MONEY BANKS IN NIGERIA
(A CASE STUDY OF UNION BANK PLC 2006-2015)
TABLE OF CONTENTS
PAGE
Title Page – – – – – – – – – i
Certification – – – – – – – – ii
Dedication – – – – – – – – – iii
Acknowledgements – – – – – – – iv-v
Table of Contents – – – – – – – vi-viii
List of Tables – – – – – – – – ix
Abstract – – – – – – – – – x
CHAPTER ONE
INTRODUCTION
- Background of the Study – – – – – 1-6
- Statement of the Problem – – – – – 7-8
- Objectives of the Study – – – – – 8-9
- Research Question – – – – – – 9-10
- Significance of the Study – – – – – 10-11
- Scope and Limitations of the Study – – – 11-12
- Organization of the Study – – – – – 12-13
- Definition of Terms – – – – – – 13-15
CHAPTER TWO
REVIEW OF RELATED LITERATURE
2.1   The Concept of Credit        –      –      –      –      –      16-19
2.2 The Commons of Credit – – – – – 19-21
2.3 Classes of Credit – – – – – – – 21-24
2.4 Credit Facilities of Deposit Money Banks – – – 24-26
2.5 Methods of Credit Control by Central Bank of Nigeria 26-30
2.6Â Â Â Causes of Non-Performing Loans in Deposit Money
in Nigeria – – – – – – – – 30-32
2.7 Credit Assessment Ratios (Financial Ratios) – – 33-35
2.8 Lending and Borrowing Analysis in Deposit Money
Bank (Union Bank Plc.) – – – – – 35-39
2.8.1 Lending Control – – – – – – – 40
2.9 Performing and Non-Performing Loan Facilities – – 41
2.9.1 The Non-Performing Loan Facility – – – – 41-44
End Notes
CHAPTER THREE
RESEARCH METHODOLOGY
3.1 Introduction – – – – – – – 46
3.1.1 Re-Statement of Research Questions – – – 46-47
3.2 Design of the Study – – – – – – 47
3.3 Area of Study – – – – – – – 47
3.4 Population of the Study – – – – – 47
3.5 Sample and Sampling Technique – – – – 48
3.6 Instrument/Method for Data Collection – – – 48
3.7 Data Analysis Technique – – – – – 48
CHAPTER FOUR: DATA PRESENTATION AND ANALYSIS
4.1 Introduction – – – – – – – 49
4.2 Data Presentation and Interpretation – – – 49-55
CHAPTER FIVE
FINDINGS, CONCLUSION AND RECOMMENDATIONS
5.1 Introduction – – – – – – – 56
5.2 Findings – – – – – – – – 56-57
5.3 Conclusion – – – – – – – – 57-58
5.4 Recommendations – – – – – – 58
References
Appendix
ABSTRACT
This research work was undertaken to assess the credit control in deposit money banks (Union bank of Nigeria plc). This work was intended to achieve the following objectives; to determine and appraise the lending procedure of banks with the view of highlighting the effectiveness and adequacy of credit control policy of Nigerian deposit money banks in reducing the occurrence and consequences of non-performing loans; to determine whether loan/fund diversion have any effect on non-performing and also ascertain the effect of the prudential guidelines in deposit money banks specifically Union bank plc; to highlight the extent to which improper project evaluation influence non-performing in Union bank plc. Relevant data were collected from both primary and secondary sources. Questionnaire was the main primary data collected instrument employed while data from various relevant publications constitute the sources of secondary data. Upon the analysis of data, the following conclusions were drawn; that inadequate collateral security provided by borrowers causes non-performing loans and also that improper project evaluation leads to incidence of loan diversion. It was recommended that deposit money banks(union bank plc) should based their lending decision less on quantitative data but more on principles too subjective to provide sound and unbiased judgment.
