IMPLICATIONS OF DISTRESS IN THE NIGERIAN BANKING INDUSTRY
IMPLICATIONS OF DISTRESS IN THE NIGERIAN BANKING INDUSTRY
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Date
2000
Authors
HUSSAINI, MOHAMMED UWAISU
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Abstract
ABSTRACT
This study is an attempt at studying the general framework put in
place to check financial irregularities within the industry. In the
course of this exercise, the causes and implications of banks
failure were identified, discussed and failure resolution
recommended.
Based on the works of Doguwa (1997) on an early warning model,
the thesis made use of the logit - analytic technique which derived
its data from financial ratios the licensed banks render to both the
Central Bank of Nigeria (CBN) and Nigerian Deposit Insurance
Corporation (NDIC). The analysis was carried out using the data
from bank financial ratio of December 1993 and 1994. The result
of the study was found to be consistent with our earlier prediction.
For policy illustration, the analysis of the banks financial position
was carried out using data for December, 1999 and January, 2000
for merchant and commercial banks respectively to determine
distress or sound banks.
Description
DEPARTMENT OF ECONOMICS
FACULTY OF SOCIAL SCIENCES
AHMADU BELLO UNIVERSITY, ZARIA.
Keywords
IMPLICATIONS,, DISTRESS,, NIGERIAN,, BANKING,, INDUSTRY,