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DISTRESS IN BANKING, CAUSES, EFFECTS AND SOLUTIONS
[A case study of Mainstreet bank] -
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- Contributor: mr-chris
- engagements: 226
- Case No: 278243pw
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CHAPTER ONE - [ Total Page(s): 2 ]CHAPTER ONE1.0 INTRODUCTION Finance distress in Nigeria is a problem that has recently assumed intractable dimension. The situation is such that the regulatory authorities appear to be fighting a loosing battle in their bid to sanitize the system. The phenomenal growth of banks following the introduction of the structural adjustment programme created a false impression that banking in all corner’s business. Hence, all type of investors who have surplus to throw about the besieged the banking sector. No-only did incompetent and inexperienced hands assumed very senior po ... Continue Reading
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