Credit Management In Commercial Banks A Case Study Of United Bank For Africa (Uba) Plc

📄 Project Abstract

Lending Institutions occupy a central position in the nation's financial system and are essential in the development process of the economy. By intermediating between the surplus and deficit spending units, banks increase the quantum of national savings and investments and hence national output. By granting credits, banks create money thus influencing the level of money supply which is an essential item in the growth of national income as it determines the level of economic activities in the country. For banks to be able to function effectively and contribute meaningfully to the development of a country, the Industry must be stable, safe and sound. Since early 1990s, the situation has been a far cry from the level of stability required. Consequently a number of commercial and merchant banks have failed owing to a number of reasons. One of these reasons is poor credit policies by the banks and in cases where good policies are in place such are never implemented faithfully. The regulator...