FINANCIAL DISTRESS IN SOME COMMERCIAL BANKS, REASONS, ISSUES, CONSEQUENCES AND SOLUTION.

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 CONTENTSTITLE PAGEIIAPPROVAL PAGEIIIDEDICATIONIVACKNOWLEDGEMENTVABSTRACTSVILIST OF TABLESVIIITABLE OF CONTENTSIX
CHAPTER ONEINTRODUCTION1.1BACKGROUND OF THE STUDY11.2STATEMENT OF PROBLEM21.3OBJECTIVE OF THE STUDY31.4RESEARCH QUESTIONS41.5SCOPE OF STUDY51.6LIMITATION OF STUDY51.7SIGNIFICANCE OF THE STUDY61.8RATIONALE/JUSTIFICATION FOR THE STUDY61.9DEFINITION OF TERMS71.10ASSUMPTION OF THE STUDY8
CHAPTER TWOLITERATURE REVIEW92.1FINANCIAL DISTRESS132.2MANAGING DISTRESS IN NIGERIAN BANKS142.3ASSESSMENT OF THE RESOLUTION FRAMEWORK IN NIGERIA AND PROBLEMS212.4ACTION TO TACKLE FINANCIAL DISTRESS2.5CAUSES OF FINANCIAL DISTRESS2.6MEASURE/EXTENT OF DISTRESS IN NIGERIA
CHAPTER THREERESEARCH METHODOLOGY3.1SOURCE OF DATA393.2LIMITATION OF SOURCE OF DATA41
CHAPTER FOURFINDINGS43
CHAPTER FIVESUMMARY, CONCLUSION AND SUGGESTION FORFURTHER RESEARCH5.1SUMMARY OF FINDINGS475.2CONCLUSION485.3SUGGESTION FOR FURTHER RESEARCH49BIBLIOGRAPHY50