Loan Syndication In Nigeria: Challenges And Prospects

Author(s)

Dr. Abolade Francis AKINTOLA , Dr. Samuel Adebayo OLAOYE ,

Download Full PDF Pages: 105-110 | Views: 673 | Downloads: 208 | DOI: 10.5281/zenodo.3702234

Volume 9 - February 2020 (02)

Abstract

This paper examined loan syndication in Nigeria, focusing on challenges and prospects. The paper highlights parties to loan syndication and the contribution of a syndicated loan to the economic growth of Nigeria as well as the problems and challenges of a syndicated loan. The paper recommends setting up a loan syndication unit in the corporate finance department of banks with well-trained staff in Accounting and Marketing to strengthen the unit for efficient service to the borrowing public.

Keywords

Loan syndication, Economic Growth and Corporate Finance

References

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