THE EFFECT OF BAD AND DOUBTFUL DEBT ON THE LIQUIDITY OF UNITY BANK
CHAPTER ONE 1.0 INTRODUCTION The word “bad and doubtful debt” is used in the banking to refer to the portion of loans, advances and over drafts granted by bank which has proved difficult and seemingly impossible to recover in full from the respective committed customer. Such debt do not emerge instantaneously but rather are a gradual result of “lending errors” by lending officers and subsequent improper administrative handling of the facilities ...
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