banks financial institutions in Nigeria.
TABLE OF CONTENTS
ii Title page
iii Dedication
iv Acknowledgement
vi Abstract
viii Table of contents
CHAPTER ONE
1.0 Introduction
1.1 Statement of problem and objective of the study
1.2 Rationale of the study
1.3 Significance of the study
1.4 Definitions of terms
CHAPTER TWO
2.0 Review of Related Literature
2.1 Theoretical review
2.2 Empirical review
CHAPTER THREE
3.0 Research design and methodology
3.1 Hypothesis
3.2 Methodology of study
3.3 Limitation of study
3.4 Sources of data
CHAPTER FOUR
4.1 Presentation of data
4.2 Analysis of data
4.3 Discussion of the result of analysis
CHAPTER FIVE
5.1 Summary of the study
5.2 Conclusion
5.3 Recommendation
Bibliography
Appendix questionnaire