CHAPTER ONE

1.1  INTRODUCTION

          There are some complex problems which are common in almost all financial institutions. One of these problems is assets and liability management. Proper analysis and diagnosis of this crucial task of any financial oriented organization has been neglected or over looked in the past and has led to the folding up of some financial institutions like forum investment and national bank of Nigeria Plc to mention a few.

         It should be noted that National Bank Plc is now coming up through divine touch and effective management of assets and liability concepts.

         It will be of utmost importance to analyze to some extent what constitutes assets and liability management at early stage. Asset can be termed to be in banking as money generated from the services bank rendered to their customers. Management shows how assets and liability should be properly implemented and managed.

         This aspect entails the proper monitoring of the plan that has been formulated managerially. It has to be monitored so that if there is any deviation from such plans, control could be effective to save the situation from getting worse with all the above explanations of managing asset and liability is embodied in the project work.

         Moreover, management of asset and liabilities is being examined in the Nigeria deposit money bank. This project work intends to focus its attention on United Bank for Africa Plc (UBA), on how asset and liabilities can be managed efficiently and effectively in order for all the deposit money banks operating in an economy like Nigeria, for example would be able to achieve its aforementioned objectives in banking industry. Generally all deposit money banks are noted are noted to be retail bank, this is because they accept deposit from the entire public in small amount of money. Also, they operate a vast network branches all over the country unlike the merchant banks that have few branches and for this reason they are called whole sales banks.