Financial Statement Analysis and Bank Lending in Nigeria

Financial Statement Analysis and Bank Lending in Nigeria

Author by Dr. Abolade Akintola

Journal/Publisher: The International Journal Of Business & Management

Volume/Edition: 8

Language: English

Pages: 330 - 335

Abstract

The purpose of this paper is to examine impact of financial statement analysis on bank lending in Nigeria. It highlights
the importance of financial ratios as they affect lending decision taking into consideration principles of good lending by
bankers. The paper relied essentially on secondary data and employed descriptive analytical approach. The study found
out that credit analysis plays a crucial role in lending decision by bankers. In order to solve the problems of bad lending,
there is need for bank to ensure virile Credit Department to reduce incidence of non-performing facilities and to enhance
banks’ profitability.


Other Co-Authors