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
- Internal Control In An Examining Body- A Case Study Of The National Examination Council, Enugu Zonal Office
- Evaluation Of Accounting Records Of Small Scale Business In Enugu
- Evaluation Of Problems And Prospects Of Debts Settlement In Internation Trade
- The Role Of Banks In Industrial Development Of Nigeria
- The Role Of Foreign Exchange Market In Achieving A Realistic Exchange Rate For Naira
- Budgeting In All Inflationary Environment (a Case Study Of Binez Hotels Ltd Aba)
- The Benefit Of Cooperative Societies To Staff Of Federal Establishment In Enugu State Using Power Holding Company Of Nigeria Cooperative Thrift And Credit Loan Society
- A Case Study Of General Cotton Mill Ltd. Onitsha, Anambra State
- A Critical Review Of Accounting System In Nigeria Insurance Industry A Case Study Of Industrial And General Insurance Company Ltd
- The Role Of Central Bank Of Nigeria In Agricultural Finance Development: Problems And Prospects