BANKING DISTRESS IN NIGERIA CAUSES AND IMPLICATIONS

  • Type: Project
  • Department: Public Administration
  • Project ID: PUB1159
  • Access Fee: ₦5,000 ($14)
  • Pages: 39 Pages
  • Format: Microsoft Word
  • Views: 186
  • Report This work

For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853
INTRODUCTION
1.1BACKGROUND OF THE STUDY
The issue of bank distress has been a problem which financial institutions suffer must.  The era of all for free banking in Nigeria brought which can be traced as of (1892) when banking started in Nigeria gave room for the establishment of many banks because there was little or no laws guiding banking business.  Because the was no law or supervisions on establishment of banks, many banks were established without adequate capital requirement.
Morestill, the era of Structural Adjustment Programme (SAP) and deregulation brought another face in the banking industry which made many banks to sprang up in Nigeria.  This made many more banks to be established in our country.  But, as more laws guiding banking industries were established some of these mushroom banks were affected.  Such laws were regulated by some bodies and each bodies include, BOFIA, CAMA 1990, NDIC etc.  banking and other financial institution Act, Company and Allied matter Act, Nigerian Deposit Insurance Corporation and all these bodies regulating the activity of banking in Nigeria.
However, bank distress became a problem in the country when these regulating bodies started monitoring the activities of these banks.  Infact, so many of them as a result of not meeting the banking CAMEL, they became distress.  CAMEL here refers to, capital Adequacy, Assets Quality management competency, Earning Strength and Liquidity sufficiency.
 Infact, by 1954, vitually all the indigenous banks that sprary up during the free-for-all banking period got distressed and finally failed.  In this period only three of them, the National Bank of Nigeria, the Agbonmagbe bank (Presently WEMA Bank) and the African continental Bank survived.  Infact they were able to survive because they got assistance from state government.

TABLE OF CONTENTS
TITLE PAGEII
APPROVAL PAGEIII
DEDICATIONIV
ACKNOWLEDGEMENTV
PROPOSAL
TABLE OF CONTENTSVI

CHAPTER ONE
INTRODUCTION
1.1BACKGROUND OF THE STUDY1
1.2STATEMENT OF THE PROBLEM3
1.3PURPOSE/OBJECTIVE OF THE STUDY4
1.4SIGNIFICANCE OF THE STUDY4
1.5LIMITATION OF THE STUDY5

CHAPTER TWO
REVIEW OF RELATED LITERATURE8

CHAPTER THREE
RESEARCH DESIGN AND METHODOLOGY
3.1SOURCES OF DATA  (SECONDARY SOURCES)24
3.2LOCATION OF DATA26
3.3METHOD OF DATA COLLECTION26

CHAPTER FOUR
FINDINGS29

CHAPTER FIVE
RECOMMENDATION AND CONCLUSION32
BIBLIOGRAPHY35
 
 

BANKING DISTRESS IN NIGERIA CAUSES AND IMPLICATIONS
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
  • Type: Project
  • Department: Public Administration
  • Project ID: PUB1159
  • Access Fee: ₦5,000 ($14)
  • Pages: 39 Pages
  • Format: Microsoft Word
  • Views: 186
Payment Instruction
Bank payment for Nigerians, Make a payment of ₦ 5,000 to

Bank GTBANK
gtbank
Account Name Obiaks Business Venture
Account Number 0211074565

Bitcoin: Make a payment of 0.0005 to

Bitcoin(Btc)

btc wallet
Copy to clipboard Copy text

500
Leave a comment...

    Details

    Type Project
    Department Public Administration
    Project ID PUB1159
    Fee ₦5,000 ($14)
    No of Pages 39 Pages
    Format Microsoft Word

    Related Works

    ABSTRACT Distress in the Nigeria banking industry has today become a great source of concern to the entire financial system in particular and the economy in general. For rapid economic growth, the nation banking sector must be stable, safe and sound so as to be able to generate saving needed for investment. The rampant distress witnessed in the... Continue Reading
    ABSTRACT  Distress in the Nigeria banking industry has today become a great source of concern to the entire financial system in particular and the economy in general. For rapid economic growth, the nation banking sector must be stable, safe and sound so as to be able to generate saving needed for investment.  The rampant distress witnessed in... Continue Reading
    ABSTRACT This study is designed to examine the concept of distress in bank, identify the causes of such phenomenon in banking and evaluate its implication for the growth of the banking industry in Nigerian economy. In order to achieve the objective of this research, the... Continue Reading
    ABSTRACT Fraud is an epidemic dimension that has eaten deep into the banking sector as well as the entire economy. Its devastating effect manifests itself in the deteriorating balance sheet of banks as well as in economic backwardness. As a result, measures to eradicate fraud in banking sector become a central focus of the government and the... Continue Reading
    ABSTRACT Fraud is an epidemic dimension that has eaten deep into the banking sector as well as the entire economy. Its devastating effect manifests itself in the deteriorating balance sheet of banks as well as in economic backwardness. As a result, measures to eradicate fraud in banking sector become a central focus of the government and the... Continue Reading
    ABSTRACT The researcher examines the technique of managing financial distress in the Nigerian banking industry. The researchers purpose of study among other. To examine bank recapitalisation as a technique of managing distress in the banking industry. To examine debt recovery and cost reductive as a technique of managing distress in the banking... Continue Reading
    ABSTRACT The researcher examines the technique of managing financial  distress in the Nigerian banking industry. The researchers purpose of study among other. To examine bank recapitalisation as a technique of managing distress in the banking industry. To examine debt recovery and cost reductive as a technique of managing distress in the banking... Continue Reading
    AN EXAMINATION OF THE TECHNIQUES OF MANAGING FINANCIAL DISTRESS IN THE NIGERIA BANKING INDUSTRY ABSTRACT    The researcher examines the technique of managing financial  distress in the Nigerian banking industry. The researchers purpose of study among other.     To examine bank recapitalisation as a technique of managing distress in 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
    ABSTRACT The researcher examines the technique of managing financial distress in the Nigerian banking industry. The researchers purpose of study among other. To examine bank recapitalisation as a technique of managing distress in the banking industry. To examine debt recovery and cost reductive as a technique of managing distress in the banking... Continue Reading
    Call Us
    whatsappWhatsApp Us