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
- The Problems And Prospects Of Distribution Of Farm Input To Small Scale Farmers In Enugu State
- Auditing As An Aid To Accountability A Case Study Of Enugu State Post Primary School Management Board (ppmb)
- Hazards Of Auditing, An Analysis Of The Job Of An Auditor And Its Inherent Problems, Dangers And Difficulties
- The Impact Of Audition In The Enhancemant Of Accountancy.
- The Role Of Mergers And Acquisition In Financial Management In Nigeria
- The Bank Failure: Causes And Consequences
- Privatization As A Means Of Solving Nigerian Economic Problems (a Case Study Of Nepa Plc)
- Risk Management And Financial Performance Of Banks In Nigeria - An Empirical Analysis
- Causes Of Failure Of Smal-scale Industries In Nigeria ( A Case Study Of Enugu State )
- Assessing The Effect Of Material Handling On The Profitability Of A Manufacturing Company (a Case Study Of Kaduna Refining And Petrochemical Company)