The impact of lending policy upon recovery rate the case study of CRDB bank - Dar es Salaam
| dc.contributor.author | Albert, Mushumba | |
| dc.date.accessioned | 2020-07-14T08:26:02Z | |
| dc.date.available | 2020-07-14T08:26:02Z | |
| dc.date.issued | 2007-02 | |
| dc.description | A dissertation submitted in partial fulfillment of the requirements for the award of bachelor’s degree in micro-finance management (bmf) Kampala international university | en_US |
| dc.description.abstract | This study was done in order to analyze the impact of lending policy of CRDB Bank upon recovery rate and consequently to give recommendations wherever possible for the sake of making loan recovery rate performance more competitive and profitable in the future and current market. The main problem in this study is the impact of loan recovery process and procedures as guided by the lending policy of the bank which to large extent hinder the process. In carrying out this study, data collection techniques such as; observation, personal interview, structured questionnaire and documentary review have been employed. Security pledged such as landed property was found to be not realistic to recover the loan issue to consider was; ► Higher lending interest rates hinder rate of recovery ► New Land Act 1999 lengthen recovery process as not supportive to the bank ► Poor securities pledged depreciate in value such as chattel mortgage. From the research findings, a recommendation has been made that the policy should be reviewed thus makes the following changes to improve recovery rate and motivate customers towards loan repayment:- ► Encourage other forms of securities apart from landed properties ► Discourage acceptance of residential houses as securities ► Lending rates to be at concessionary rate. Lowering lending rates to match with saving rates so as to encourage borrowing and loan recovery process. ► The bureaucracy in the legal system which slows down the settlement of commercial disputes especially foreclosure of mortgages should be improved to accelerate rate of recovery. | en_US |
| dc.identifier.uri | http://hdl.handle.net/20.500.12306/7948 | |
| dc.language.iso | en | en_US |
| dc.publisher | Kampala international international: College of Economics and Management | en_US |
| dc.subject | Macro finance management | en_US |
| dc.subject | Lending policy | en_US |
| dc.subject | Recovery rate | en_US |
| dc.subject | CRDB bank | en_US |
| dc.title | The impact of lending policy upon recovery rate the case study of CRDB bank - Dar es Salaam | en_US |
| dc.type | Other | en_US |