Abstract
This research study was to find out how banks in Ghana rank the 5C’s in the evaluation of loan applicants. Based on the Yamane (1967) statistical formula among 35 banks in Ghana, 32 banks credit departments responded to this ranking survey. The results indicated in general that banks in Ghana rank from the order of importance: Capacity, Character, Collateral, Condition and Capital. However, foreign-controlled banks ranked Condition as third and Collateral as fourth and domestic-controlled banks ranked Collateral and Capital the same as the least.
| Original language | American English |
|---|---|
| Pages (from-to) | 78-80 |
| Journal | International Journal of Innovative Research and Advanced Studies |
| Volume | 4 |
| Issue number | 9 |
| State | Published - Sep 2017 |
| Externally published | Yes |
Keywords
- Capacity
- Character
- Collateral
- Condition
- Capital
Disciplines
- Finance and Financial Management