SECURITIES FOR BANK LENDING

📄 Project Abstract

Bank lending transactions deal solely with matters that are related with security for advancement. The importance of security in bank lending can not be over-emphasised in business relationship between both banker and customers, in present day Nigeira. The economy has virtually collapsed or has reached a point of total collapse. Many banks are distressed currently due to the state of the economy, those that have not wound up are struggling to survive and are increasingly finding it difficult to stay on board. Rising inflation cripples both individual banks and financial institutions. These coupled with very poor wages and extreme pressure on the economy, everyone is searching for an alternative source of money. Some to shore up a collapsing business, others expand an existing one or to start a new project. The need to secure these loans has become imperative. The sole objective of this thesis is to bring the law relating to security for banks lending under Nigeira law, in work for easy...