Possible Reason For Bank Failures

1.1 BACKGROUND OF THE STUDYBanking enterprises is established with the assumption that the objectives of every management is to maximize profit. The importance of these organization cannot be over emphasized as they are the bed rock of other sector of the economy. A very good example of the sector is the financial institution known as the banking sector. The phenomenal growth of banks following the introduction of SAP creates a take impression that the banking sectors is an all corners business. The financial industry was thus flocked by incompetent hand and operators with not too clear record…