IMPACT OF SOCIAL BANKING ON BANK PERFORMANCE IN NIGERIA

NWAFOR, Michael C (2018) IMPACT OF SOCIAL BANKING ON BANK PERFORMANCE IN NIGERIA. International Journal of Research and Development, 3 (11). ISSN 2455-7838

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Abstract

Social banking is a phrase used to describe sustainable banking which is characterized by the provision of financial services to individuals and organizations to create social, environmental or sustainable benefits. It serves as a financial tool to promoting sustainable development in the individual lives of the citizenry and the nation as a whole. As such, key regulators have established and continued to improve frameworks, guidelines and regulations mandating banking institutions to implement sustainability in their business operations and activities. This study examines the overall concept of social banking and its impact on the banking performance in Nigeria. Recent Survey data from Deloitte was used in evaluating the current impact of sustainable banking initiatives on bank performance in Nigeria. Significant positive impact was observed as a result of the integration of sustainable banking principles into conventional banking services.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
L Education > L Education (General)
Divisions: Faculty of Management and Social Sciences
Depositing User: miss ifeoma agbo
Date Deposited: 13 Nov 2018 09:18
Last Modified: 13 Nov 2018 09:18
URI: http://eprints.gouni.edu.ng/id/eprint/982

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