-
Loan Granting And Its Recovery Problems On Commercial Banks
[A CASE STUDY OF FIRST BANK PLC, OJO- ALABA BRANCH]
CHAPTER ONE -- [Total Page(s) 3]
Page 3 of 3
-
-
-
1.8 DEFINITION
OF TERMS In the course of the study, the researcher makes use of some
words that needs to be defined so as to carry the reader along.
LOAN:
This is the act of allowing a borrower to make a temporal use of funds
at its disposal. It is also a more formal arrangement by which a bank
agree to lend an agreed amount to a customer usually for a given period.
RISK: It is the measure of uncertainly inherent in any decision making process.
PROFITABILITY: It is used as index for measuring managerial performance. It means yielding or bringing profit or gain.
LIQUIDITY: This is the word that banks used to describe their ability to satisfy demands for cash in exchange for deposits.
BANKING: It is an agency through which debts and credits are converted and exchanged between owners.
BAD
AND DOUBTFUL DEBT: Bad debts are those which are not recoverable,
though they are written off as loss. Doubtful debts are those of which
the recovery in full or part is uncertain.
CAPITAL: It is the equity value of the bank educated to the present value of its future earnings.
1.9 LIMITATIONS OF THE STUDY:
In
the course of the study, the researcher was faced with several
constraints. One of the constraints was the short time period within
which the research was to be completed. Another factor was shortage of
cash which prevented the researcher from traveling to source the data.
Also, most of the credit analysis criteria in commercial banks were not
disclosed to offer the necessary data required. Their frequent
postponement of appointment coupled with the fact that commercial banks
in Nigeria are vast in population i.e. First Bank Branches. The
researcher could not get to all of them, therefore a sample was taken to
represent all.
CHAPTER ONE -- [Total Page(s) 3]
Page 3 of 3
-
-
ABSRACT - [ Total Page(s): 1 ]This research work was undertaken to assess the Loan granting and its recovery problems on Commercial Banks. The research was intended to achieve the following objectives: To find out the several problems facing loan recovery, the effects of loan default on commercial banks and the measures that will be used in reducing the incidence of loan default. Relevant data were collected from both primary and secondary sources. Questionnaires were the main primary data collection instrument employed whil ... Continue reading---
