SAVING AND SAVING BEHAVIOR AMONG BANKS CUSTOMERS

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ABSTRACT

The purpose of this research is to examine the saving behaviour of bank customers, their responses to saving.

In carrying out the study, review were made on some related works in different libraries here in Delta State as basis of the study with United bank for Africa as our case study. The study circle all about customers behaviour towards saving in chapter one, a brief review on what saving is about and how it came about was also analysed in this word and it was also state that saving is that part of disposable income not spend on consumption.
It could be said that all useful tools in saving was discussed in chapter two. The main determinant of saving behaviour was looked into in this chapter. In carrying out this study, the questionnaire method was use to elicit information from employees in bank which show the response of their customers. Out of ten questionnaires that were administ3ered, all of them were returned of which were useful. The result of this study shows that customers are willing to save based on some condition such as increase interest rate, more banks should be established at strategic places so as could be easily reached and most of them have to be enlightened because the responses given by the questionnaires showed that the more enlightened people are the more that save. All this should be carried out to increase the saving habit in individual.

TABLE OF CONTENTS
Title page:
Certification:
Approval page:
Dedication:
Acknowledgement:
Abstract:
Table of Contents:

CHAPTER ONE
1.0 Introduction
1.1 Statement of the problem
1.2 Objectives of the study
1.3 Scope of the study
1.4 Relevance of the study
1.5 Limitation of the study
1.6 research question
1.7 the history of United bank of Africa
1.8 operation Definition of term:

CHAPTER TWO
LITERATURE REVIEW
2.0 Introduction
2.1 Inflation and saving behaviour
2.2 Income and saving
2.3 Interest rate and savings
2.4 Expected inflation
2.5 Saving and wealth
2.6 Saving and the household
2.7 Public saving and the government budget
2.8 Saving, Investment and financial markets
2.9 Saving, self control and demonstration effects.

CHAPTER ONE

1.0 INTRODUCTION

Saving can be defined as income not spent on deferred consumption it could also mean that part of disposable income which is not spent on consumption. It could be public or private, the former being related to budget surpluses. In the case of the later, there seems to be a fairly straight forward division of income into consumption expenditure and savings. Thus savings is residually derived from the excess of income over consumption expenditure. Saving is thus not the opposite of spending but merely the alternative to the spending of income on consumption. Therefore, if consumption is added to savings, it will account for the whole of the individuals disposable income.
For the nation at large, the definition of savings is slightly more complex. It would not be correct to simply subtract consumer’s expenditure from national income and call the remainder savings because this would make no allowance for the collective consumption represented in the public authorities current expenditure on goods and services.
To be able to calculate the savings of the whole nation, it is necessary to deduct from national income, both private consumers expenditure and current expenditure by public authorities. When this is done, it will be seen that the nation’s saving is exactly equal to capital formation at home plus exports minus imports. This is because national expenditure includes the total expenditure of consumers and public authorities as well as the value of capital formation and not exports. The place of savings in national income accounting can further be explained by reference to national income accounting equation.

SAVING AND SAVING BEHAVIOR AMONG BANKS CUSTOMERS