CREDIT MANAGEMENT AND DEBT COLLECTION IN COMMERCIAL BANKS IN NIGERIA (A CASE STUDY OF SOME SELECTED BANKS)
CREDIT MANAGEMENT AND DEBT COLLECTION IN COMMERCIAL BANKS IN NIGERIA (A CASE STUDY OF SOME SELECTED BANKS)
No Thumbnail Available
Date
2002-02
Authors
EBENEZER, FARINUOLA OLABODE
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
Banks are financial intermediaries between two groups: the savers – depositors
and borrowers – spenders. Their activities make it possible for idle funds to be
transferred to individuals, firms and government who will use this productively.
The surplus units, which the banks borrow from demand the best possible termsin,
the rates of interest and maturity structures and maximum liquidity to enable
them to have funds back, when they want them or as agreed. Also, the deficit
units which borrow from the banks would want to borrow when they need funds
and as cheaply as possible. Like the lenders, the borrowers also impose the
obligation of maximum liquidity on the banks to enable them to obtain the funds
when they need them.
The main source of income and profitability of banking remains the spread or
difference between the rate at which funds are borrowed at and the rate at which
they are invested or loaned out. In these circumstances, credit and debt collection
management has become common with risk management in managing the risks
of mismatches between assets and liabilities and between borrowing and lending
rates.
Credit and debt collection management is therefore an area, which cannot be
neglected in risk management in banks considering the percentage of commercial
bank income derived from loans and advances.
We shall in this study/research consider the concept and classes of credit
information. Debt collection policies and practices, legal aspect of credit
management and machinery for the recovery of bank credits and advances using
some selected commercial banks and proffer solutions to the grey areas in credit
management in commercial banks in Nigeria.
Description
A RESEARCH PROJECT BEING SUBMITTED IN PARTIAL
FULFILMENT OF THE REQUIREMENTS FOR THE AWARD OF
MASTERS IN BUSINESS ADMINISTRATION IN THE FACULTY
OF ADMINISTRATION, AHMADU BELLO UNIVERSITY, ZARIA.
FEBRUARY, 2002.
Keywords
CREDIT,, MANAGEMENT,, DEBT,, COLLECTION,, COMMERCIAL,, BANKS,, NIGERIA, CASE,, STUDY,, SELECTED,, BANKS,