The impact of debt management on the profitability of the banking industry Department: Business Administration and Management By: captainonuh1414 Project ID: 6889 Rating: (5.0) votes: 1Rate this project12345 Price:₦3000 Get the Complete MaterialAbstractThe impact of debt management on the profitability of the banking sector partially Zenith Bank. The researcher personally administrated the questionnaire in order to avoid bias and diluted responses. The researcher administrated the questionnaire on the spot distribution where the questionnaire was shared with 10 respondents in First Bank Katsina. Respondents are agitated to give honest and truthful information at a reasonable period of time for the achievement of the stated purpose of the study. Based on the research findings, the following recommendations are offered. It is hoped they will improve credit management, not only in First Bank of Nigeria Plc but also in the whole banking industry of Nigeria. Banks should allow the debt recovery department to engage in negotiations and decide on loans to be approved. Also, a team should be constituted to monitor how the funds released are been utilized by the borrowers. The visiting team will monitor the borrowers from diverting the borrowed money to other risk ventures that the bank would not have approved or consented to. All loans and advances must be secured. The security must cover and leave ample margin over and above the bank s exposure. Good security should have the following qualities. It must be realized i.e it can be converted to cash with minimum delay. It should be free from encumbrance. It should be capable of appreciating in the valve. The most readily acceptable collaterals are land, buildings, plants, and pieces of machinery and share certificates. Finally, banking institutions should endeavor to send loan officers to courses, training and seminars in order to update their knowledge and experience. ...Preview Download Preview +Other Business Administration and Management project topics and materials you might be interested in»The Effect of Management Information System on Achievement of Organization Objectives ( A Case Study of Nitel Owerri )»The impact of production planning and control on a manufacturing process ( a case study of Nigeria bottling company aba, abia state)»Marketing implication of merger and acquisition in banking industry - a case study of Access bank Plc, Bida branch, Niger state»The Effect of Motivation on Employees Productivity in Anambra State ( A Case Study of Education Commission Awka )»The Impact of Staff Discipline in the Attainment of Organizational Objectives ( A Case Study of Selected Organizations in Owerri, Imo State )»The Impact of Performance Appraisal on Staff Productivity ( A Case Study of Diamond Bank Plc, Owerri )»The effect of irregular payment of workers salaries on productivity of workers in imo state (a case study of owerri municipal council)»A critical evaluation of leadership style and organization performance in the private sector ( a case study of selected establishment in abia state)»The impact of welfare packages on employees performance (A case study of Nigeria breweries plc Aba)»The Effects of Motivation on Workers Morale ( A Case Study of Power Holding Company of Nigeria, Aba )»Motivation and Employee Performance in Public Sector ( A Case Study of NTA Channel 12 owerri)»Management Problems of Manufacturing Industries in Nigeria ( A Case Study of Nigeria Breweries Plc and Unilever Plc )»An assessment of the impact of modern communication facilities on service delivery in business organization ( A case study of ICT based firms in aba, abia state)»The Impact of Delegation on Management Decision Making ( A Case Study of Zenith Bank Plc, Enugu )»The Role of Customer Service in the Service Delivery of Multinational Companies in Nigeria ( A Case Study of Unilever Nigeria Plc Aba)