Causes And Implication Of Bad Debt In Nigeria Commercial Banks

1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDY Bad debt can be define as those credit facilities that banks grant to its customers, but for some inherent weaknesses, the full or part thereof can not be recovered due to creditors (banks), but full recovery of such debt is considered impossible.  Bad debt can also be looked at as credit granted to the customers of the bank with very slim chance of recovering it. The reason why this topic is of interest is that most of our banks are in the state of financial distress which is as a result of high degree of “problem loans” or simply ba…