CREDIT AND DEBT RECOVERY IN FINANCIAL INSTITUTIONS.
(A CASE STUDY OF U.I.D.C PLC, WARRI DELTA STATE)
Click here to download our android mobile app to your phone for more materials and others
COMPLETE PROJECT MATERIAL COST 2500 NAIRA OR $10 , WITH THE SOFTWARE 30,000 NAIRA
. A FRESH TOPIC NOT LISTED ON OUR WEBSITE COST 50,000 NAIRA ( UNDERGRADUATE) OR 100,000 FOR SECOND DEGREE STUDENTS. $500. PLUS FREE SUPPORT UNTIL YOU FINISH YOUR PROJECT WORK. CONTACT US TODAY, WE MAKE A DIFFERENT. DESIGN AND WRITING IS OUR SKILLED. DESIGN AND WRITING IS OUR SKILLED.
Note: our case study can be change to suit your desire location . we are here for your success.
ORDER NOW
Account Name : Chi E-Concept Int’l
ACCOUNT NUMBER: 0115939447
Account Name: Chi E-Concept Int’l
Account Name: 3059320631
Foreign Transaction For Dollars Payment :
Bank Name: GTBank
Branch Location: Enugu State,Nigeria.
Account Name: Chi E-Concept Int’l
Account Number: 0117780667.
Swift Code: GTBINGLA
Dollar conversion rate for Naira is 175 per dollar.
Note: We accept bank transfer, ATM cash transfer , Online payment using your ATM , Western union bank transfer. We will respond to you anytime of the day.
OR
PAY ONLINE USING YOUR ATM CARD. IT IS SECURED AND RELIABLE.
form>DELIVERY PERIOD FOR BANK PAYMENT IS LESS THAN 24 HOURS
CALL OKEKE CHIDI C ON : 08074466939,08063386834.
AFTER PAYMENT SEND YOUR PAYMENT DETAILS TO
08074466939 or 08063386834, YOUR PROJECT TITLE YOU WANT US TO SEND TO YOU, AMOUNT PAID, DEPOSITOR NAME, UR EMAIL ADDRESS,PAYMENT DATE. YOU WILL RECEIVE YOUR MATERIAL IN LESS THAN 2 HOURS ONCE WILL CONFIRM YOUR PAYMENT.
WE HAVE SECURITY IN OUR BUSINESS.
MONEY BACK GUARANTEE
ABSTRACT
The purpose of this study is to evaluate the impact of Credit and Debt recovery Department in financial institution. It is also meant to assist the investment Company to identify some of its problems with a view to proffer a solution.
Chapter two of this project reviewed some of the literatures that have been written about credit, debt recovery and its impact on organization, particularly an investment as all their transaction involves cash and credit facilities.
In Chapter three, emphasis is placed on the various techniques adopted by the researcher for data collection as well as describing the population used in the research work. Both primary and secondary data collection methods, such as questionnaire and documentary evidence were applied for the purpose of extracting relevant information from staff of the company. Unlike the above chapter which concentrates on the techniques used for data collection.
Chapter four, however, is based on the presentation and analysis of the information collected, i.e. analyzing the various responses from the management staff and beneficiaries of such loan. The Chapter also went further to test the hypothesis with a view to confirming or rejecting the assertion made that credit and debt recovery department plays a vital role towards achieving the objectives of financial institutions.
And finally, in Chapter five, efforts have been made to summarize all that was said in the previous chapters. Conclusion, Suggestion, and Recommendation were also made to the Management so as to enable them improve operational capacity related to credit and debt recovery
CHAPTER ONE
1.0 Introduction
- Historical Background of U.I.D.C Plc
- Statement of General Problem
- Research Questions
- Research Hypothesis
- Objectives of the Study
- Significance of the Study
- Scope of the Study
- Limitation of the Study
- Definition of terms.
CHAPTER TWO
LITERATURE REVIEW
2.0 Introduction
2.1 Review of the related literature
CHAPTER THREE
RESEARCH METHODOLOGY
3.0 Introduction
3.1 Instrument used
3.2 Research population and sample size
3.3 Sampling procedures
3.4 Validity and reliability
3.5 Statistical techniques used
CHAPTER FOUR
PRESENTATION AND ANALYSIS OF DATA
4.0 Introduction
4.1 Presentation and analysis of data
4.2 Test of hypothesis
CHAPTER FIVE
SUMMARY, CONCLUSION AND RECOMMENDATION
5.0 Introduction
5.1 Summary
5.2 Conclusion
5.3 Recommendation
Bibliography
Appendices
CHAPTER ONE.
1.0 INTRODUCTION
A major function of the banking system is the transfer of funds from the surplus units to deficit units of the economy. This is achieved through deposit mobilization and onward lending to customers by ways of loans and advances.
Most investment companies in Nigeria today cannot equivocally declare that they have been untouched by problem of loans certainty; it is a way of life in these tumultuous times of investing that virtually all investors are faced with problem loans.
Whatever form of lending is adopted by investment company in any given situation depends on the purpose of the borrower and the circumstances of the transaction. The important thing to understand is that regardless of the form investment lending takes, a debt is inevitably created between the Investment Company and customers.
The investment company becomes the creditor and customer, the debtor. Review of loan facilities span served stages from the request stage to the repayment and when the facilities get bad.
In this research work, the aim is to outlines the prerequisite for loan, warning signals, management of problem loan as well as debt recovery strategies with the impact of the credit and debt recovery department towards recovering of such debt.
It appears that the review of a debt recovery structures should be related to review of analytical tools of credit facility towards its restructuring, preparing a workable game plan or pay out plan. In this project, the subsequent chapters will look at prevention of problem debts and various strategies for recovering credit facilities.
1.1 HISTORICAL BACKGROUND OF U.I.D.C PLC
The Universal Investment and Development Company Plc is a Development, Finance / Management Consultancy institution.
The Company was incorporated by the then mid-western state government in 1971 under the name, Nigeria Economic Welfare Services (NEWS) Limited as a purely consultancy outfit. In 1987, the Company was re-organized into its present status as a Development Finance/ Management Consultancy institution, under the name Universal Investment & Development Company Plc. Its scope of activities was similarly enlarged to reflect its enhanced status.
In February 2000, by an agreement between the government of Edo and Delta states, the Company was ceded to Delta State Government, thus becoming a wholly owned Delta State Government Company.
U.I.D.C Plc is an investment development and finance company, undertakes investment activities and participates in the capital and money markets in order to take full advantage of opportunities present by the markets for the enhancement of the company’s wealth creative capabilities.
Its development activities involve mobilizing funds internal and external sources which could be used in providing medium and long term finance in the form of loans and equity for small and medium scale industrial projects and for short- term facilities in Delta State in particular and Nigeria in general.
This also involves the rendering of consultancy services. As a finance company , it is involved in the provision of short- term finance services.
1.2 STATEMENT OF GENERAL PROBLEM
It is paramount to state as clearly as possible some of the prevailing problem of loan and debt recovery, how it has impeded the smooth operations of financial institutions and thereby hindering the banking sector chances of achieving its objectives.