Factors to be considered by banks before granting credits to customers are:
(i) The type of account the customer operates
(ii) The amount involved.
(iii) The past financial dealings of the customer with the bank
(iv) The purpose for which the loan will be used
(v) The collateral security offered
(vi) The period of repayment
(vii) The customers referee
(viii) The earning power of the borrower
(ix) The source of repayment
(x) The present government policy on banks’ lending
Veterinary medicine is the branch of medicine that deals with the prevention, diagnosis, and treatment…
Anthropology is the scientific study of human beings and their cultures. It encompasses a wide…
Sociology is the scientific study of human society, culture, and behavior. It examines the social…
Social Work is a profession dedicated to helping individuals, families, and communities to cope with…
Religious studies is an academic discipline that explores the beliefs, practices, and history of various…
Public administration is the field of study and practice that focuses on the organization and…