EMPIRICAL ANALYSIS OF COMMERCIAL BANKS LENDING POLICIES TO THE PRIVATE SECTOR A CASE STUDY OF UNION BANK OF NIGERIAN PLC

This study entitled “ empirical analysis of commercial banks lending policies to the private sector” attempt to appraise the various ways through which the commercial banks disburse money in from of loans and advances to the private sector with a view to determine the extent of compliance with the central banks of Nigeria credit guidelines. For sometime now there have been a large stream of articles books and researches on commercial banks lending polices. This is so because of the need for fund by both the private and public sectors for development purposes. Frankly commercial banks do not have their individual lending policies but can adjust within the stipulated standard with an aim to utilize their customer’s deposit to attain the goal of optimum profit. It is disheartening to team that the efforts of various government (federal and state) towards the attainment of self-sufficiency in the industrial agricultural product have been on persistent increase. There have been great shortage of most of the essential food product and raw materials.