FINANCIAL DISTRESS IN SOME COMMERCIAL BANKS, REASONS, ISSUES, CONSEQUENCES AND SOLUTION
ABSTRACT
A descriptive study was made about financial distress in some Commercial Banks using secondary statistics.
This research work was designed to describe the Financial distress in some Commercial Bank in Nigeria. Also the causative factor as it affects Commercial Banks with the limited area of coverage.
The study also look at the following objectives such as nature and type of financial distress facing some Commercial Banks, banks involved in the distress, causes of distress, level of distress and to know if poor management also cause distress.
The study also answers the five (5) research questions. It was also discovered that distress is caused as a result of poor management, insolvency loss asset base, inadequacy of capital etc.
Therefore, recommendation such as: proper management, adequate funding, increased asset base provisions and adequate liquidity were made for the study. Also such research work should be done to other non-financial Banking Institution and other West African Country.
CHAPTER ONE
Introduction
1.1 Background Of The Study
In the Nigerian Banking system considering the last decade the Commercial Banking to be precise had under gone a rapid expansion both in terms of the number of Institution and the scope of Financial services rendered. As bank licensing was liberalized so was the seed of instability sown in these banking system at the same time.
As these expansion trend continuous, a sign of lacked vision among the investors and the directors motive of quick returns to satisfy the liquidity operation. The word distress has been in existence but increased promptly as these institution increased due to acute shortage of resources and the massive with drawal of deposit by government agencies and other public sectors from these bank.
The development threatened the Financial structure, expose and undermine the economic system which impede development of the economy.
Therefore, distress places a great burden on regulatory authority, depress the economy, undermine the payment system and discourage savings.
1.2 Statement Of The Problem
Some Commercial Banks have been diverted to assist in loans and advances to various sectors of the economy. And the Commercial Banking is known as refall banking which accept deposit and make payment to his customers. But the Financial condition of some of these Commercial Banking due to the political instability/electoral campaign that is on. Political analyst describe this on coming election to be one of the brutal crisis that is to come. Therefore, there is panic with drawal of fund by these bank customers. This institution is now bogged down by distress, insolvency, poor liquidity due to decline in deposit, and loss of confidence. The crisis has to be averted and the urgency prompted the study. This research work is designed to describe the financial distress in some Commercial Banking system in Nigeria.
1.3 Objective Of The Study
The objectives of the study are:
- To describe the nature and type of Financial distress facing some Commercial Banks in Nigeria.
- To identify some of the Commercial Banks involved in distress in Nigeria.
- To identify the causes of financial distress in Nigeria.
- To determine the level of distress in these Commercial Banks.
- To find out if the distress is caused by poor management.
CHAPTER TWO
2.0 Literature Review
2.1 Introduction
The review of relevant literature is the main topic of this chapter. A literature review covers theoretical and methodological contributions to a certain issue in addition to the state of knowledge at the time of writing. It provides information about the state of the art in relation to the subject you are writing about. It examines the body of work on the chosen subject. The literature evaluation in this study comprises the …
Procedure for Downloading the PDF (Docx) Material
Financial Distress in Some Commercial Banks, Reasons, Issues, Consequences and Solution can be downloaded by requesting the full set of materials at the project or seminar cost. The document will be sent via Microsoft Word (MS-Word) format via WhatsApp (e-mail) following payment confirmation.
| Seminar Material Cost ₦3,000 | Project Material Cost ₦5,000 |
Request Complete Material
 | Click here to request the Complete Material via WhatsApp including;
|
TABLE OF CONTENTSPRELIMINARY PAGES
- Title page
- Approval page
- Dedication
- Acknowledgement
- Table of Contents
- Abstract
INTRODUCTION
- 1.1 Background …
- ⋮
LITERATURE REVIEW
- 2.1 Introduction
- 2.2 Conceptual Review
- 2.3 Theoretical Framework
- ⋮
- 2.4 Empirical Studies
- 2.5 Research Gaps
- 2.6 Summary of Literature Review
CHAPTER THREE
RESEARCH METHODOLOGY
- 3.1 Introduction
- 3.2 Research Design
- 3.3 Population of Study
- 3.4 Sampling and Sampling Technique
- 3.5 Validation of Research Instrument
- 3.6 Method of Data Collection
- 3.7 Method of Data Analysis
- 3.8 Questionnaire Administration
- 3.9 Ethical Consideration
- 3.10 Statistical Analysis
CHAPTER FOUR
DATA ANALYSIS, RESULT AND DISCUSSION
- 4.1 Introduction
- 4.2 Presentation and Analysis of Data
- 4.3 Re-statement of Research Questions
- 4.4 Test of Hypotheses
- 4.5 Discussion of Findings
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
- 5.1 Introduction
- 5.2 Summary of Findings
- 5.3 Conclusion
- 5.4 Recommendation
- 5.5 Suggestion for Further Study
REFERENCES
APPENDIX A - “QUESTIONNAIRE”
Disclaimer for Complete Material Utilization
The displayed research work titled "Financial Distress in Some Commercial Banks, Reasons, Issues, Consequences and Solution" is stated as a research guideline towards accomplishing your assigned project / seminar research work. All the research materials on this website are ONLY for research purposes and should be used as a guideline in developing your research work. For no reason should you copy word for word as projectlist.com.ng will not be liable for any who copied the material. By ordering the complete research guideline, it signifies that you've accepted our terms of service.
