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.
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DEPARTMENT OF ECONOMICS FACULTY OF SOCIAL SCIENCES AHMADU BELLO UNIVERSITY, ZARIA.
Keywords
IMPLICATIONS,, DISTRESS,, NIGERIAN,, BANKING,, INDUSTRY,
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