Bank Failure: Causes And Consequences

ABSTRACT Bank failure in our banking industry has become a peculiar household word in this country, which cannot be overemphasized. It is a re-current issue, which has caused untold hardship to collective individuals, individual, stakeholders. This ugly scene has paved way for losses of staggering sum of money and investment by some banks.As a matter of facts, Banks distress has significantly contributed to the bank failure of some banks. This project work examined the trend that lead to the Bank failure and moreover, some Bank staff have lost their jobs and single benefits. The confidenc…