The effect of credit risk management on loan portfolio of Akim Bosome Rural Bank Limited.
| dc.contributor.author | TEITEY, AMOS | |
| dc.date.accessioned | 2025-04-02T11:12:09Z | |
| dc.date.available | 2025-04-02T11:12:09Z | |
| dc.date.issued | 2016-07 | |
| dc.description | A Thesis Submitted To The Department Of Accounting And Finance In Partial Fulfillment Of The Requirement For The Degree Of Master Of Science In Finance And Investment. | |
| dc.description.abstract | Providing of credit facilities is one of the core businesses of Rural Banks and Akim Bosome Rural Bank Limited is no exception. The credit management function aids the efficient management and administration of rural bank loan portfolio in order to ensure reasonable distribution of funds and to encourage liquidity planning. A number of researchers have tried to answer the benefits of credit management; however it has remained uncertain for rural banks management on the effects of credit risk management on the loans portfolio quality. The main purpose of the research is to find out the effect of credit risk management on loan portfolio of the Akim Bosome Rural Bank. Descriptive research design was used and purposive method of sampling was also used to select the study units. The study used both primary and secondary data; primary data was gathered through questionnaires and secondary data from Akim Bosome Rural Bank reports. Data gathered was analyzed using descriptive statistics. The outcomes indicate that Akim Bosome Rural Bank has a clear written credit risk management policy in place with the board of directors having oversight responsibility for its execution. Also in the quest of Akim Bosome Rural Bank in reducing the non-performing loans of their total loan portfolio, the bank have skewed their loan granting from the Agriculture sector which was one of the main reasons for the establishment of rural banks to salary loans and transport loans because of the risk factor. The study recommends that Akim Bosome Rural bank should work in partnership with credit reference bureau in the country to comprehensively investigate the past credit worthiness records of all loan applicants so as to reduce the high level of default. Also they should consider the establishment of loan recovery department to reduce the loan losses incurred by the bank. | |
| dc.description.sponsorship | KNUST | |
| dc.identifier.uri | https://ir.knust.edu.gh/handle/123456789/16484 | |
| dc.language.iso | en | |
| dc.publisher | KNUST | |
| dc.title | The effect of credit risk management on loan portfolio of Akim Bosome Rural Bank Limited. | |
| dc.type | Thesis |