ABSTRACT
Bank distress is a phenomenon, which involves poor liquidity, poor earning and gross inability to meet payment and maturity, obligation of deposits. The phenomenon surfaced in the Nigerian Banking System in 1930, resumed in the fifties and nineties and in recent times has resurfaced. (CBN. 1968. Anyahuru 2001).
This study was carried out in order to identify the causes of repeated bank distress and its effects on the Nigerian economy and to identify ways of preventing future occurrence.
The results of the study show that the major causes of bank distress in Nigeria include poor quality management bad loan and advances and fraudulent practices. The effects of such distress are bank ruins, demonetisations and erosion of public confidence among others.
TABLE OF CONTENT
Title Page i
Approval Page ii
Dedication iii
Acknowledgement iv
Abstract v
Table of Content vi
CHAPTER ONE
1.0 INTRODUCTION 1
1.1 Purpose of the study 2
1.2 Significance of the study 2
1.3 Scope and Limitation of the study 3
CHAPTER TWO
2.0 BACKGROUND 4
2.1 Factors that causes distress or failure 4
2.2 The main culprit causing bank distress in the Nigerian Banks. 5
2.3 Effects of banking distress 6
CHAPTER THREE
3.0 Summary of Findings, Conclusion and Recommendation. 7
3.1 Summary of findings. 7
3.2 Conclusion. 7
3.3 Recommendation. 8
BIBLIOGRAPHY
Disclaimer: Note this academic material is intended as a guide for your academic research work. Do not copy word for word. Note: For Computer or Programming related works, some works might not contain source codes
CITE THIS WORK
(2014, 11). Effects Of Bank Distress On The Economy (the Nigerian Case).. ProjectStoc.com. Retrieved 11, 2014, from https://projectstoc.com/read/4275/effects-of-bank-distress-on-the-economy-the-nigerian-case-3697
"Effects Of Bank Distress On The Economy (the Nigerian Case)." ProjectStoc.com. 11 2014. 2014. 11 2014 <https://projectstoc.com/read/4275/effects-of-bank-distress-on-the-economy-the-nigerian-case-3697>.
"Effects Of Bank Distress On The Economy (the Nigerian Case).." ProjectStoc.com. ProjectStoc.com, 11 2014. Web. 11 2014. <https://projectstoc.com/read/4275/effects-of-bank-distress-on-the-economy-the-nigerian-case-3697>.
"Effects Of Bank Distress On The Economy (the Nigerian Case).." ProjectStoc.com. 11, 2014. Accessed 11, 2014. https://projectstoc.com/read/4275/effects-of-bank-distress-on-the-economy-the-nigerian-case-3697.
- Related Works
- Evaluation Of Fraud Control Measures In The Nigerian Banking Sector (a Case Study Of Central Bank Of Nigeria, Kaduna Branch)
- The Role Of Accounting In National Development
- The Role Of Financial Management A Corporate Orgnaisation A Case Study Of Nicon Insurance Company Limited Enugu, Enugu State
- Impact Of Computerization On Financial Institution. (a Case Study Of First Bank Of Nigeria Plc, Enugu.)
- Auditing As A Tool For Achieving Organizational Objectives
- Appraisal Of Issue Of Shares As A Source Of Finance In Public Ltd. Liability Companies (an Analytical Review Of Fisrt Bank Of Nig. Plc.)
- A Study Of Impact And Implication Of Restructuring The Nigeria Pension Scheme (a Case Study Of Enugu State)
- The Impact Of Bank Failure In Nigeria Economy A Case Study Of Savannah Bank Of Nigeria Plc
- Break-even Theory And Accounting As A Management Decision A Tool (a Case Study Of Nigerian Hoechst Plc)
- The Impact Of Auditing Has In He Control Of Fraud And Irregularities In The Selected Business Organization Like The Nigeria Coal Corporation Enugu As Our Focuses