Credit operations and management of Trust Bank Limited

Abstract

Trust Bank Limited contributes significantly to the socioeconomic growth of our nation, by meeting customer needs and enhancing banking services. The primary goal of this paper is to analyze the credit and loan lending policies that Trust Bank operates. This report was prepared using both primary and secondary sources. The trust bank's annual report over the previous five years was used to gather data. Initially an in-depth organizational summary is provided so that readers can be aware of the bank and its overall services. The primary sources of income for the bank are its commercial banking services and products, which include working capital and trade finance for corporate clients, SME loans for small business owners and traders, and a variety of need and lifestyle-based loans for individual consumers. Following that, the bank's credit policy, credit department, and credit approval procedure are described. With a strong credit management system, TBL effectively and efficiently controls credit risk. The bank prioritizes enhancing post disbursement recovery procedures and giving Early Warning System (EWS) priority in order to prevent the increase of non-performing assets to ensure the quality of its loan portfolio. Looking at the data, it is reasonable to believe that Trust Bank is in excellent financial condition. Finally, following a thorough analysis of all the data, a list of recommendations is provided that may be useful in identifying obstacles, mitigating negative effects, and enhancing the banks performance.