THE SAVINGS MOBILIZATION FOR ECONOMIC DEVELOPMENT IN NIGERIA BANKING INDUSTRY (1990 – 2004) (A CASE STUDY OF UNION BANK OF NIGERIA PLC)
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ABSTRACT
The research was based on the topic “mobilizing Domestics savings for economic growth and development in the banking industry. (A case study of Union Bank of Nig PLC 1999 – 2000.
Two hypotheses were formulated, two research questions, The research design used is ex-post facto. The population of the study was all Union Bank in Enugu and a sample of one Union Bank was considered. The data was sourced from the annual report of Union bank. Regression analysis and correlation techniques were used to analyse the data. The analysis was carried out using statistical package for social sciences(SPSS).
One of the findings of these work is that Customer deposit has effect on the financial performance of Union Bank in Nigeria and that Interest rate charges has effect on the financial performance of Union Bank in Nigeria.
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