Checking Distress In The Nigerian Banking Sector The Role Of Accountants And Auditors (a Case Study Of First Bank Of Nigeria Plc, Awka)

110 pages ID: BFN1458

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DepartmentBanking and Finance
TypeProject
Pages110
Reference StyleYES
FormatMS Word & PDF
Reference No.BFN1458

Abstract

1.1 INTRODUCTIONDistress in the Nigerian banking sectors is a problem that bank has in this recent time.  This seems as if the regulatory authorities appeared to be fighting a losing battle to sanitise the system.Ebtiodaghe (1996) observed that banking distress occurs when customers were unable the loss of their deposits and consequent breakdown of their contractual obligation.  The central bank fails to meet its capitalization requirements, has a weak deposit base and is afflicated by mismanagement.  Aderiu (1997) said that distress in banks I based on the banks examination rat…

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