Debt Recovery Techniques In The Banking Sector, Problems And Prospect. (a Case Study Of Union Bank Nigeria Plc).

ABSTRACTWhen banks face distressed, it is in the best interest of the non-distressed ones that have an effective resolution of them to carry out investigation. This is because the distress in one Bank can lead to a loss of confidence in the effected bank.It can also affect lack of confidence in the entire banking system, the corporation requires enormous amount of money which the insurance fund through debt recovery techniques and problem away out the prospect in the banking system.Bank customers expect their banker to provide them with loan and advance to make up for their fund; also the abil…