CREDIT RISK MANAGEMENT AND DEPOSIT MONEY BANK'S PERFORMANCE IN NIGERIA

The study examines Credit Risk Management and Deposit money Bank’s Performance in Nigeria. This paper set out to investigate the impact of credit risk management on the performance of deposit money banks in Nigeria using the Correlation and the panel Least Square regression techniques. Data for the study were sourced from the CBN Statistical Bulletin for the period 2006 to 2018. Our findings demonstrate succinctly that the selected credit risk management indicators under study significantly impact on the performance of deposit money banks measured as return on equity, return on assets, respectively. However, the findings suggest that ROA is a better measure of performance that ROE. And in conclusion, Banks should not always be in a rush in approving loans for prospective borrowers but should first determine the credit worthiness of the customer so as to aid quick pay back of the loan. This will not only reduce the massive loan losses often witnessed by them, it will also reduce their huge provision for loss loans and thereby improve their performance over time