Frail credit risk management practices have dragged financial intermediaries into financial crisis or bankruptcy if not well managed. The study seeks to appraise the intent to which Nigerian banks have meritoriously managed credit risk after the 2005 bank recapitalization exercise. It also seeks to establish other factors on why some banks to fail the 2009 stress test conducted by Central Bank of Nigeria. The study found that the failure to effectively manage credit risk as a result of increase capital inflow into the banking system and excessive lending contributed immensely to the 2009 banking crisis. The research also identified lax credit risk management practices as a major factor that caused the crisis. Furthermore, banks to develop and implement their credit I scoring models for assessing, monitoring and reviewing of credit portfolios and other credit granted.
| Identifer | oai:union.ndltd.org:bl.uk/oai:ethos.bl.uk:549719 |
| Date | January 2011 |
| Creators | Eguaoritseyemi, Okirika Temeoweikuro |
| Publisher | University of Buckingham |
| Source Sets | Ethos UK |
| Detected Language | English |
| Type | Electronic Thesis or Dissertation |
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