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 →
26
Internal Control System And Financial Management In An Organizations. A Case Study Of Hotel Continental Iganga.
internal control system
financial management and organizations
27
Inventory Management And Financial Performance Of Private Distilling Companies. A Case Study Of Uganda Waragi Company Limited
Inventory management and Financial Performance
28
Job Training And Performance Of Local GovernmentEmployees In Uganda: A Case Study Of Kayonza Sub-County, Kanungu District.
Job training
Performance and Local government
29
Local Council System And Implementation Of Government Projects In Uganda; A Case Study Of The Northern Uganda Social Action Fund Iii (Nusaf 3) In Panyimur Sub County- Pakwach District
local council system
implementation and government projects
30
Mass Media Welfare And Its Influence On The Effectiveness Of Journalism. A Case Study Of UBC
mass media
welfare and journalism