PRELIMINARY PAGES
- Title page
- Approval page
- Dedication
- Acknowledgement
- Table of Contents
- Abstract
INTRODUCTION
- 1.1 Background …
- ⋮
LITERATURE REVIEW
- 2.1 Introduction
- 2.2 Conceptual Review
- 2.3 Theoretical Framework
- ⋮
- 2.4 Empirical Studies
- 2.5 Research Gaps
- 2.6 Summary of Literature Review
CHAPTER THREE
RESEARCH METHODOLOGY
- 3.1 Introduction
- 3.2 Research Design
- 3.3 Population of Study
- 3.4 Sampling and Sampling Technique
- 3.5 Validation of Research Instrument
- 3.6 Method of Data Collection
- 3.7 Method of Data Analysis
- 3.8 Questionnaire Administration
- 3.9 Ethical Consideration
- 3.10 Statistical Analysis
CHAPTER FOUR
DATA ANALYSIS, RESULT AND DISCUSSION
- 4.1 Introduction
- 4.2 Presentation and Analysis of Data
- 4.3 Re-statement of Research Questions
- 4.4 Test of Hypotheses
- 4.5 Discussion of Findings
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
- 5.1 Introduction
- 5.2 Summary of Findings
- 5.3 Conclusion
- 5.4 Recommendation
- 5.5 Suggestion for Further Study
REFERENCES
APPENDIX A - “QUESTIONNAIRE”
Disclaimer for Complete Material Utilization
The displayed research work titled "Financial Distress in Some Commercial Banks, Reasons, Issues, Consequences and Solution" is stated as a research guideline towards accomplishing your assigned project / seminar research work. All the research materials on this website are ONLY for research purposes and should be used as a guideline in developing your research work. For no reason should you copy word for word as projectlist.com.ng will not be liable for any who copied the material. By ordering the complete research guideline, it signifies that you've accepted our terms of service.
Frequently Asked Questions (FAQ)
Can the material for “The Role of International Financial Institution in the Development of the Nigeria Economy” be used as a guide for Banking and Finance (BF) Project?
Yes it can be used — This study is an attempt to examine how international monetary fund (IMF) and the international Bank for Reconstruction and development (IBRD) played a critical role in the development of the Nigeria Economy. The need of international Financial Institutions IMF, IBRD) is very imperative in the light of organizational objectives. The reasons for embarking on this research is therefore, to problem into the role of international financial institutions (IMF, IBRD) being implemented by the organization as well as projects related to agriculture Education, Industry etc. …
Can the material for “Design and Construction of Low Power Indicator” be used as a guide for Electrical / Electronics Engineering (EE) Project?
Yes it can be used — A Low Power Indicator can be defined as an indicator that is having a very low electrical supply or current situated in an electrical instrument which indicates the amount of power present in the instrument by their colour indication be it red, yellow or green. The study was conducted to design and construct a low power indicator system. In achieving this aim, the following specific objectives were laid out to design a system that will detect a low power outage, know the process of constructing a alarm system for indicating low power and describe the circuitry components needed for the construction of the low power indicator. A Low Power Indicator is a device that indicates by way of displaying light …
Can the material for “The Role of Traditional Media in Promoting National Unity in Nigeria” be used as a guide for Mass Communication (MC) Project?
Yes it can be used — The study was carried out to assess the role of traditional media in promoting national unity in Nigeria. In achieving this aim, the following specific objectives were laid out to analyze the various means through which traditional media carry out their national integration functions and investigate the influence of traditional media message during crises in the area under study. Investigation revealed that National integration is highly instrumental to the development of every nation. Nigeria, though characterized by so many ethnic, religious and cultural diversities cannot be said to be an exception. The research design used in this report is descriptive design, utilizing questionnaire method to obtain information from the respondents for this project. A total of 220 (two hundred and …
Can the material for “The Impact of Training and Development on Workers Performance” be used as a guide for Public Administration (PA) Project?
