- The Complete Research Material is averagely 50 pages long and it is in Ms Word Format, it has 1-5 Chapters.
- Major Attributes are Abstract, All Chapters, Figures, Appendix, References.
- Study Level: BTech, BSc, BEng, BA, HND, ND or NCE.
- Full Access Fee: ₦6,000
Get the complete project »
ABSTRACT
This project is designed to look the effect securities perfection and debt recovery in banking industry in Nigeria, to obtain the relevant result and data were collected through the use of questionnaire and interview in gathering valuable fact for the project. The first two chapters deal with the introduction, statement of problem and literature review while chapter three deal with research methodology and procedure. Then, chapter four deals with data analysis and interpretation of data collected. The last chapter give, summary, recommendation for effective securities perfection and debt recovery in banking industry in Nigeria.
CHAPTER ONE
1.0 INTRODUCTION
Bank plays important roles in the economic life of a country particularly a developing nation through the provision of banking services. As agent of development, they provide loans and advance including a variety of contingent facilities, which could either be short term or long terms. This explains why credit guidelines contained in governments monetary circulars stipulate aggregate causing on credit creation as well as the sectionals avocation which bank other financial institution must comply with during a fiscal year.
In recent time, banks have witnessed a phenomenal growth in term of loans in their portfolios and the need to finance industrial project in line with the nation’s rapid growth industrialization.
Some of the facilities generally provided by bank included: short term finance, medium term finance, long term finance building / mortgage wars advance against produce etc.
When banks are providing these kinds of facilities and some others, they are exposed to some risks. Lending has some other are exposed of some risks lending has become a vital function inn banking operations because of its direct effect on economic growth and business development.
Though a banker is expected too exercise consideration skill, use his experience techniques in analyzing credit proposal and assessing the risks, it has been established from experience that unforeseen situation sometimes affect the borrowers ability to pay and this has banks to insure themselves in case the unexpected happens by demanding some form security.
Securities and perfection are particularly relevant to our situation in this country. Bad debts simply means loans or facilities granted to a customer but cannot be recouped by the bank from the customer after all efforts it has been intensified.
1.1STATEMENT OF THE STUDY
In the years past it has been observed that undocumented unperfected loans accounted mainly for the couapsed near couapse of many bank both in Nigeria and abroad (First –bank of Nigeria Bi journal Vo1. 6 1998 December)
1.2 OBJECTIVE OF THE STUDY
The objectives of this study banks plays important role in the economic life of a country particularly a developing nation through the provision of banking services. As agent of development, they provide loans and advance including a variety of contingent facilities, which could either over be short term or long term.
1.3 RESEARCH QUESTION
The research questions of this study were borne out of the huge debts which come about as a result at bank liability to realize the security pledged due to poor credit documentation and perfection. The questions therefore are:
i. What are the affects of poor credit documentation on bank credits?
ii. What are the types of acceptance securities and documentation procedure for the purpose of lending?
iii. What are the various types of method adopted for debt recovery?
iv. What should bank do when they notice any sign credit becoming doubtful?
1.4 STATEMENT OF HYPOTHESIS
The research hypothesis employed for verification is stated below:
HO There are a lot agitation on the significance of good securities to and bank lending prior to this write –up some bank customers complained that their bank deprived them from financial assistances in time of need for investment purpose due to their inability to procedure reasonable counteracts not minding their wing standing good record with them,
In the same vein bank also in them bitter experiences in loan reconciler argued their position even securities are taken for loan and advances.
1.5 DEFINITION OF TERMS
This section embraces a brief explanations on specific terms not of common usage that appeared in the body of the work such terms includes.
Credit this term used for an amount of money granted by bank calendar to a customer (Borrower) in form of loan and advance in order to finance capital.
Perfection: - This is the process of investigating the trade owner of a security, its documentation and obtaining the governors consent (incase of legal mortgage)
Documentation: - This is the term used in obtaining security in the legal form and the process of recording, perfecting and security.
Security: - In the legal from and the process of recording, perfecting and security.
Security; this term denotes property pledge by a borrower as a means of guarantee for the credit grantee e.g lends shares e.t.c
Default: - This term sued when a borrower fails to fulfill his obligation or when he fails to repay the amount granted to him as credit.
