ABSTRACT
This study looked at the effect of procurement management on the financial performance
ofbanks in Uganda with a case study ofFINA Bank Uganda Ltd. Specifically the study
reviewed procurement planning, controls and monitoring and how they affected the
performance of banks. It was hypothesized in the study that procurement planning,
controls and monitoring positively affect the performance of banks. Empirical data was
collected from the staff ofFINA Bank Uganda and the study had 33 respondents from the
targeted population of 35; this sample was selected using purposive sampling. The
empirical data was analyzed both quantitatively and qualitatively to examine the
relationships between procurement management and bank performance. The key findings
of the study indicated that the three procurement management attributes i.e. procurement
planning, controls and monitoring positively affected the performance of the bank. This
was because there were significant relationships that were established from the study
between these variables and the financial performance of the bank. From the study, it was
recommended that the existing procurement planning processes be revised and
strengthened to further improve bank performance; the controls be thoroughly reviewed
and adherence enforced; while monitoring be carried out regularly and by independent
personnel. Further research was recommended to cover other procurement management attributes and a wider population of banks in Uganda.
ALEX, O (2021). Procurement Management And Financial Performance Of Commercial Banks In Uganda: Case Study Of Fina Bank Uganda Limited. Afribary. Retrieved from https://track.afribary.com/works/procurement-management-and-financial-performance-of-commercial-banks-in-uganda-case-study-of-fina-bank-uganda-limited
ALEX, OMACH "Procurement Management And Financial Performance Of Commercial Banks In Uganda: Case Study Of Fina Bank Uganda Limited" Afribary. Afribary, 12 Jun. 2021, https://track.afribary.com/works/procurement-management-and-financial-performance-of-commercial-banks-in-uganda-case-study-of-fina-bank-uganda-limited. Accessed 27 Nov. 2024.
ALEX, OMACH . "Procurement Management And Financial Performance Of Commercial Banks In Uganda: Case Study Of Fina Bank Uganda Limited". Afribary, Afribary, 12 Jun. 2021. Web. 27 Nov. 2024. < https://track.afribary.com/works/procurement-management-and-financial-performance-of-commercial-banks-in-uganda-case-study-of-fina-bank-uganda-limited >.
ALEX, OMACH . "Procurement Management And Financial Performance Of Commercial Banks In Uganda: Case Study Of Fina Bank Uganda Limited" Afribary (2021). Accessed November 27, 2024. https://track.afribary.com/works/procurement-management-and-financial-performance-of-commercial-banks-in-uganda-case-study-of-fina-bank-uganda-limited