Yes it can be used — This study is an analysis of the impact of training and development on worker performance. This is the extent to which training and workers performance has been able to increase the performance of the work force in particular, and the organization in general like any organization in Nigeria training and workers performance are yet to receive the blessing of the Nigeria industrial training fund (N.I.T.F) when workers training and development. They are better place of facing challenge in their work or assigned jobs both present and future, they acquire skills, knowledge, competence, experience and self confidence in their work activities. Therefore, the research project aimed at finding out the apparent problems militating against the workers training and performance and suggesting …
Can the material for “Impact of N-Power Programme on Youth Empowerment in Nigeria” be used as a guide for Entrepreneurship Project?
Yes it can be used — N-Power addresses the challenge of youth unemployment by providing a structure for large-scale and relevant work skills acquisition and development while linking its core and outcomes to fixing inadequate public services and stimulating the larger economy. The study was carried out to determine Impact of N-Power Programme on Youth Empowerment in Nigeria. In achieving this aim, the following specific objectives were laid out to ascertain how well N-Power programme as enhance youth empowerment and evaluate the value of N-Power programme amongst youth in Nigeria. Investigation revealed that economic hardship experienced in our society has made poverty and malnutrition to deeply penetrate the youth. Youths are disproportionately susceptible to poverty in comparison with other age groups primarily because of the fluid …
Can the material for “The Impact of Intergovernmental Relation on Local Government Administration in Nigeria” be used as a guide for Public Administration (PA) Project?
Yes it can be used — The essay work examines the impact of intergovernmental relations on local government administration in Nigeria. The essay argues that Local Government is not mutually exclusive of other levels of government and that as such there is bound to be an interaction between the local and other levels of government. The study reveals that intergovernmental relations among the levels of government were in disarray due to the conflicts over issues of tax jurisdiction, revenue allocation, intergovernmental relations, fund transfers, overconcentration of power at the centre, illegal removal of government officials, among other factors. The essay posits that for cordial relationship between the local and other levels of government to take place, the constitutional status of local government must be clearly spelt …
Is the topic “Effects of Counselling on Depressed Spinal Cord Injured Patients” recommended for Guidance and Counselling Project?
Yes it is highly recommended — This study was undertaken to investigate and analyze the effect of counselling on the depressed spinal cord injured patients at the National Orthopaedic Hospital Igbobi, and Lagos University Teaching Hospital. It was a fact-finding research work, written explicitly in five chapters with each chapter containing interesting and vital information on the study. The chapter one contained the background to the study, statement of the problem, purpose of the study, significance of the study, research hypotheses etc., all these were well written out to give the study a focus and solid background. The methods and procedures used in the course of the study were contained in chapter three of the study. A descriptive survey design was adopted for the study based on its …
Can the material for “The Effect of Motivational Policies and Practice on Sales Force in Nigeria Banking Industry” be used as a guide for Banking and Finance (BF) Project?
Yes it can be used — The role in which adequate and equitable motivational policies in the life of sales force in an organization cannot be overemphasized. It leads to increased in sales productivity which will result to growth and progress of the organization in question. This study is an attempt to investigate on motivational compensation policies and practice in the First bank of Nigeria Plc. Nnewi Brach. This topic was extensively overwhelmed with a view to understanding the subject matter. Data was collected from the members of staffs of First Bank of Nigeria Plc Nnewi Branch using questionnaire. The collected data was duly presented and analyzed using Chi-square method analysis and result showed that compensation policies and practices thereby are very important in managing an organization. …
Can the material for “Design and Implementation of Computer Based Health Assistant” be used as a guide for Computer Science (CS) Project?
Yes it can be used — Computerized health assistant is a system utilized for storing, retrieving, and analyzing information. The aim of the study is to design an application that will eradicate the existing problems of the Computer Based Health Assistant. In achieving this aim, the specific objectives were laid out to develop a computerized application that will enable the care providers search and browse medical patient record without delay, and store patient medical file record in a database that will enable care providers to be able to locate patient files in the health facility. The motivation that led to the implementation of the proposed system is that care providers waste precious time searching and browsing for unscheduled medical patient record to collect all information pertinent …
Is the topic “Examination of Jollof Rice Served in Hotels for Pathogenic Organisms” recommended for Microbiology Project?
Yes it is highly recommended — This project work is aimed at examination of jollof rice served in hotels for pathogenic organisms and to find out possible pathogenic organisms in the food. Samples were collected from the hotels and were brought to the laboratory for analysis. The sample were homogenized and serial dilution of the sample was made out using 5ml sterile pipette and test tubes. The dilution were the cultured on different media, macconkey agar, and Nutrient agar, discrete bacteria colonies were observed and each colony was gram stained, the bacteria isolation were staphylococcus aureus, bacillus, Escherichia coli, these micro organism isolated are pathogenic and are toxin when ingested in contamination food. …