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Solution to global economic recession in banking industry in nigeria?
Wiki User
∙ 13y ago
I am not a Nigerian nor a student of Nigerian banking system. However I am an ex banker of Indian banking system with fair amount of experience and education. All banking system collapse has to come out of non recovery of amount lent in time. Some of the crisis can be temporary arising out of time mismatch and while a major crisis can come of quality of assets. Nigerian problem could not be different.
Wiki User
∙ 14y ago
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What events had influence the economic activity?
the events that influence the economic activity is the banking crises recession because our country is in debt
How does politics affect the banking industry?
Yes, politics greatly affect the banking industry. Government policies affects the economy of a nation which involves its banking industry. An example is the case of the Great recession which affected many banks around the world.
What are the Effects of recession on banking industry?
The Recession in the banking industry has adversely affected the cash flow for the industries. When industries cannot raise funds for their expansion or operation then the industrial output would come down. This in turn would affect the GDP of the nation. It may affect the employment situation in the country also.
Which of the following titans of industry played a major role in holding the economic system together with his banking and business practices?
J.P. Morgan
What caused the 1873 great recession?
Failure of a Philadelphia banking firm
What events had influence the economic activity?
the events that influence the economic activity is the banking crises recession because our country is in debt
How does politics affect the banking industry?
Yes, politics greatly affect the banking industry. Government policies affects the economy of a nation which involves its banking industry. An example is the case of the Great recession which affected many banks around the world.
What are the Effects of recession on banking industry?
The Recession in the banking industry has adversely affected the cash flow for the industries. When industries cannot raise funds for their expansion or operation then the industrial output would come down. This in turn would affect the GDP of the nation. It may affect the employment situation in the country also.
Who controls the banking industry?
Some degree of control is exerted by government regulatory agencies, but remember that we have a free enterprise economic system; the banking industry essentially controls itself.
Which of the following titans of industry played a major role in holding the economic system together with his banking and business practices?
J.P. Morgan
What caused the 1873 great recession?
Failure of a Philadelphia banking firm
What industry does banking come under?
Banking falls under the financial industry. The Federal Reserve is the central banking system of the US. Each state has its own Department of Financial Institutions, which oversees the banking industry.
Where did the banking industry start?
The banking industry started in h late middle ages, at fairs where money was exchanged
What is Economic meltdown and it relevance in banking industry?
If you are referring to the recent meltdown in started only with financial services firms including banks. Economic meltdown is an unexpected but accelerated financial system failures resulting in drastic reduction in economic activity.
What is the meaning of corefor banking software?
core banking solution
What caused the curren recession?
Flat wages, Bad banking practices, and federal bailouts
How does the French government deal with the banking industry?
tendency to interfere with the banking industry if prospective acquisitions appeared to threaten jobs.
