Download Tag: BANK DISTRESS

CHAPTER ONE INTRODUCTION 1.1     BACKGROUND OF THE STUDY The place of bank in the life of any nation cannot be over emphasized for instant, commercial bank started in Nigeria sometimes in 1891, the early generation banks contributed tremendously towards the economic development of the country. However, with the advent of second and third generation banks, there were sign of distress. Indeed distress in banks became a big source of concern of ...

ABSTRACT This study examines Bank Distress and its effect on the economic growth of Nigeria economy for the period of 1980 to 2009. Using the Classical Linear Regression Model the ordinary Least Square Method (OLS) of analysis was adopted for the analysis of the work. The result shows that the distress in the banking sector has a significant effect on the growth of GDP in Nigeria. We recommend among others that the government ...

CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY In the past financial report of commercial and merchant bank showed that they usually carried out excess liquidity.  But by the end of 1993, the huge excess liquidity disappeared. The minimum required liquidity ratio was 30%s Nwaigwe K. O. (2015). In later years, the ratio deteriorated, it was claimed that the issuance of stabilization securities contributed to the above. Also another development which the ...

CHAPTER ONE INTRODUCTION The write – up looks into “bank distress, nature and cause, implication and associated auditor’s responsibilities”. The importance of banks in the economy cannot be over emphasized bank occupy a critical place in a complex financial system that supplies the money and credit needed for the economy. The development of banking system is seen by both the banking institutions and non – banks financial institution as a ...