Bad Debt Management In The Nigeria Banking Industry

1.1 STATEMENT OF PROBLEMS AND PURPOSE OF THE STUDY A commercial bank can be defined operationally as a financial institution which deal in the commerce of money and credit, holding itself out of receive form public deposited repayable on demand, will face the risk of future. i.e. it goes on accumulating irrecoverable debts. However, their most vital function and which has a great impact on the economy as a whole is credit management. And according to ADEKANA, “the primary function of commercial banks is the extension of credit to worthy borrowers. Therefore this research work concerns its…