MJAMR

Credit Management And It’s Impact On The Financial Performance Of Financial Institutions In Uganda, A Case Study Of Centenary Bank, Gulu Branch

Okwir Joshua, Magala Muhammed


Abstract

The study aimed at investigating the impact of credit management on the financial performance of financial institutions in Uganda with a case study of centenary bank, Gulu branch and it was guided by the following objectives; To examine the effect of credit terms on financial performance of Centenary Bank, Gulu Branch, to analyse the effect of credit assessment on financial performance of Centenary Bank, Gulu Branch and to investigate the relationship between credit control and financial performance of Centenary Bank, Gulu Branch. Purposive sampling was used whereby the researcher used his own decision and experience to determine which employees have in-depth information to take part in the study. Thus, the selection of the respondents was based on the researchers understanding with the respondents’ possession of the required information. Therefore, purposive sampling was conducted for the top management staff of the bank branch. SAQs with one open ended question per section was designed for SME employees to give additional or express their mind while the rest was close-ended aimed at testing perception using a five-point likert scale measuring from Strongly Disagree as response 1, Disagree as response 2, Not sure as response 3 Agree as response 4 and Strongly Agree as response 5 for easy measurements of variables. From the findings, it shown that there was a strong relationship between credit financing and the growth of bank. At Pearson correlation coefficient r =0.669. The results as depicted from the table above (r2=0.669, P=0.035) suggest a positive and significant effect on credit financing on the growth of bank in Centenary bank. Financial institutions should put in a provision of loan repayment periods extension for the bank. More credit needs to be availed to the bank given their significant role in the economic growth and development.

Keywords

Credit Management Financial Performance and Institutions
Metropolitan Journal of Academic Multidisciplinary Research

Cite This Article

Okwir Joshua & Magala Muhammed (2024). Credit Management And It’s Impact On The Financial Performance Of Financial Institutions In Uganda, A Case Study Of Centenary Bank, Gulu Branch. Metropolitan Journal of Academic Multidisciplinary Research, 3(7). https://journals.miu.ac.ug/pages/article.php?article_id=1390

More in This Issue

View full issue →
11
Effectiveness of Quality Management in Improving Operational Performance In Stanbic Bank, Wandegeya
Wanyenya Alizik, Ariyo Gracious Kazaara
Quality Management And Operational Performance
12
Effects Of Menstruation On Academic Performance Of TeenageGirls In Rugombe Town Council, Kyenjojo District.
Asiimwe Juliet, Okee Jill Margaret
Menstruation Academic Performance and TeenageGirls
13
Examining The Connections Between Client Contentment And Hotel Company Reputation Via Social Networking Engagement At Hotel African
Namaganda Patience, Friday Christopher
Client Contentment Hotel Company Social and Networking Engagement
14
External Auditing And The Financial Performance Of Ssubiryo Financial Services, Kikuubo, Kampala District
Owembabazi Promise, Mwesigwa Henry
External Auditing Financial and Performance
15
Financial Control And Organizational Performance. A Case Study Of Mukono District Local Government
Nansukusa Vivian, Zikusooka Enock
Financial Control Organizational and Performance