THE SOURCE AND APPLICATION OF FUNDS TO A COMMERCIAL BANKING SECTION (A CASE STUDY OF ACCESS BANK PLC ENUGU BRANCH)

ABSTRACT

This research work sought to evaluate the sourcing and application of funds on Commercial Banks in Nigeria using Access Bank Plc Ogui Road, Branch Enugu as a case study.  The importance of prudent sourcing and application of funds in every business enterprise particularly the banking industry cannot be overemphasized. It is in this regard that the researcher went about his quest.  The researcher employed the personal interview. Observation and documentary instrumentations in data collections.  From the information and data sources, via the bank financial statements and records, the researcher was able to find out that though, the bank maintaining a sound sourced and application of fund policy, they still need to do more in view of the fact that sourcing and application of funds is a going process which needs to be reviewed and restructured from time to time to meet the yearning for prudent financial management and growth.  The researcher therefore is of the view that the bank management should evolved better deposit, lending and other like financial services policies such that the bank is able to provide the desired services to the public and other economic units and also ensure prudency, particularly in its lending sourcing and application of fund generally.

TABLE OF CONTENTS Cover Pagei Title Pageii Approval Pageiii Dedicationiv Acknowledgementv Table of Contentsvi Abstractvii
CHAPTER 1: INTRODUCTION Background of the Study 1 Historical Background of the Study 9 Purpose of the Study 18 Aims and objective of the Study29 Significant of the Study30
CHAPTER 2: REVIEW OF RELATED LITERATURE Introduction31 Share Capital32 Ordinary shares33 Loan stock and Debentures35
CHAPTER 3: RESEARCH DESIGN AND METHODOLOGY Introduction41 Description of Research41 Description of Population42 Sample of the Study43 Description of Investigation Technique43 Data Analytical Procedure47
CHAPTER 4: PRESENTATION OF DATA Introduction48 Analysis of Data64 Interpretation of Data66 Testing and Prove of Hypothesis and Findings67
CHAPTER 5: SUMMARY, CONCLUSION AND RECOMMENDATION Summary75 Conclusion77 Recommendation78 References 83 Appendix