The Credit Policies and Credit Finance Creation Practices by Commercial Banks in Ghana: Perspectives of Staff and Clients of the Prudential Bank Limited

Mbroh, John Kwaning

doi:10.11648/j.ijefm.20150305.15

Cited by 3 publications

(1 citation statement)

References 11 publications

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“…In these authors' opinion, in accordance with the development trends of credit market, credit policy should allow to improve methods for assessing creditworthiness of borrowers in order to reduce credit risks. In particular, the authors propose to introduce gender analysis of borrowers as an innovative component in credit risk assessment [9].…”

Section: Introductionmentioning

confidence: 99%

Optimization imperatives for credit policy in PJSC Sberbank of Russia

Гварлиани¹,

Ksanaeva²,

Alikaeva³

et al. 2019

Proceedings of the Volgograd State University International Scientific Conference "Competitive, Sustainable and Safe Developmen

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This paper discusses the imperatives of optimizing credit policy of a commercial bank in the dynamically changing conditions of the Russian economy. Currently, there is a growing likelihood of credit risk due to the predominance of long-term lending, while the increase in reserves to cover losses is too expensive. Therefore, the issues of finding ways to optimize credit policy of a commercial bank are urgent. One of such methods in the face of uncertainty is credit risk monitoring and use of remote services. Despite numerous studies by domestic and foreign researchers on the problem of optimizing credit policy, the usage of monitoring in risk management process and remote services are not explored sufficiently. The main objective of this study is to examine the role of monitoring in credit risk management of modern banks activities and improvement of credit policy efficiency through remote banking services. The methods used for research of socioeconomic phenomena-abstract and logical, statistical, expert assessments, method of graphical interpretation, methods of absolute, relative and average values, graphical and tabular analysis, allowed the authors to ensure the validity of their estimates and conclusions.

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Section: Introductionmentioning

confidence: 99%

Optimization imperatives for credit policy in PJSC Sberbank of Russia

Гварлиани¹,

Ksanaeva²,

Alikaeva³

et al. 2019

Proceedings of the Volgograd State University International Scientific Conference "Competitive, Sustainable and Safe Developmen

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Financial Management Practices by Small and Micro Enterprise Owners in Ghana - Evidence from the Central Region

Mbroh¹

2015

IJEFM

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In Ghana, small and micro enterprise owners (SMEOs) face a lot of business management challenges and it is alleged that they suffer, mostly, in terms of their financial management practices. Using a purposive sampling technique in a self-administered data collection, this study attempts to highlight the specific financial management practices by the selected business owners. In all, 372 SMEOs responded and this was made up of the small enterprise segment (118) and the micro enterprises (254), selected from the twenty administrative district capitals in the Central Region of Ghana. The findings show how haphazard, perhaps carelessly, the business owners have financially managed their respective enterprises. Indeed, only 13% of the respondents actually understand the meaning of financial management, and regardless of the business segment differences, majority (36%) of the respondents had misconceived that maintaining proper financial records was all that financial management meant. Further worrying, is the fact that only 13% of overall respondents were specific that they did not understand the meaning of financial management, in addition to several intriguing revelations. The study recommends stakeholder collaborative efforts involving business schools in both polytechnics and universities with relevant agencies and NGOs in building the financial management skills and capacities of the business owners. On their own, the enterprise owners have been advised to urgently take steps to acquire these relevant skills since they need and benefit most. Future research recommendations include a study on the impact of financial management on these businesses.

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Credit Policy as a Tool of the Commercial Bank

Alikaeva¹,

Оборин²,

Oborin

et al. 2017

Services in Russia and Abroad

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Banking sector plays an important role in the economic sustainable development. In the context of the financial crisis and the introduction of new international standards, in accordance with the "Basel III" agreement, the requirements of Central Bank of the Russian Federation to it have increased. Credit policy is an important tool that reflects the efficiency of a commercial bank in the context of risk and credit optimization. It performs the following functions: setting goal and tasks, information support, etc. All this actualizes the issues of research and the forming an optimal credit policy. The article describes the model of formation and mechanism of implementing the credit policy, based on the delineation of structural elements, taking into account their functional purpose. The authors formulate the main system tasks to achieve this goal and develop the theoretical basis and methodology for the activities of the commercial banks in the field under study. The systematizing the theoretical foundations and the specific features of the formation of credit policy at the macro and micro levels according to the most important parameters, and substantiation of the organizational and methodological support for the implementation of lending processes are the main among these tasks. Scientific works of domestic and foreign scientists in the field of financial, credit, banking system is the ground of the research. Theoretical methods, such as synthesis, analysis, deduction and induction, as well as a logical, systemic approach, a comparison method have allowed researches to obtain the conclusions. Based on the patterns found in the study, the authors substantiate the close interconnection and interdependence of the elements participating in the process of forming the bank's policy in the area of lending considering their functional purpose. It is suggested to use the following elements in the for-mation of the structural model: conceptual, procedural, administrative and security elements. The features of the credit policy and proposals for its implementation, identified and formulated by the authors, allow increasing the efficiency of the commercial bank.

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The Credit Policies and Credit Finance Creation Practices by Commercial Banks in Ghana: Perspectives of Staff and Clients of the Prudential Bank Limited

Cited by 3 publications

References 11 publications

Optimization imperatives for credit policy in PJSC Sberbank of Russia

Optimization imperatives for credit policy in PJSC Sberbank of Russia

Financial Management Practices by Small and Micro Enterprise Owners in Ghana - Evidence from the Central Region

Credit Policy as a Tool of the Commercial Bank

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