CREDIT MANAGEMENT IN NIGERIA COMMUNICIAL BANKS. (A CASE STUDY OF FIRST AND UNION BANKS OF NIGERIA PHE, ENUGU).

INTRODUCTION
1.9BACKGROUND OF STUDY The banking industry has been known for its intermediary role in providing financial assistance (credit) needed in the economy. this role of financial intermediation is carried out in so many ways. First to be mentioned is the granting of loans and advances to customers which constitutes the major part of banking lending. Apart from loans and advances, other forms of bank credits like bond issued banks for and on behalf of their customers. In providing credits or for business venture, banks should as a matter at important take all necessary steps to ensure that advances are granted to those customers who can and will make judicious use at loans so that repayment will not become a problem. Therefore credit must be made to people who are capable for utilizing it well and repaying back the loan at its maturity data. Affairs at banks can be explained by reference to the fact that “loan and advances are the large single item in the asset structure of Nigeria commercial banks; it also constitutes the major source at the operating income at banks and also the most profitable asses for the employment of bank funds. According to Olashore, “credit (Loan and advances) are important to the bank balance, they account for a large proportion at banks income; such operating income produced from sound investment and effective management of such funds in credits enables the bank to: (i)Pay depositors interest (ii)Pay investors dividend (iii)Pay government tax (iv)Have further investment and  (v)Maintain adequate reserves. The actual work in connection with the management and conversion of such funds into various types of credit facilities in an operating function is performed by the credit department of commercial bank instruct compliance by the “Board of Director” at the bank, lie annual credit policy guidelines and prudential guideline (1990) of the Central Bank of Nigeria (CBN) and other monetary and fiscal policy issued by the government of Nigeria. The credit department is usually headed by a loan officer manager who has acquired a high skill experience and personal judgement criteria in credit administration.  Medium - term loans and long-term loan including overdraft facilities.
TABLE OF CONTENTTitle pageiiApproval pageiiiDedicationivAcknowledgementvProposalviTable of contentviii
Chapter oneIntroduction11.1Background of study11.2Statement of the problem31.3Purpose/objective of the study61.4Research questions61.5Research hypothesis61.6Significance of the study71.7Scope, limitations and delimitations81.8Definitions of terms9Reference11
Chapter TwoReview of related literature122.1Definition of bank credit122.2Reference27
Chapter ThreeResearch design and methodology283.1research design 283.2area of study283.3Population293.4sample and sampling techniques293.5instruments of data collection303.6method of data presentation313.7methods of data analysis32Reference34
Chapter fourData presentation and analysis354.1data analysis and test of hypothesis 39Reference 44
Chapter five Findings, recommendation and conclusion 5.1Findings455.2Recommendation465.3Conclusion47Bibliography48