Journal
Metropolitan Journal of Academic Multidisciplinary Research
MJAMR
Credit Management And Financial Performance Of Financial Institutions In Uganda, A Case Study Of Centenary Bank, Gulu Branch
Gracious Kazaara Ariyo
| Journal | Metropolitan Journal of Academic Multidisciplinary Research (MJAMR) |
| Volume / Issue | Vol. 2, No. 12 |
| Published | 31 December 2023 |
| ISSN | 3006-4384 |
Abstract
The study aimed at credit management and 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. A descriptive research design was adopted for the study since it focuses on the people as well as their attributes which enable the investigator to understand and examine the influence of credit management on the performance of financial institutions in Uganda. The method was used to collect data from middle-level staff and other lower-level staff within the bank because they were directly involved in the operations of the SMEs. Self-Administered Questionnaires (SAQ) was employed to gather data from the study elements in a structured manner. 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 andthe growth of bank. At Pearson correlation coefficient r =0.669. The results as depicted from the table above (r2=0.669, P=0.035) suggested a positive and significant effect on credit financing on the growth of bank in Centenary bank. The positive relationship meant that when credit financing increases, bank also grow. Banks should devise means they deliver credit financing facilities, improve terms and conditions under which financial institutions offer various credit facilities to bank.
Keywords
credit management
financial performance and institutions
Cite This Article
Gracious Kazaara Ariyo (2023). Credit Management And Financial Performance Of Financial Institutions In Uganda, A Case Study Of Centenary Bank, Gulu Branch. Metropolitan Journal of Academic Multidisciplinary Research, 2(12). https://journals.miu.ac.ug/pages/article.php?article_id=1625
More in This Issue
View full issue →
6
Church Programmes and Community Socio- Economic Empowerment in Uganda: A Study of Kazo Parish, Kazo Archdeaconry, Namirembe Diocese of Church of Uganda
; Church Programmes
Community Socio-Economic Empowerment
biblical and pastoral teaching
vocational training
7
Credit Policy on the Financial Performance of Micro Finance Institution in Luwero District. A Case Study of Letshego Microfinance
debt recovery
loan recovery
credit policy
financial performance and MFI’s
9
Decentralization and Public Service Delivery in Uganda. A Case Study of Umeme
Decentralization and Public service delivery
10
Effect Of Supplier Selection On Product Quality In Government Statutes. A Case Study Of National Planning Authority
Supplier selection
Product quality and Government statute