An Appraisal Of The Loan Evaluation Criteria And Control Technique In Zenith Bank

ABSTRACT

The role of banks as financial intermediary is crucial to the growth of any society. Primarily, bank supply, such financial services as provision of savings and time deposits, call deposits, working capital and terms loans, tender and performance bonds documentary collections, fund transfer, foreign exchange transaction, equipment leasing and business advisory services.

To the individual and corporate business community, bank loans are a prime source of funds for investment and consumption needs. To the government such loans are important because they serves to accelerate develo…