The credit management and incidence of bad debt Department: Banking and Finance By: uzogood4u Project ID: 5322 Rating: (5.0) votes: 1Rate this project12345 Price:₦2000 Get the Complete MaterialAbstractThis study is on credit management and the incidence of bad debt in Nigerian deposit money banks using Diamond Bank Nigeria Plc as a case study. There has been a distinction between the surplus economic units and the deficit economic units. This has necessitated the existence of financial institutions whose jobs include the transfer of funds from net savers to investors who are in need of such funds and one of such institutions is the deposit money bank. The objective of this study is to determine and appraise the lending procedures of banks using Diamond Bank Nigeria Plc as a case study with a view to highlighting the effectiveness and adequacy or otherwise of the credit management policy of Nigeria banks in reducing the occurrence and consequences of bad debts. The researcher adopted the Quasi-experimental research design. Data were collected using questionnaires, interviews, observations, newsletters, the company’s website, etc. While treating and analyzing the data collected, tabular information and percentages were of great importance. It was forward out that lending is necessary to business and it also assists businesses in raising funds. The researcher recommends that banks should ensure that loans given to individuals and corporations are with adequate collateral security since inadequate collateral security provisions by borrowers increase the in advance of bad debts in banks. ...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)