Securities: The Usage to a Lending Banker

Akinyemi Balogun, Mamidu A. Ishola

Abstract


This paper researched into why provision of collateral security by a bank customer is not a 100% guarantee that facilities sought for. The prerequisite for granting facilities includes: good character-integrity, strong financial capacity, repayment proposal, the purpose of the loan, the ratio/proportion of the loan/facilities sought-for to that of the security offered. The lending banker should also consider relevant accounting ratios. The real security is the integrity of the borrower; lending proposition must be favorable so that the question of security becomes secondary.


Keywords


Bank customer; Securities; Lending banker and facilities

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References


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DOI: http://dx.doi.org/10.3968/j.css.1923669720141001.5019

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