This research work was carried out to predict corporate failure in banks through the use of financial ratios. Corporate failure and distress is a real possibility for any company. To analyse the data the Altman Z Score model of predicting corporate failure was used. Some of the findings was that the Altman Z Score model is an effective means of predicting failure and there is no relationship between the financial statement of distressed banks and those of healthy banks because, while the former revealed a Z score below 1.8 (likely to fail), the later revealed a Z score above 1.8 (not likely to fail). The conclusion was that, corporate failure as a process commences with poor management decision. Some recommendations were made based on the conclusion reached. Prominent among these recommendations is that, to forestall failure, banks would need to watch the appropriateness of their decisions.
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