EVALUATION OF PERFORMANCE OF SELECTED COMMERCIAL BANKS IN NIGERIA, 2001 – 2009.

AUTHOR: UHUABA FRANCIS CHIEMELA

DEPARTMENT: BANKING AND FINANCE

AFFILIATION: NNAMDI AZIKIWE UNIVERSITY, AWKA

The primary goal of commercial banks or Deposit Money Banks (DMBs) in Nigeria as elsewhere is to satisfy the financial services needs and aspirations of their various stakeholders. To achieve this task, the banks need to perform creditably in terms of good service delivery and profitability. This thesis sought to evaluate the performance of Nigerian Deposit Money Banks in satisfying the desires and aspirations of their various stakeholders. The audited and published annual financial reports and accounts of three selected banks for the period of 2001 to 2009 were the sources of data used in the study. The simple percentage and ratio analysis are the statistical tools used for data analysis. The CAMEL rating system was adopted to evaluate the overall health and performance status of the banks. It was found out that the banks maintained good balance sheet mix and achieved high average growth rates in terms of annual increases in total assets, customer deposits and shareholder’s funds. The banks also achieved acceptable quality of assets and liquidity. However, the banks achieved earnings and profitability levels that were inadequate to guarantee high returns on investments. It is therefore recommended that the managers of Nigerian deposit money banks should make efforts toward increasing the level of earnings of the banks by investing more on profitable projects. It is also recommended that the central bank should ensure that banks engage in core banking business of financial intermediation and make more credit available to the real sectors of the economy. That way the banks would be contributing more meaningfully to the growth and development of the Nigerian economy. 

TO VIEW THE FULL CONTENT OF THIS DOCUMENT, PLEASE VISIT THE UNIZIK LIBRARY WEBSITE USING THIS LINK, http://naulibrary.org/dglibrary/admin/book_directory/Thesis/11067.pdf

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