The credit management and the sustainability of financial institutions in south Sudan:
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Date
2012-11
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Kampala International University, College of Economics and Management
Abstract
The research on "the credit management and the sustainability of financial institutions was
conducted in Nile Commercial Bank-Juba Branch, South Sudan. The research involved
respondents, 33 accountants, 26 auditors, 14 staff board members, and 27 from bank
debtors. The research was guided by research objectives which included; finding out how
financial institutions manage Credit in South Sudan, finding out the challenges of credit
management in financial institutions in South Sudan, and establishing the causes of poor
credit management by Financial Institutions.
On finding out how financial institutions manage credit in South Sudan, the study revealed
that; determination of payment period, decision on form of contract, assessment of credit
worthiness, and contacting credit reference bureau. On the challenges of credit
management in financial institutions in South Sudan fraud, lack of credit management
software, poor record keeping, and poor coordination with other banks
On the causes of poor credit management by Financial Institutions Lack of knowledge,
over dependency on borrowers, poor monitoring techniques, involvement in risky pmtfolio
concentration. Conclusions and recommendations were then made after the summary of the
study.
The researcher concluded that many financial institutions have a lots needs to have sound
credit management so as to effectively achieve sustainability.
It was recommended that lending limits should be established to avoid undue concentration
of credits. Also was recommended that the management of financial institutions should
ensure that the credit and debt management / collection staff work as a team, excellent
liaison and conununication skills especially when identifying business and how to
minimize bad debts.
Description
A dissertation submitted to the College of Economics and Management sciences in partial fulfillment of the requirements for the Award of a Bachelor's Degree in business administration of Kampala International University
Keywords
Credit management, Sustainability, Fnancial institutions i, South Sudan