DESIGN AND IMPLEMENTATION OF A COMPUTERIZED LOAN MANAGEMENT SYSTEM FOR REJECTING OR APPROVING LOAN REQUEST USING CREDIT RISK AND EVALUATION MODELS.
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style: APA
- Recommended for : Student Researchers
- NGN 5000
ABSTRACT
Over the past few years, the financial sector have dedicated numerous resources to developing internal models to better quantify their financial risks and attain economic capital. These endeavors have been supported and recognized by bank regulators. Over time, banks have extended these efforts into the field of giving out loans to qualified customers. The loans are given out based on certain conditions like collateral and other factors, these factors may include checking if the customer is loan worthy, or through customers’ salary structures. These strict conditions must be clearly met by the customer seeking loan offer from the bank or they won’t be qualified for the loan they are requesting for. In this research, a computerized loan management system for rejecting or approving loan request using credit risk and evaluation models is to be designed, to solve the enormous challenges financial institutions face in giving out loans. The concept of giving out loans by banks was well understood and the pros and cons were ascertained, this helped in building the system to meet credit risk and evaluation models. The computerized system will provide less risk for the banks when reviewing customers loan request, the system will ascertain if the customer is loan worthy or not automatically. The newly developed system is automated, effective, comprehensive, interactive, and gives the financial institution less credit risk.
Related Project Materials
Assessing the Role of FDI in Improving Market Competitiveness in Nigeria
Background of the Study
Market competitiveness is vital for ensuring sustainable economic development and long-term prosper...
The Impact of Digital Skills Training on Youth Employment in Jos South Local Government Area, Plateau State
Background of the Study
Youth unemployment remains a significant socio-economic challenge in Nigeria, w...
An investigation into students' attitudes towards mandatory physical education classes in Bauchi Local Government Area, Bauchi State
Background of the Study
In recent years, mandatory physical education (PE) classes have sparked considerable debate in edu...
An Evaluation of Nurse-Led Hypertension Screening Programs in Rural Communities in Ebonyi State
Background of the Study
Hypertension is a major public health concern, particularly in rural communit...
An examination of strategic partnerships in corporate banking: A case study of Citibank Nigeria, Lagos
Background of the Study
Strategic partnerships have become a cornerstone for enhancing competitive advantage in the corpora...
Optimization of IoT-Based Smart Poultry Farm Monitoring Systems in Jalingo LGA, Taraba State
Background of the study:
Poultry farming is a vital agricultural activity in Jalingo LGA; however, farmers often face chall...
Public Relations Strategies in Promoting Early Childhood Education: A Study of Bauchi South LGA, Bauchi State
Chapter One: Introduction
1.1 Background of the Study
Early childhood education (ECE) is widel...
An appraisal of digital transformation roadmaps on reducing operational inefficiencies in banking: a case study of Co-operative Bank of Nigeria
Background of the Study
Digital transformation in banking has become a central focus for institutions aiming to enhance op...
An evaluation of informal education in promoting hygiene practices among primary school students in Kankara Local Government Area, Katsina State
Background of the Study
Hygiene practices play a crucial role in safeguarding public health, particularly among primary sc...
An assessment of cybersecurity measures in investment banking: a case study of Keystone Bank
Background of the Study
Cybersecurity is critical for safeguarding sensitive financial information and ensuring the integri...
