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
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Creator |
Udoka, Chris O.
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Subject |
Bank lending, bad and doubtful loans, loanable fund, mismanagement, operational environment, financial needs
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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.
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Publisher |
Academy of Business & Scientific Research
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Date |
2014-07-02
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://absronline.org/journals/index.php/eajef/article/view/224
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Source |
Euro-Asian Journal of Economics and Finance; Vol 2 No 3 (2014): July; 176-184
2310-4929 2310-0184 |
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Language |
eng
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Relation |
http://absronline.org/journals/index.php/eajef/article/view/224/245
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Rights |
Copyright (c) 2014 Euro-Asian Journal of Economics and Finance
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