Role of Commercial Bank in the Growth of Small Scale Business in Nigeria

  • Type: Project
  • Department: Banking and Finance
  • Project ID: BFN1675
  • Access Fee: ₦5,000 ($14)
  • Pages: 42 Pages
  • Format: Microsoft Word
  • Views: 145
  • Report This work

For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

CHAPTER ONE

1.0           BACKGROUND TO THE STUDY

1.1           INTRODUCTION

In developing countries like Nigeria, majority of the population is rural based, so there is the need to give emphasis to the development of small scale and medium scale enterprises to enable the participation of greater segment of indigenous entrepreneurs in the development process. There is evidence to substantiate the argument that the small industrial sector holds a greater capacity to abort large number of workers who have been unable to secure a wage job in the large and capital intensive industrial sector.

          There is no doubt that small-scale is the backbone of business activities in Nigeria. More than 50% of business in Nigeria meets the standard of smallness if such high proportions of enterprise group, it cannot provide the desire effects.

          Since the establishment of any enterprises whether large medium or small require finance, it is therefore imperative to examine the importance of small require finance, it is therefore imperative to examine the importance of financial institution especially commercial banks in financing of small scale industries in Nigeria financial institution and banks of any forms, pursue identical goals. They contribute in no small measure to the country macro-economic objectives for the rapid transformation of the economy. Banks particularly contribute significantly to real development through savings and tending process by stimulating savings, mobilization fo funds and by the ability to ensure the most efficient transformation of the savings into real output.

Role of Commercial Bank in the Growth of Small Scale Business in Nigeria
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
  • Type: Project
  • Department: Banking and Finance
  • Project ID: BFN1675
  • Access Fee: ₦5,000 ($14)
  • Pages: 42 Pages
  • Format: Microsoft Word
  • Views: 145

500
Leave a comment...

    Related Works

    INTRODUCTION Small business is the dominant form of business enterprises in any economy whether developed or developing. This means that small business can play active role in the economic development of most countries. Despite this fact, they have not been accorded the respect and given the necessary financial and other support they deserve in... Continue Reading
    ABSTRACT        The effect of commercial Banks credit in promoting small scale enterprises in Nigeria as a matter of fact ought to be mutually supportive since they both depend on each other for its continuous existence. Small-scale enterprises  performance in terms of efficiency and productivity to some extent is a function of the nature... Continue Reading
    ABSTRACT The effect of commercial Banks credit in promoting small scale enterprises in Nigeria as a matter of fact ought to be mutually supportive since they both depend on each other for its continuous existence. Small-scale enterprises performance in terms of efficiency and productivity to some extent is a function of the nature of the type of... Continue Reading
    ABSTRACT The effect of commercial Banks credit in promoting small scale enterprises in Nigeria as a matter of fact ought to be mutually supportive since they both depend on each other for its continuous existence. Small-scale enterprises... Continue Reading
    ABSTRACT This study is aimed at finding out the role commercial banks play over the small scale industries and the problem the small scale industries encounter. This study, has been divided into five (s) chapters thus:. Chapter one is the introduction, sitting out the background of the study. The researcher highlighted that the performance of... Continue Reading
    ABSTRACT This study is  aimed at finding out the role commercial banks play over the small scale industries and the problem the small scale industries encounter.  This study, has been divided into  five (s) chapters thus:.  Chapter  one is the introduction, sitting out the background of the study.  The researcher highlighted that the... Continue Reading
    (A CASE STUDY OF ENTERPRISE BANK PLC, ENUGU) ABSTRACT The major objective of the study is to ascertain the extent to which The Commercial Bank plays In Financing Small and Medium Scale Industry in Nigeria using Enterprises Bank plc, Enugu. Instrument of data... Continue Reading
    ABSTRACT New products are developed in the Banking industry to meet the ever-growing needs of customers. In this research work, the research choose four of the products, measured the extend to which they have been able to satisfy the customers. The products selected are SMALL CARD, INTERNATIONAL MONEY TRANSFER, EDUCATIONAL SCHEME AND INTEGRATED... Continue Reading
      CHAPTER ONE: INTRODUCTION 1.1 BACKGROUND OF THE STUDY Small-scale business has been an important element in this country’s drive towards a self reliant economy. This is based on the legalization that small-scale enterprises are desirable worldwide; hence, it is an avenue for reducing the rate of unemployment in the country and there by... Continue Reading
    ABSTRACT New products are developed in the Banking industry to meet the ever-growing needs of customers. In this research work, the research choose four of the products, measured the extend to which they have been able to satisfy the customers. The products selected are SMALL CARD,... Continue Reading
    Call Us Get this work