Sound credit management as a survival strategy for commercial banks in Nigeria 2005 - 2010. (A case study of union bank and fidelity bank plc ) Department: Banking and Finance By: philip123 Project ID: 168 Rating: (3.0) votes: 113Rate this project12345 Price:Free Download MaterialAbstractThe 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 view to ascertain the cause of consequences of bad debts as well as to find ways and means of reducing the incidence of bade debt thereof, the researcher, thought test techniques in intended to determine the extent to which inadequate collateral security provision by borrower increase the incidence of bad debt in 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 debt this was supplemented with oral interview 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 viable project and ensure that it is backed by adequate collateral. Ti is suggested that further research in this area should examine on community bank like federal mortgage bank of Nigeria (FMBN)...Preview Download Preview +Other Banking and Finance project topics and materials you might be interested in»The role of central bank of Nigeria (CBN) in the development of Nigeria financial sector»Appraisal of the economic implication of electronic banking in Nigerian banks (A case study of diamond bank)»The impact of strategic planning on banks performance in Nigeria (A case study of united bank for Africa plc)»Evaluation of the impact of liquidity management on banks performance in Nigeria ( A case study of UBA )»The roles of central bank of Nigeria in the prevention of bank failure or liquidation (A case study of central bank of Nigeria 2005-2009)»The role of financial institutions in promoting banking habit and saving capital formation in Nigeria»The effect of electronic banking on fraud reduction in bank (A case study of access bank plc)»The effectiveness of monetary policy measures in controlling inflation in Nigeria»Problems and challenges facing finance houses in the Nigerian economy ( A case study of mortgage bank owerri )»The role of deposit money bank in Nigeria in economy development in Nigeria - a case study of Access Bank Plc»Motivation as a way of reducing fraud in banking industry ( A case study of UBA and Fidelity bank )»The impact of insurance industry on the economic growth of Nigeria (A case study of nicon and hallmark insurance companies 2005-2009)»Identification and management of bad debts in Nigeria commercial banks(A case study of UBA plc)»The contribution and effect of computer to modern day banking in Nigeria (A case study of zenith bank and first bank plc)»The use of accounting information in assessing control and performance in an organization (A case study of first bank of Nigeria owerri)