THE IMPACT OF NEW MONEY MARKET PRODUCTS ON PROFIT PERFORMANCE OF COMMERCIAL BANK IN NIGERIA.
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CHAPTER ONE
INTRODUCATION
1.1 Statement of the problem/Objective of Study
1.2 Rational of Study
1.3 Significant of Study
1.4 Definition Terms
CHAPTER TWO
REVIEW OF RELATEDLITERATURE
2.0 Introduction
2.1 The Concept of Quality in products as a major
factor determining the a particular product in making
an impact on the profit performance of a bank.
2.2 Product planning, development and control in Bank
as a means of achieving an impact on their profit performance
2.3 The concept of price and its effects on demand for product:
The influence on profit performance of banks.
2.4 The relationship between price and quality in product market
in bank and it’s effect on profit performance of banks under
a competitive condition.
2.5 Gaps in product quality
CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY
3.1 Source of Data
3.2 Location of Data
3.3 Method of Data Analysis
CHAPTER FOUR
4.1 Summary of findings
CHAPTER FIVE
5.1 Conclusions
5.2 Recommendations
Bibliography
CHAPTER ONE
INTRODUCTION
1.1 STATEMENT OF PROBLEM / OBJECTIVE OF STUDY
The commercial banks provides their numerous customer
across the county with the full range of commercial money market banking products (service) but not related to currents savings and deposit accounts. Loans and overdrafts provision of international money market banking services, export credits and financial advisory services, farmer loan scheme, time deposit current account, statement savings scheme, house saving an loan scheme, first cash, UBA card, current account management services, money gram or international money transfer system, scholarship schemes.
All this products were aimed at generating profit to the banks concerned but due to change in market demand for these products and infavourable economic environment, there is a decline in sales of these product and subsequent decline in their profit performance (ANIBUEZE 1998) (BANKING PRATICE)
As a result the banks introduced new money market products such as Network, money gram, Western union money Transfer, save for school scheme, JAMB form sales, cash evacuation scheme, online real time scheme banking services, which were all aimed at improving the profit performance of these banks (NWANKWO 1990: Marketing Bank Products and Services). Therefore, the problem here is how profitable would these products be so as to make any impact on the profit performance to these banks.
The objective of embarking on this research finding is to determine whether the impact on the profit performance of these banks is as result of the new products introduced.
1.2 RATIONAL FOR STUDY
The banking sector of Nigeria economy is facing many changes brought about by the contain policy changes brought about by the constant policy changes by government, operation income depletion and most recently the SAP of 1986 which aims at deregulating the financial system (OKAFOR 1988) (BANKING SYSTEM IN NIG.)
These changes have given rise to a number of difficulties that the banks are graphing with, most especially the commercial bank. These difficulties include low profit performance, which have affected their operation activities adversely, leaving to the distress problem facing most of these banks today for which about 26 of them have unfortunately been liquidated as