Securities: The Usage to a Lending Banker

Akinyemi Balogun, Mamidu A. Ishola

Abstract


This paper researched into why provision of collateral security by a bank customer is not a 100% guarantee that facilities sought for. The prerequisite for granting facilities includes: good character-integrity, strong financial capacity, repayment proposal, the purpose of the loan, the ratio/proportion of the loan/facilities sought-for to that of the security offered. The lending banker should also consider relevant accounting ratios. The real security is the integrity of the borrower; lending proposition must be favorable so that the question of security becomes secondary.


Keywords


Bank customer; Securities; Lending banker and facilities

Full Text:

PDF

References


Adekanye, F. (1986). Practice of banking (Vol.1, p.15). London Collins Ltd.

Adekanye, F. (1986). Element of banking in Nigeria (3rd ed.) (p.299). Lagos: F & A Publishers.

Adekanye, F. (1986). Practice of banking (Vol.1, p.11). Collins Ltd.

Best, J. W., & Kahn, J. V. (1989). Research in education (6th ed.). New Delhi: Prentice- Hall India Private Ltd.

David, C. (1981). Success in element of banking (Revised ed.). Great Britain: John Murray Ltd.

David, C. (1991). Success element of banking. Published by: John Murray Ltd.

Ituwe, C.E. (1982). Elements of practical banking. Ibadan: University Press Ltd.

Layi & Afolabi. (1990). Law & practice of banking. Lagos: Top Golden Nig. Ltd.

Onanuga, A., & Tand Oshinloye M. O. B. (1999). Practice of banking. Centre for Sandwich Programmes Ogun State University.

Perry, F. E. (1979). The elements banking (2nd ed.). Great Britain: Chancer Press.




DOI: http://dx.doi.org/10.3968%2Fj.css.1923669720141001.5019

Refbacks

  • There are currently no refbacks.


Reminder

If you have already registered in Journal A and plan to submit article(s) to Journal B, please click the CATEGORIES, or JOURNALS A-Z on the right side of the "HOME".


We only use three mailboxes as follows to deal with issues about paper acceptance, payment and submission of electronic versions of our journals to databases: caooc@hotmail.com; css@cscanada.net; css@cscanada.org

Copyright © Canadian Academy of Oriental and Occidental Culture

Address: 730, 77e AV, Laval, Quebec, H7V 4A8, Canada

Telephone: 1-514-558 6138

Http://www.cscanada.net Http://www.cscanada.org

E-mail:css@cscanada.net, css@cscanada.org