Debt Recovery Techniques In The Banking Sectors Issues, Problems And Prospects (a Case Study Of Union Bank Nig Plc)

ABSTRACT When some banks in the system are distressed, it is in the best interest of the non distressed one that an effective resolution of the distressed is carried out. This is because, the distress in one bank which leads to a loss of confidence in the effected bank can also affected confidence in the entire banking system, the corporation requires enormous amount of money which it does not have at the moment given the age and size of the insurance find. Bank customers expect their bankers to provide them with loan and advances to make up the short fall in their required find. The ability o…