Effect Of Marketing Financial Services On Banks Profitability (A Study Of Guaranteee Trust Bank Plc.)

DIKE MILDRED ULOMA | 47 pages (10119 words) | Projects

ABSTRACT

The study examine effects of banks marketing services and profitability of banks with reference to study of Guanratee Trust Bank Plc. Abia state, using time series analysis spanning from 2006-2017. The data set were analyzed using Ordinary Least Squares (OLS) multiple regression technique. From the results, it was found that Gfts and Donations have positive and significant effect on the profitability of Guarantee Trust Bank plc. Secondly, Customers Deposit also have positive and significant effect on the profitability of Guarantee Trust Bank plc. Also Electronic banking services of Guarantee Trust Bank plc has negative and significant effect on their profitability. In conclusion, Banks in improving their marketing operations and liquidity strength, customer relations, credibility, and effective participation in the resuscitation of the economy which in turn affect their profitability. However, g/2 and donation and customers deposit affects the profitability of Guarantee Trust Bank plc. But the relationship between Electronic Banking and profitability of Guarantee Trust Bank plc was found to be negative. Thus indicating that inefficiency in electronic banking is related to decrease in profitability of Guarantee Trust Bank Plc. Therefore, the study recommends that (i) Guarantee Trust Bank Plc. should continue investing on 'corporate social responsibilities, for the continued existence of the .industry, increase in profitability and the development of the Nigerian economy. (ii) With respect to customers deposit in relation to bank profitability, all the units of the bank should be involved in marketing while banks should continue to make their customers feel important and have well equipped and experienced staff personnel in customer services unit to be able to provide solutions to customer's complaints and challenges. (iii) Banks customers, management and shareholders should adopt and maintain good practices of electronic banking operation so that it will lead to increase the level of bank profitability.

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APA

DIKE, U (2021). Effect Of Marketing Financial Services On Banks Profitability (A Study Of Guaranteee Trust Bank Plc.). Repository.mouau.edu.ng: Retrieved Dec 23, 2024, from https://repository.mouau.edu.ng/work/view/effect-of-marketing-financial-services-on-banks-profitability-a-study-of-guaranteee-trust-bank-plc-7-2

MLA 8th

ULOMA, DIKE. "Effect Of Marketing Financial Services On Banks Profitability (A Study Of Guaranteee Trust Bank Plc.)" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 02 Jul. 2021, https://repository.mouau.edu.ng/work/view/effect-of-marketing-financial-services-on-banks-profitability-a-study-of-guaranteee-trust-bank-plc-7-2. Accessed 23 Dec. 2024.

MLA7

ULOMA, DIKE. "Effect Of Marketing Financial Services On Banks Profitability (A Study Of Guaranteee Trust Bank Plc.)". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 02 Jul. 2021. Web. 23 Dec. 2024. < https://repository.mouau.edu.ng/work/view/effect-of-marketing-financial-services-on-banks-profitability-a-study-of-guaranteee-trust-bank-plc-7-2 >.

Chicago

ULOMA, DIKE. "Effect Of Marketing Financial Services On Banks Profitability (A Study Of Guaranteee Trust Bank Plc.)" Repository.mouau.edu.ng (2021). Accessed 23 Dec. 2024. https://repository.mouau.edu.ng/work/view/effect-of-marketing-financial-services-on-banks-profitability-a-study-of-guaranteee-trust-bank-plc-7-2

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