The importance of adequate information, provided in a timely manner cannot be overemphasized. The MIS therefore plays a very important role in the achievement of the management and administrative goals of any organization. As the saying goes, information is power.
Regarding the operational component of factors affecting credit risk, we need to add two more elements; namely: Weak Management Information System and Concentrated Lending. Management Information System (MIS) consists of a computerised database of information, which provides information, by way of r
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
Emeka Osuji
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
