Volume 1 alpha - merchant bank:
| dc.contributor.author | ALPHA merchant bank PLC | |
| dc.date.accessioned | 2023-04-03T10:18:32Z | |
| dc.date.available | 2023-04-03T10:18:32Z | |
| dc.date.issued | 2022 | |
| dc.description | A group of investors from diverse background such as medicine, banking manufacturing, commerce, administration and law promoted the establishment of Alpha Merchant Bank (AMB) at a time the regulatory capital was N6 million. In keeping with the permissible ownership structure, no single shareholder held more than 5% of the paid up capital. The shareholders were also required to maintain a geographical spread covering two thirds of the existing 19 states (i.e 13 states) of the Federation. The bank commenced business on 6th June, 1988. | |
| dc.description.abstract | 1.0 Introduction: Institution’s Background; Business Environment; 2.0 The journey to failure: Boardroom Crisis; Purchase of BIAO shares in Afribank; Struggle for Control; 3.0. Appraisal of bank's performance: Capital Adequacy; Asset Quality; Management; Earnings; Liquidity; 4.0 Causes of bank's failure: Weak Corporate Governance; Management Ineptitude; Financial Engineering; 5.0 Regulatory Intervention: Dissolution of Bank’s Board; Liquidation; 6.0 Prosecution of directors & officers for wrong -doing; 7.0 Lessons learnt; 8.0 Conclusion. | |
| dc.identifier.uri | https://nigeriareposit.nln.gov.ng/handle/20.500.14186/580 | |
| dc.language.iso | en | |
| dc.publisher | Alpha - Merchant Bank, (2022?) | |
| dc.title | Volume 1 alpha - merchant bank: | |
| dc.title.alternative | Case study of alpha merchant bank PLC | |
| dc.type | Article |