AN EXAMINATION OF THE TECHNIQUES OF MANAGING FINANCIAL DISTRESS IN THE NIGERIA BANKING INDUSTRY. A RESEARCH PROJECT MATERIAL ON BANKING AND FINANCE
ABSTRACT
The researcher examines the technique of managing financial distress in the Nigerian banking industry. The researchers purpose of study among other.
To examine bank recapitalisation as a technique of managing distress in the banking industry.
To examine debt recovery and cost reductive as a technique of managing distress in the banking industry.
To examine bank acquisition and merger as technique of managing distress in the Nigeria banking industry.
The researcher collected the necessary data through structural questionnaire and oral interview. In analyzing the data collected, the researcher made use of textual and tabular presentation.
In both case chi-square and simple percentage where the major tools used for data ananlysis.
The findings revealed among other things.
(1) That bank needs to be recapitulated.
(2) That two or more distressed banks need to merge to from a new, strong and healthy one.
(3) That banks need to recover their debts to ensure their continuing existence.
A strong bank should take over a small and weak bank to enhance its survival and performance. It was also discovered that excessive operational cost is one of the factors that led to bank distress.
PROPOSAL
This research work is a study of an examination of techniques of managing financial distress in the Nigerian banking industry. This research work will indicate the statement of problem work the techniques of managing financial distress in the Nigeria banking industry, it also reflect the purpose of the study, as the writer will present the primary study and secondary.
The project as well dealt with the review of existing literature on the topic of study, from textbook, internet, journals, newspapers etc, which the writer studied, so as to provide current views on the topic.
This work will also revealed the research methodology the writer employed in collecting his primary and secondary data and ananlising them horizontally and vertically, which emcounpasses the data collecting techniques used.
In conclusion, the findings discoveries recommendation and conclusion were explained by the author. The author record was also documented.
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