ASSESSMENT OF LOAN ADVANCING PROCEDUES AND PRACTICES A CASE STUDY IN NIB INTERNATIONAL BANK IN CASE OF WOLKITE TOWN IN JOCA BERANCH

Abstract

This study was conducted on primary objective of assessing the loan advancing procedures and practices of nib international bank s.cwolkite in joka branch. The research is organized into five chapters such as introduction, review of related literature, research methodology, data presentation, analysis and discussion and summery of findings, conclusion and recommendation. So as to achieve the objectives of the study research adopt a descriptive type of research design. In this regard both primary and secondary data sources have been used. The primary data was collected through self-administered questionnaires (open ended and close ended) and unstructured personal interview. The secondary data was collected from different sources such as internet, banks manual, and other related books. The target population for the study was the bank employees, from this the researcher select a simple size of 10 loan officers of the bank and the manger by using judgmental sampling technique. The collected data’s are presented, analyzed and interpreted by using tables, frequencies and percentages. The finding revealed that the bank currently delivers all types of term loans for all types of business organizations, by investigating their financial statements for different purpose. However, the bank is not free from internal and external challenges such as underestimation of collaterals, lack of providing sufficient documents on the side of the borrowers and political instability are among them. Finally, from the conclusion gain by analysis, recommendation is forwarded to the bank so as to address and overcome the previous gaps and to have a good loan advancing procedure and practice based on suggested feedbacks