Improving The Management Of Loanable Funds In Commercial Banks In Nigeria
Abstract
This study centered on perfecting the operation of loanable finances in marketable banks. The study was relative in nature, using Trade Bank of Nigeria( TBN) and Inland Bank of Nigeria( IBN).
These two banks were chosen because of their availability, high rate of rallying of deposits and loan defaulting.
The major instrument used for data collection included oral interviews, bank records of diurnal operations, periodic report and statement of accounts. Four thesis were formulated in line with the statement of the problems. The data attained was organized and anatomized with the use of chi square test for virtuousness of fit, measure of correlation, chance of loan map and element bar map were also used independently where necessary.
The study eventually revealed if the prevalence of loan dereliction was continuously on the increase/ drop and if similar increase/ drop was more in government possessed banks or in intimately possessed banks. It also saw if similar increase/ drop was advanced/ lower in relation to deposit rallying.
In order to find result to the problem, it was suggested that banks should cleave rigorously to the principles of good lending, ameliorate on security valuation, insure that men of high integrity are employed at the credit department and emphasize on prudent supervision and control of loan accounts. Other suggestions were purely concentrated on premonitory and credit worthiness for effectiveness and proper operation.
Leave a Comment