Sale!

Sound Credit Management as a Survival Strategy for Commercial Banks in Nigeria (2005-2010) (PDF)

3,000.00

If you are interested in getting this project material “Sound Credit Management as a Survival Strategy for Commercial Banks in Nigeria (2005-2010) (PDF), click on the DOWNLOAD BUTTON to make payment and the file will be delivered to your email immediately after confirmation.

Description

– Sound Credit Management as a Survival Strategy for Commercial Banks in Nigeria (2005-2010) –

Download Sound Credit Management as a Survival Strategy for Commercial Banks in Nigeria (2005-2010). Students who are writing their projects can get this material to aid their research work.

Abstract

The growing cases of classified debt and the increasing trend in the yearly provision for bad and doubtful debt in commercial banks suggest that there may be errors in the administration of credit by commercial banks in Nigeria.

With this background, the tending polices and credit management, in a typical commercial bank. The union bank of Nigeria plc was appraised with a view to ascertain the cause of consequences of bad debts as well as to find ways and means of reducing the incidence of bad debt thereof.

The researcher thought test techniques are intended to determine the extent to which inadequate collateral security provision by borrower increases the incidence of bad debt in the bank of Nigeria plc.

He also investigated whether fund diversion has nay effect on bad debts of union bank from (2005-2010). A questionnaire was used to collect a debt; this was supplemented with oral interviews and published reports.

Two hypotheses were formulated and tested with chi-square. The result of the test shows that inadequate collateral provision by borrowers increased the incidence of bad debt in union bank.

Base on these, the researcher made his recommendations and conclusion that banks should lend to the viable projects and ensure that it is backed by adequate collateral. It is suggested that further research in this area should examine community bank like federal mortgage bank of Nigeria (FMBN).

Introduction

1.1 Background of the Study

The primary function of a commercial bank is the extension of credit to worthy borrower. In making credit available, commercial banks are rending a great social service, through their actions production is increased, capital investments are expanded and a higher standard of living is realized.

Banks make it possible for industries to produce a layered quality of goods and services which many remain in stock as or reprocessed into another form. A good example is the food industry where the quality produced maybe for in excess of what can be consumed immediately.

When credits are granted, they are expected to be paid at the expected schedule time. But when deadlines are not met, the result is bad debt. Bad debt is a debt which is unlikely to be paid which are written off from the account.

To minimize the incidence of bad debt which are in most cases caused by poor credit management, there has to be adequate knowledge of credit management by thee vested with the responsibility of granting loans to customers.

In the past when regulation and control were inadequate, there was a high incidence of classified debts (doubtful debt), and many of these were later written off as bad debts which eventually reduce profit.

Today, the central bank has woken up to the challenges of poor credit management which has brought about the “distress syndrome” in many banks.

It has issued out many circulars and guidelines to commercial banks and a lot of returns firm weekly, monthly, quarterly, yearly and bi-yearly are expected to be rendered to the central bank of Nigeria.

How to Download this Project Material

First, note that we are one of the best and most reliable online platforms because we don’t retain any of your personal information or data as regards making payments online.

PRICE: ₦3,500 ₦3,000  (Three Thousand Naira Only)

Make a bank deposit or mobile transfer of ₦2,000 only to the account given below;


Bank Name: UBA Account Number: 1022564031 Account Name: TMLT PRO SERVICES


After making the payment, CLICK HERE to send the following on WhatsApp;

  • Depositor’s Name or Screenshot of Payment
  • Name of the Past Question
  • Active Email Address

or Call Us On +2348082284439 Once your details have been received and your payment confirmed by us, you will receive the past question in your email or WhatsApp within 5 Minutes.

Guarantee of Getting the Material 

We understand that due to the high rate of fraud, many people are afraid of making purchases online but be rest assured that PastExamQuestions will deliver your material after payment.

Once your details have been received and your payment confirmed by us, you will receive the past question in your email or WhatsApp.

Give us Feedback

Have we been able to satisfy you? How well do you think the material will be helpful after having gone through it? Does the price worth the material?

Let’s hear from you! We recommend that our customers give feedback at the end of every transaction to enable us to serve better. You can do this by clicking the review button on this page.

Where is the review button? >> Just scroll up to where you see reviews

Reviews

There are no reviews yet.

Be the first to review “Sound Credit Management as a Survival Strategy for Commercial Banks in Nigeria (2005-2010) (PDF)”

Your email address will not be published. Required fields are marked *