Browsing by Author "Tefera, Enjore"

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    Assessment Of Project Financing Practices At Nib International Bank S.C.
    (Addis Ababa University, 2018-11-19) Tefera, Enjore; Bekalu, Wubshet (PhD)
    The study was focused on the assessment of the project finance practices of Nib International Bank S.C. the study employed quantitative and qualitative research approach. Descriptive design was used to construct meaning from extracted data collected from primary and secondary sources particularly through survey, interview and document reviews. This study was supplemented with literature reviews. the study came up with the finding that assessment of project finance emanated from technical, structural, market, finance and project finance risk aspects. Accordingly, from the technical angles the bank was found to be somehow technically deficient in the assessment of appropriate technological need of the project finance request and having calibered staff for the assessment of same. With respect to structural aspect of the project, almost all of the structural aspects of the project were not exercised by the bank. From the marketing perspectives, the assessment are mainly macro and industry analysis of the project environment, largely dependent on the feasibility study presented by the project sponsors and lacks precision and consciousness on the specific project market positioning and marketing mix strategies. Last regarding project finance and project finance risk assessment techniques, it was found that the techniques employed were analogous to traditional short term working capital financing and techniques of project finance were not exploited. Cognizant of the forgone findings, the study recommends the bank to pay due attention to technological assessment need of the project proposed to be financed, to exploit project finance structure features, to assess the viability of the potential market at appropriate detail and to cross check the feasibility study and finally to wave on relying conventional lending practices. Last to use separate techniques for project financing and to boost staff capability in the assessment of project financing techniques by providing intensive trainings.