ABSTRACT

The research examined the impact of accounting information on Mainstreet Bank of Nigeria Pic., Owerri. l-'owcvor, data were collected/obtaincd from questionnaires administered to various staff of the Bank. The hypotheses used in the research were tested using Analysis of-Variance (ANOVA) statistical tool. The following were revealed as findings, that there is a relationship between bank performance and lending decisions. Th^t the accounting information received from customers have significant influence on Bank's lending decisions. There is a positive impact of accounting information on Bank's lending decisions. That there is non- financial information requirement that influence bank's lending decisions. The Bank's make use of financial ratios in assessing customers credit worthiness. Based on these findings, the researcher recommends that banks. should make sure that a thorough feasibility study is conducted to eliminate uncertainty on loans given out. Banks should always insist on their customers to produce a well audited financial statement in order to improve on the level of reliance of accounting information derived from it. Banks should employ qualified financial analysts or better still design an effective result oriented ..training programme for new lending officers. Banks should establish good credit department which will generate information and investigate the credit worthiness of customers.