Download Tag: DEBT RECOVERY PROCEDURES

ABSTRACT While granting of loan is been described as the '"Power Point" in banks; the battle with the non-performing loans (debts) remains one of the most serious issues in banking sector across the globe, particularly in developing countries like Nigeria. Despite the strict considerations of cannon of lending applied in loan appraisal of customers, there is still no single bank that is not confronted with non-smooth repayment of loans. Non ...

CHAPTER ONE INTRODUCTION 1.1  BACKGROUND TO THE STUDY A major function of the banking system is the transfer of funds from the surplus units to deficit units of the economy. This is achieved through deposit mobilization and onward lending to customers by ways of loans and advances. Most money deposit banks in Nigeria today cannot equivocally declare that they have been untouched by problem of loans certainty; it is a ...

ABSTRACT This audit report is a reassurance to management that it is fulfilling its stewardship and accountability roles. It enables the owners of organization for example, the shareholders of a company to rekindle with competence in management and decide whether or not to explain the scope of their investment in such organization. Thus, the audit report is a strong indication to investors, guiding them on investment decisions in their lending ...