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.
TABLE OF CONTENTS
TITLE PAGE II
APPROVAL PAGE III
DEDICATION IV
ACKNOWLEDGEMENT V
ABSTRACTS VI
LIST OF TABLES VIII
TABLE OF CONTENTS IX
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY 1
1.2 STATEMENT OF PROBLEM 2
1.3 OBJECTIVE OF THE STUDY 3
1.4 RESEARCH QUESTIONS 4
1.5 SCOPE OF STUDY 5
1.6 LIMITATION OF STUDY 5
1.7 SIGNIFICANCE OF THE STUDY 6
1.8 RATIONALE/JUSTIFICATION FOR THE STUDY6
1.9 DEFINITION OF TERMS 7
1.10 ASSUMPTION OF THE STUDY 8
CHAPTER TWO
LITERATURE REVIEW 9
2.1 FINANCIAL DISTRESS 13
2.2 MANAGING DISTRESS IN NIGERIAN BANKS 14
2.3 ASSESSMENT OF THE RESOLUTION FRAMEWORK
IN NIGERIA AND PROBLEMS 21
2.4 ACTION TO TACKLE FINANCIAL DISTRESS
2.5 CAUSES OF FINANCIAL DISTRESS
2.6 MEASURE/EXTENT OF DISTRESS IN NIGERIA
CHAPTER THREE
RESEARCH METHODOLOGY
3.1 SOURCE OF DATA 39
3.2 LIMITATION OF SOURCE OF DATA 41
CHAPTER FOUR
FINDINGS 43
CHAPTER FIVE
SUMMARY, CONCLUSION AND SUGGESTION FOR
FURTHER RESEARCH
5.1 SUMMARY OF FINDINGS 47
5.2 CONCLUSION 48
5.3 SUGGESTION FOR FURTHER RESEARCH 49
BIBLIOGRAPHY 50