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Abstract

The overall objectives of this research work are to analyze the existence of unethical practice. Unethical professional practice is of special concern to the monetary and supervisory authorities, as these activities undermine the safety, soundness and stability of the banking industry. The purpose of this research work is to assess the implication of unethical practices in the banking industry. The research also intended to give a brief discussion on the need for ethics in the banking industry.  It also discussed the cause, nature, extent and consequences of unethical professional practice in the banking industry. As such that it will put on the alert with a view to stimulating the banking activities to considered ways and means of making or restoring customer’s confidence and reducing this syndrome. Unethical practices are wide in its nature and because of this the research areas that some malpractices has occurred in the banking industry. It also shows the cause and ways of reducing these problems of unethical practices and it will help the monetary authorities to take appropriate measures in order to sanitize the industry.

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