A Critical Assessment of Credit Management in the Nigerian Banking Sector

Abstract

The extension of credits to customers could enhance the profitability of Banks. The credits extended may also be fatal where they are not properly managed. Obviating this avoidable calamity is now imperative. The goal of enhancing the health of credits now require good thinking beyond were routine. An understanding of the business of customers should now be the business of banks as their value chain is embedded in customers’ value chain. In this study, the core resources and core competences required for securing the health of credits with a view to attaining net competitive advantage by banks attracted attention.

Keywords: Banks, Loans and advances, Management of Credits, Provisions against doubtful debt, Competitive Strength, Net competitive advantage and Net competitive disadvantage.