This research project work concerns itself with the prudential guidelines and the effect on the profitability of Deposit Money Bank. The major objective is to examine the effect of prudential guideline on the profitability of Deposit Money Bank. The researcher reviewed literature adequately and accordingly.
The Analysis of Variance (ANOVA) was used to analyze the primary data collected. It was found that prudential guideline has been of benefit to Bank in the area of reducing non-performing loans increased customer satisfaction and management effectiveness. It was therefore concluded that prudential guidelines has impacted significantly on the profitability of Banks in Nigeria. The researcher recommended that Deposit Money Banks need to minimize their operation cost through control of expenses to achieve increased profitability.
1.1 Introduction
In this section, Prudential Guideline and the Profitability of Deposit Money Bank in Nigeria is discussed, with relevant and recent citations. As a prelude to other parts of this study, this chapter will discuss the background upon which this study was initiated, the statement of problems that led to this study, the aim and objectives of the study. Others are significance of the study, scope of work, research hypothesis and questions, limitation of the study and definition of terms.