Effect Of Credit Management In Banks Profitability And Growth In Nigeria Economy (a Case Study Of Central Bank Of Nigeria Ilorin Branch)

CHAPTER ONE 1.0          INTRODUCTION Bank lending evolved from the beginning when the goldsmith discovered that only small proportion of the money kept with him to save was in fact required by the depositor at any point in time and that he could safely lend the rest to borrowers and charge interest thereon. Commercial Banks hinged their consistent existence in the profession on profit-making or profitability. Hence, it is chiefly regarded as aspect of a financial operation system with a very high-risk business. In definition, commercial banks are seen as financial institutions set up by an …