Effect Of Human Capital Development On The Financial 1erformance Of Commercial Banks In Nigeria (A Case Study Of First Bank Nigeria Plc 2005-2017)

OKECHUKWU PEACE ONYINYECHI | 55 pages (8768 words) | Projects

ABSTRACT


The study examined the effect of human capital development on financial

performance of banks in Nigeria. Human Capital Development is essential for

the growth and development of any nation. Human capital are perhaps the most

dynamic of all the resources of any organization. Over the years, the Financial

Sector had been plagued with scarcity of trained bankers and financial experts,

which has led to employment of half fit experts who needs further training to

make them suitable for the banking jobs. This paper examines the effectiveness

of Human Capital Development on financial performance of banks. The study

utilized secondary data for gathering information, the organization human

capital development chart, handbook and training records were reviewed. The

findings revealed that the Human Capital Development on financial

performance of banks have improved the skills, attitude and performance of staff

of the bank which invariably has led to the achievement of organizational goals

and objectives. The findings also discovered the need for the bank to put in place

motivational policies that will be attractive to the staff in order to retain them

after the training and development exercise. This is will reduce employee

turnover or attrition, which is visible in the bank. The study concludes that banks

have not invested adequately on human capital development that is why the

effect on financial performance is not significant. Commercial banks in Nigeria

are advised to give more attention to human capital development by way of

training and adequate welfare to enhance their productivity.

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APA

OKECHUKWU, O (2021). Effect Of Human Capital Development On The Financial 1erformance Of Commercial Banks In Nigeria (A Case Study Of First Bank Nigeria Plc 2005-2017). Mouau.afribary.org: Retrieved Oct 31, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-human-capital-development-on-the-financial-1erformance-of-commercial-banks-in-nigeria-a-case-study-of-first-bank-nigeria-plc-2005-2017-7-2

MLA 8th

ONYINYECHI, OKECHUKWU. "Effect Of Human Capital Development On The Financial 1erformance Of Commercial Banks In Nigeria (A Case Study Of First Bank Nigeria Plc 2005-2017)" Mouau.afribary.org. Mouau.afribary.org, 09 Jun. 2021, https://repository.mouau.edu.ng/work/view/effect-of-human-capital-development-on-the-financial-1erformance-of-commercial-banks-in-nigeria-a-case-study-of-first-bank-nigeria-plc-2005-2017-7-2. Accessed 31 Oct. 2024.

MLA7

ONYINYECHI, OKECHUKWU. "Effect Of Human Capital Development On The Financial 1erformance Of Commercial Banks In Nigeria (A Case Study Of First Bank Nigeria Plc 2005-2017)". Mouau.afribary.org, Mouau.afribary.org, 09 Jun. 2021. Web. 31 Oct. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-human-capital-development-on-the-financial-1erformance-of-commercial-banks-in-nigeria-a-case-study-of-first-bank-nigeria-plc-2005-2017-7-2 >.

Chicago

ONYINYECHI, OKECHUKWU. "Effect Of Human Capital Development On The Financial 1erformance Of Commercial Banks In Nigeria (A Case Study Of First Bank Nigeria Plc 2005-2017)" Mouau.afribary.org (2021). Accessed 31 Oct. 2024. https://repository.mouau.edu.ng/work/view/effect-of-human-capital-development-on-the-financial-1erformance-of-commercial-banks-in-nigeria-a-case-study-of-first-bank-nigeria-plc-2005-2017-7-2

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