ABSTRACT
The objective of this project work is to provide an insight on the method of credit control in commercial banks. The findings are based on the outcome of going through First Bank publications, newspaper and reports and other corresponding reports of the first Bank office. The study work is divided into five chapters as follows; chapter one, the background of the study was presented specifically on the role of commercial banks and the scope of the study. Chapter two discusses the loans and advances, chapter three contains methodology and research designs, chapter four talks about presentation and analysis of data, chapter five contains summary, conclusion and recommendation made on how to solve the problem of credit control commercial banks.
TABLE OF CONTENT
Title page i
Declaration ii
Approval page iii
Dedication iv
Acknowledgment v
Abstract vi
Table of content vii
CHAPTER ONE
1.1 Introduction 1
1.2 Brief historical background 4
1.3 Statement of the problem 5
1.4 Purpose of the objectives of the study 6
1.5 Scope and delimitation 7
1.6 Research questions 7
1.7 Definition of terms 8
CHAPTER TWO
2.1 Literature review 12
2.2 Loans and advances 12
2.3 Maturity pattern of bank loan and advances 16
2.4 Pattern of credit collateral securities 18
2.5 The need for credit control 20
2.6 Basic principles of lending 22
2.7 Credit risk management 24
CHAPTER THREE
3.0 Introduction 30
3.1 Research methodology 30
3.2 Methods of Data collection 32
3.3 Sources of data 34
3.4 Types of data 36
3.5 Summary and conclusion 37
CHAPTER FOUR
4.0 Introduction 38
4.1 Presentation of data 38
4.2 data of Analysis Methods of controlling credit in bank 42
4.3 Research findings 44
4.4 First bank credit repayment or recovering 50
4.5 Commencement of recovery process 53
CHAPTER FIVE
5.0 Summary conclusion and recommendation 55
5.1 Introduction 55
5.2 Limitation of the study 57
5.3 Recommendations 59
5.4 Summary of the study 62
Bibliography 63