This work is to carry out research on debt recovery techniques in the banking sector issues, problems and prospects (a case study of Union Bank of Nigeria Plc).
This research will enhance to find out how non-distressed bank brings effective resolution to a distressed bank because of the effective means of recovery the debts. And if there is any loss in one bank it leads to a loss of confidence in the entire banking system. This research will state the aim at finding solution to the â€œdebtâ€ and general causes of financial distress in banking sector, and looking into to finding last solution. This research work will find out whether banks take loan policy into consideration when granting loans to customers. It will determine the causes of loan delinquency by banks. It will also analyze the effects of loan requirement and to make recommendations for improvement of debt recovery in the banks sector. It will to determine the problems associate or difficulty in loan recovery.
When some banks in the system are distressed, it is in the best interest of the non-distressed ones that an effective resolution of the distressed in carrying out investigation. This is because, the distress in one bank can lead to a loss of confidence in the effected bank. It can also affect lack of confidence in the entire banking system, the corporation requires enormous amount of money which it does not have at the moment given the age and size of the insurance fund.
Bank customers expect their bankers to provide them with loan and advance to make-up and short fall in their required fund, ability of the bank to maintain profitable depends largely on the extent to which the credit policy and debts recovery techniques is maintained.
Credit control department is never the center of banks and as such, they are charged with responsibility of making proper use of the shareholders fund for the benefit of the public at large.
The Union Bank of Nigeria Plc has been for this work. The study is carried out to examine the debt recovery techniques employed by Union Bank of Nigeria Plc, towards the effective running of deemed appropriate. The case study method was adopted in carrying out the work and data were collected from secondary and primary source.
Secondary sources information include the use of existing literature coupled with use of some journals and other unpublicized manuals that were seen to be useful to this work.
TABLE OF CONTENTS
Table of content
1.1Background of the study
1.2Statement of the problem
1.3Objectives of the study
1.4Formulation of the hypothesis
1.5Significant of the study
1.6Scope and limitation of the study
1.7Definition of terms
2.1.Capital Inadequacies Definition of terms
2.2.Fraud And Gorgeries
2.3.Lack Of Adequate Supervision
2.6.Credit Information Policy
2.7.Ownership Structure/Political Interference In The Banks Management
2.8.The Role Of The Regulatory
2.10.The Establishment Of A Credit
2.12.He Role Of The Judiciary And The Law Enforcement Agencies
2.13.The Role Of Press
2.15.Failed Bank (Recovery Of Debts)
2.16.Enhancing The Supervisory
3.2Sources of data
3.3Population Sample Size
3.4Instrument Of Data Collection
3.5Data Collection Methods
3.6Method Of Data Presentation
3.7Method Of Data Analysis
4.0Data presentation and analysis
4.1Research questionnaires analysis
4.2Using Pie Chart To Represent The
Summary Of Debt Recovered In 1995
5.0Summary of findings, conclusion
5.1Summary of findings
Appendix - Questionaire