FINANCIAL DISTRESS IN SOME COMMERCIAL BANKS IN NIGERIA (A CASE STUDY OF UNION BANK OF NIGERIA PLC)

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.   TABLE OF CONTENTS TITLE PAGEII APPROVAL PAGEIII DEDICATIONIV ACKNOWLEDGEMENTV ABSTRACTSVI LIST OF TABLESVIII TABLE OF CONTENTSIX
CHAPTER ONE INTRODUCTION 1.1BACKGROUND OF THE STUDY 1.2STATEMENT OF PROBLEM 1.3OBJECTIVE OF THE STUDY 1.4RESEARCH QUESTIONS 1.5SCOPE OF STUDY 1.6LIMITATION OF STUDY 1.7SIGNIFICANCE OF THE STUDY 1.8RATIONALE/JUSTIFICATION FOR THE STUDY DEFINITION OF TERMS 1.9ASSUMPTION OF THE STUDY
CHAPTER TWO LITERATURE REVIEW 2.1FINANCIAL DISTRESS 2.2MANAGING DISTRESS IN NIGERIAN BANKS 2.3ASSESSMENT OF THE RESOLUTION FRAMEWORK  IN NIGERIA AND PROBLEMS 2.4ACTION TO TACKLE FINANCIAL DISTRESS 2.5CAUSES OF FINANCIAL DISTRESS 2.6MEASURE/EXTENT OF DISTRESS IN NIGERIA
CHAPTER THREE: RESEARCH METHODOLOGY 3.1SOURCE OF DATA CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS DATA PRESENTATIONDATA ANALYSIS TEST OF HYPOTHESES
CHAPTER FIVE: DISCUSSION AND CONCLUSION OF RESULTS DISCUSSION OF FINDINGS 5.1CONCLUSION OF THE STUDY 5.2RECOMMENDATIONS 5.3SUGGESTION FOR FURTHER STUDIES LIMITATION OF THE STUDY        REFERENCES        APPENDIX