Record Details

Sound Bank Lending Imperative as a Panacea for Bad and Doubtful Loans in Nigeria

Euro-Asian Journal of Economics and Finance

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Title Sound Bank Lending Imperative as a Panacea for Bad and Doubtful Loans in Nigeria
 
Creator Udoka, Chris O.
 
Subject Bank lending, bad and doubtful loans, loanable fund, mismanagement, operational environment, financial needs
 
Description This study attempted to establish the relationship between bank lending and economic growth in Nigeria. Using time series for 1980-2005 data and the method of ordinary least square, it was found that bank lending is positively related to economic growth. Equally, lending rate was found to be positively related to economic growth. The study recommended that lending officers should prioritize monitoring and assessment of laws in order to dictate non-performing loans and to find ways of recovering them rather than allowing them to become bad.
 
Publisher Academy of Business & Scientific Research
 
Date 2014-07-02
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://absronline.org/journals/index.php/eajef/article/view/224
 
Source Euro-Asian Journal of Economics and Finance; Vol 2 No 3 (2014): July; 176-184
2310-4929
2310-0184
 
Language eng
 
Relation http://absronline.org/journals/index.php/eajef/article/view/224/245
 
Rights Copyright (c) 2014 Euro-Asian Journal of Economics and Finance