Evaluation of Bank Lending Practices and Credit Management in Nigeria
Content Structure of Evaluation of Bank Lending Practices and Credit Management in Nigeria
The abstract contains the research problem, the objectives, methodology, results, and recommendations
- Chapter one of this thesis or project materials contains the background to the study, the research problem, the research questions, research objectives, research hypotheses, significance of the study, the scope of the study, organization of the study, and the operational definition of terms.
- Chapter two contains relevant literature on the issue under investigation. The chapter is divided into five parts which are the conceptual review, theoretical review, empirical review, conceptual framework, and gaps in research
- Chapter three contains the research design, study area, population, sample size and sampling technique, validity, reliability, source of data, operationalization of variables, research models, and data analysis method
- Chapter four contains the data analysis and the discussion of the findings
- Chapter five contains the summary of findings, conclusions, recommendations, contributions to knowledge, and recommendations for further studies.
- References: The references are in APA
Abstract Of Evaluation of Bank Lending Practices and Credit Management in Nigeria
The recapitalization of the banking sector in Nigeria since 2005 has brought about a total change in commercial bank lending behavior and credit management in Nigeria. With the growth in entrepreneurial activities in Nigeria, the demand for bank loans is at the increase. Small and medium scale business owners are constantly looking for business credit to expand their operations and sustain their businesses. This gap between business owners demanding for bank loans and the in-ability of commercial banks to totally remedy the situation is disturbing and needs proper attention from the government.
Employees of first bank Nigeria plc, Uyo Branch were used for the study. Findings from the study are limited to First bank plc, Uyo.
Concerning methodology, data was gotten from both primary and secondary sources. Questionnaires issued to respondents constitute the primary source of data, while the internet, journals and text books made up the secondary source of data.
Findings from the study revealed that credit management in Nigerian banks are not very efficient as some internal control measures to check frauds are missing. The study also revealed that credit management is a very important aspect in banking, as any fraudulent activity in the lending process can collapse businesses and banks as well. Bank officials must be transparent and honest in their dealings with customers who apply for loan facilities, as this will prompt clients to pay up any loan collected.