This study is based on x – raying financial distress in the banking sector, the apex transaction boot of our economy.
It is however interesting to note that this study not only would expose also would examine the various mechanism that have been put in place, mostly and especially in the sector, for the handling of thesis may harm in our banking industry and economy.
In this context, this study is expected to help other financial house of the Nigeria economy or the managerial cadre and government enforced discipline and strict measure to culprits and defaulters in the industry and this would enhance proper operation and healthy growth of the industry and economy.
Secondary data instrument are mainly use by the researcher. The findings were made based on the data collected.
It was discovered that poor financial planning weak control and supervising measures, lack of accounting database and government adverse policies or reforms were main cause of financial distress etc.
The findings also revealed that the high rate of unqualified personal and indiscipline contributed greatly to this concept.
In light of above findings, the researcher made some necessary and useful recommendation that if government and financial banking management adhere to would help to arrest and foster rapid growth and increase profit maximization to the banking sector and boost our economic and economy position.
TABLE OF CONTENT
Title page
Approval page
Dedication
Acknowledgment
Abstract
Table of content
CHAPER ONE
Introduction
1.1Statement of the problem
1.2Reasons of the study
1.3Significance of the study
1.4Definition of terms
CHAPTER TWO
Review of related literature
2.1Distress in the Nigeria banking industry
2.2What constitute banks distress
2.3The causes of banks distress
2.4How to avert future occurrences of distress
CHAPTER THREE
Hypothesis methodology sources of data and limitation of study
3.1Hypothesis
3.2Methodology of study
3.3Sources of data
3.4Limitation of study
CHAPTER FOUR
Presentation of data, analysis of data and discussion of results
4.1Data presentation
4.2Analysis of data
4.3Discussion of the result of the analysis
CHAPTER FIVE
Summary, conclusion and recommendation
5.1Summary
5.2Conclusion
5.3Recommendation
5.4Suggestion for further studies
Bibliography
DISTRESS IN BANKING SECTOR HOW TO AVERT FUTURE OCCURRENCE
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The last two decade have been seen as a proliferation of systematic banking problems in Nigeria. Banking crisis have threatened macro-economic stability through their effects on monetary control, the fiscal consequences on banks rescue packages and... Continue Reading
(A CASE STUDY OF FIRST BANK OF NIGERIA PLC, AWKA) PROPOSAL The objective of this research work is to check the distress in the banking sectors, the duty of the accountants and auditors to make sure that it does not occur. The method of... Continue Reading
(A CASE STUDY OF AFEX BANK PLC.) ABSTRACT Based on the presentation and analysis of data on the topic CRITICAL ANALYSIS OF CAUSES AND PROBLEMS OF FINANCIAL DISTRESS IN NIGERIA BANKING SECTOR” the following are the major findings.... Continue Reading
ABSTRACT Based on the presentation and analysis of data on the topic CRITICAL ANALYSIS OF CAUSES AND PROBLEMS OF FINANCIAL DISTRESS IN NIGERIA BANKING SECTOR” the following are the major findings. Inefficient management has contributed significantly to the financial distress in Nigeria banking sector. This was approved statistically with the... Continue Reading
ABSTRACT Based on the presentation and analysis of data on the topic CRITICAL ANALYSIS OF CAUSES AND PROBLEMS OF FINANCIAL DISTRESS IN NIGERIA BANKING SECTOR” the following are the major findings. Inefficient management has contributed significantly to the financial distress in Nigeria banking sector. This was approved statistically with the... Continue Reading
1.1 INTRODUCTION Distress in the Nigerian banking sectors is a problem that bank has in this recent time. This seems as if the regulatory authorities appeared to be fighting a losing battle to sanitise the system. Ebtiodaghe (1996) observed that banking distress occurs when customers were unable the loss of their deposits and consequent breakdown... Continue Reading
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Banks play important roles in the economic development of any country. As an important component of the financial system, they channel scare resources from surplus economic units to deficit units. In Nigeria, the... Continue Reading
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY Banks play important roles in the economic development of any country. As an important component of the financial system, they channel scare resources from surplus economic units to deficit units. In Nigeria, the... Continue Reading
ABSTRACT The main write up of this project is to identify the causes, effects and solutions to the problem of distress in banking sector of Nigeria economy. The chapter one deals with the introduction which talks about how bank failure that is inability of a bank to meet its obligations to its customers, owners and the economy occasioned by fault... Continue Reading
ABSTRACT The main write up of this project is to identify the causes, effects andsolutions to the problem of distress in banking sector of Nigeria economy. The chapter one deals with the introduction which talks about how bankfailure that is inability of a bank to meet its obligations to its customers, ownersand the economy occasioned by fault or... Continue Reading