Debenture; it denote an instrument issued by a company or individual acknowledging the indebtedness at a stated time with interest there of.
Stamping: - This term is used as an evidentiary created on the mortgage created. The mortgage created should be stamped within 30 days of the execution.
Registration: - It can notes that document created must be required incompliance with either case law or statute and is done at corporate affairs commission within 90 days.
Insured: - This terms is used by insurance company which loans, “Risk Against loses”.
Ubcirmaefidel: - This is an insurance term, which explain that every information required must be given is utmost good truth.
You either get what you want or your money back. T&C Apply
You can find more project topics easily, just search
-
SIMILAR BANKING FINANCE FINAL YEAR PROJECT RESEARCH TOPICS
-
1. IMPACT OF AUTOMATED TELLER MACHINE ON BANK CUSTOMER’S SATISFACTION IN UBA KADUNA MAIN BRANCH
» CHAPTER ONE INTRODUCTION 1.1 Background of the Study Automated Teller Machines (ATM) are devices used by bank customers to process account transaction...Continue Reading »Item Type & Format: Project Material - Ms Word | 90 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
2. GLOBAL ECONOMIC CRISIS AND CREDIT RISK MANAGEMENT IN NIGERIAN DEPOSIT MONEY BANKS
» ABSTRACT This research titled “Global Economic Crisis and Credit Risk Management in Nigerian Deposit Money Banks: A Case Study of First Bank Nig...Continue Reading »Item Type & Format: Project Material - Ms Word | 94 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
3. THE IMPLICATION OF RECAPITALIZATION POLICY ON THE PERFORMANCE OF UNITED BANK FOR AFRICA
» CHAPTER ONE INTRODUCTION 1.0 Background of the Study The Nigerian banking industry has witnessed tremendous changes and expansion since the mid 1980s....Continue Reading »Item Type & Format: Project Material - Ms Word | 75 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
4. THE ROLE AND IMPORTANCE OF CENTRAL BANK OF NIGERIA IN THE PREVENTION OF BANK FAILURE IN NIGERIA
» CHAPTER ONE INTRODUCTION 1. BACKGROUND OF THE STUDY The history of bank failure in Nigeria can be traced back to the early thirty’s when the ind...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
5. PERCEPTION OF BANK CUSTOMERS ON CBN'S CASHLESS POLICY IN NIGERIA
» Abstract The study was carried out on perception of bank customers on CBN's cashless policy in Nigeria. The Central Bank of Nigeria (CBN) has been act...Continue Reading »Item Type & Format: Project Material - Ms Word | 65 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
6. LOAN GRANTING AND ITS RECOVERY PROBLEMS ON COMMERCIAL BANKS (A CASE STUDY OF FIRST BANK PLC, OJO-ALABA BRANCH)
» CHAPTER ONE 1.1 BACKGROUND OF THE STUDY: Virtually, every business has a credit relationship with a financial institution, especially banks. Some rely...Continue Reading »Item Type & Format: Project Material - Ms Word | 59 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
7. THE IMPACT OF RISING INTEREST RATE ON MANUFACTURING SECTOR OF THE NIGERIAN ECONOMY (A CASE STUDY OF SUNGLASS NIGERIA LIMITED, KADUNA)
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The Central Bank of Nigeriais responsible for implementing monetary policy, regulating and superv...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
8. Curbing examination malpractice through public service adverts
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND STUDY The workplace of the 21st century is a fast paced, dynamic, highly stimulating environment which brings ...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
9. The impact of corporate social responsibility on bank performance on the Commercial Bank in Nigeria
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The Banking System is very important for any nation because it is the pivot of socio economic dev...Continue Reading »Item Type & Format: Project Material - Ms Word | 76 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
10. COMPETITIVE STRATEGIES AND CHANGES IN BANKING INDUSTRY IN NIGERIA
» CHAPTER ONE INTRODUCTION 1. BACKGROUND OF THE STUDY The name Bank is derived from the Italian word banco “desk/bench” used during the Rena...Continue Reading »Item Type & Format: Project Material - Ms Word | 95 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT