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 →
21
Inflation And Organization Performance. A Case Study Of Equity Bank
Monday Vivian, Babirye Shamirah
Inflation Organization and Performance
22
Influence Of High Rate of Unemployment on Economic Development in Uganda; A Case Study Wakiso District
Nakabira Angella, Kamugisha Nelson
Unemployment and Economic development
23
Influence of Sand Mining on Environmental Degradation in Nyakiyubu sub-County, Kasese District
Kyakimwa Jackline, Irumba Alex
Sand Mining and Environmental Degradation
24
Integration And It’s Effects In The New Curriculum To Students Education, A Case Study Of St. Joseph Buyaga, Buyaga Sub-County Bulambuli District.
Gimei Aristar, Okee Jill Margret, Kamugisha Stanley
Integration New Curriculum Students and Education
25
Interactive Participation, Collaboration And Project Success Among Non-Government Organization Health Projects In Kumi District
Tulisikila Sharon, Irumba Alex, Dr Arinaitwe Julius
Interactive Participation Collaboration Project Success Non-Government Organization and