Banks' Survival Strategies In A Potentially Distressed Financial Environment: A Case Study Of Habib Nigeria Bank Limited

📄 Project Abstract

This study has revealed that a gap exists between the theoretical basis and the practical application of existing knowledge and experience in the field of banking and financial institutions management in the developing countries. As a consequence of this gap, the study further reveals that there could be an impact on the national economies, in particular the domestic currency operations, of such countries; with considerable loss of funds by shareholders, creditors and depositors. The measures necessary and steps needed to bridge the gap is the objective of this study. The study gives a preview of the stormy and chequered history of banking in Nigeria. It also provides an overview of the current myriad of problems being experienced by the banking industry in Nigeria, which started in 1986 shortly following the introduction of the Structural Adjustment Programme (SAP), and culminated with the demise of some 40 banks in 1994 and the loss of an estimated over 41 billion Naira of depositors...