Fast Loan Assessment In Banking System (A Case Study Of Union Bank Of Nigeria, Umudike Branch)

ABSTRACT

In this world of competitive resource application and technological development, the banks have

been totally computerized. The fast loan assessment in banking system is concerned with the

analysis and design of a computerized system aimed at fasting the system of loaning money to

the customers, keeping accounts of the names of the people that were given and to keep records

of the amount collected. A software was designed and proposed for the purpose of maintaining

operational efficiency as a means of warding off competitive threat, and also to improve on the

security measures, checkmate fraud and error, to increase the speed of transaction and

improvement of customer's convenience by reducing barriers to loaning system. At the end of all,

the system proposed is better, calculates faster and is reliable. This enhances operations and level

of commitment to customers.