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CREDIT POLICY AND DEBT RECOVERY EFFORT IN NIGERIAN COMMERCIAL BANKS

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND OF THE STUDY To every nation, the existence of the banking industry is inevitable. This necessitates the need for deposit and credit mobilization. Osayeme (1936) reported that lending has become a vital function in banking operations because of its direct effect on economy, growth and business development. A bank is an organization that accepts money in different account and honors cheque drew upon it, return ...

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