CREDIT RISK ASSESSMENT AND FINANCIAL PERFORMANCE OF COMMERCIAL BANKS IN UGANDA
| dc.contributor.author | MUGGALE SUUBI REBECCA | |
| dc.date.accessioned | 2024-10-24T14:14:34Z | |
| dc.date.available | 2024-10-24T14:14:34Z | |
| dc.date.issued | 2024-09-06 | |
| dc.description.abstract | The study investigated the impact of credit risk assessment on the financial performance of Centenary Bank. Specifically, the study assessed the level of credit risk identification, assessment and control. Using a descriptive cross-sectional design and a mixed-methods approach, data was collected from 54 (fifty-four) respondents using questionnaires and interviews. The analysis showed that the level of credit risk management practices was positively related to financial performance, underlining how particularly significant the identification, assessment, and control of credit risk are in driving financial performance. The findings suggest that an active and all-rounded credit risk management approach, such as continuous risk monitoring, classification, and mitigation, has great potential to improve financial performance. For financial institutions to achieve superior financial performance, the study recommends that financial institutions therefore make the management of credit risk a priority through investment in training and resource allocation, adoption of best industry practices on estimation and mitigation. This is how, by minimizing the level of credit risk, one can maximize revenue and be able to compete in markets. Therefore, strong evidence from the study showed that credit risk has high positive impacts of Centenary Bank effective identification, measurement, and control of credit risk are part of comprehensive credit risk management, which promises optimal financial performance, revenue generation, and competitiveness. The findings and recommendations from the study provide useful lessons for financial institutions in credit risk management. In putting in place credit risk management procedures and ensuring the implementation of best practices within the financial industry, it would be possible for financial institutions to limit their risks while actualizing their returns and preserving their financial integrity within a constantly changing, highly complex, and fully competitive financial environment. | |
| dc.identifier.uri | https://hdl.handle.net/20.500.12311/1980 | |
| dc.language.iso | en | |
| dc.publisher | UGANDA CHRISTIAN UNIVERSITY | |
| dc.title | CREDIT RISK ASSESSMENT AND FINANCIAL PERFORMANCE OF COMMERCIAL BANKS IN UGANDA | |
| dc.type | Thesis |