Download complete project materials on Significance Of Bank Credit To The Development Of Nigeria Economy from chapter one to five
TABLE OF CONTENTS
PASS 2024 UTME WITHOUT STRESS:- 👉 DOWNLOAD and PRACTICE with 2023 UTME CBT APP 📱👈
CLICK to DOWNLOAD NOW.:- 👉 PASS Your POST UTME by Downloading Your School's Post UTME Past Questions and Answers 📱👈
Title page
Certification
Dedication
Acknowledgement
Table of contents
CHAPTER ONE
1.0Â Â Introduction
1.1Â Â Historical Background of commercial banks
1.2Â Â Statement of the problem
1.3Â Â Aims and objectives of the study
1.4Â Â Justification on the study
1.6Â Â Limitation of the study
1.7Â Â Chapterization
CHAPTER TWO:
LITERATURE REVIEW
2.1Â Â Literature Review
2.2Â Â Historical Background of United Bank Africa Plc
2.3Â Â Concept of Bank credit
2.4Â Â Lending Policies and objectives
2.5Â Â Importance of lending
2.6Â Â Canon of lending
2.7Â Â Characteristic of Bank credit
2.8Â Â Limitation on the Powers of Commercial Banks to lend
CHAPTER THREE: RESEARCH METHOD
3.0Â Â Research Methodology
3.1Â Â Source of data collection
3.2Â Â Primary source
3.3Â Â Secondary source
3.4Â Â The significant of Bank to the development of Nigeria Economy
CHAPTER FOUR
4.0Â Â Lending Against Security
4.1Â Â Land and Security
4.2Â Â Data Techniques
4.3Â Â Data analysis
CHAPTER FIVE
5.0Â Â Summary, conclusion and recommendations
5.1Â Â Findings
5.2Â Â Conclusion
5.3Â Â Recommendations
References
CHAPTER ONE
1.0Â Â INTRODUCTION
In a developing country like Nigeria, the significance of bank credit to a firm cannot be overemphasized.
It is therefore necessary that everybody known the roles played by banks through their credit in developing Nigeria firms and the economy of large. Although many of use have heard about bank credit and we pass through the bank on daily basis, rnajority do not know the vital role they played in our fast developing economy. It is therefore pertinent to show fellow Nigerians various types of banks credit that exist and how the investors apply these credits to the development of the nations economy.
In order to succeed in life, a man does not only work hard, but he also looks for means to improve on his work. These are situations whereby a man has all the skills needed to set up a business but does not have the means to the end of the whole show? That is why we feed that it is timely at this point to let people know the investment and now this turn will lead to the development of the nation at large
There are many people who are eager to set up business of there own or improve on the existing one they poses but do not know sources of financing such project. Such people needs to be informed of the requirement and prospect of bank credit.
Critical Appraisal Of Mortgage Finance In Nigeria
Commercial Banks’ Investment In Loans And Treasury Bills And Their Overall Profitability In Uganda
It is in the light of the above reasons that this subject is chosen. It is hoped that after going through this work, many people who are either to ignorant of the contributions of bank credit to firms and to the nation at large will be adequately educated.
Reader also deserve to know the evolution of the banking system in Nigeria. The researcher not fails to let the readers know the types of credits available in the banking system.
Finally, many educated people do not know the procedures of obtaining bank credits. All the foregoing have therefore influenced and dictated the topic the significance of Bank’s credit to the development of Nigeria economy with special references to Unit Bank for Africa Plc.
1.1Â HISTORICAL DEVELOPMENT OF COMMERCIAL BANKS
The history of commercial bank in Nigeria date to the take over of a branch of the African Banking Corporation in Lagos by Elder Dempster and company in 1892-
The takeover of this out coast of the African Banking Corporation with head quarters in South African and which \vas established essentially for the importation of silver in1891, its failure to realize this goal to its lived and it was replaced by the British Bank of West Africa (BBWA) in 1893 with $20,000 capital later increased to 3100,000 during the same year. It was registered in London as a limited liability company in March 1894 and the first Lagos branch was opened in the same year other branches were opened in major West African cities like Accra, free town and Bathurst. The bank opened its second Nigerian branch in old Calabar in
1900.
Until 1971 when British Bank of West Africa was toned by another.
Bank, the colonial bank British of West Africa. This bank enjoyed an in challenged sway in the Nigeria commercial Banking scene. Having taken over the Anglo-Africa bank (Bank of Nigeria) 1899-1912. By untrue of this monopoly, BritishBank of West African enjoyed the privileges off supplying silver coins to West African Currency Board system.
The emergence of the colonial bank in 1916 and the taking up of its activities in 1917 broke the monopoly which the British Bank of West Africa enjoyed.
In 1925, the bar days Bank of United Kingdom absorbed the colonial bank and from them on the name become Bar day bank DCO (Dominion Colonial Overseas). This Bank opens its first branch in Lagos in 1917 (it is now known as the Union Bank) soon after, wine other branches were opened.
The Nigeria banking scene was therefore dominated by these two British banks, BBWA, and Bar Days Bank DCO between 1894-1933.
The dominance of these two British banks was challenged in 1948 by the arrival of British and French bank now called United Bank for Africa Pic, (UBA) making it the third expatriate bank to dominate early Nigeria commercial banking.
The foreign bank came principally to render services in connection with international trade, so their relationship at that time was chiefly with the expatriate trading companies and with the government. They largely ignored the development of local African entrepreneur ship.
International Bank for West Africa is one of the late arrival among the expatriate banking Nigeria having been established in 1959, Originally it was known as banquets International Pour Afrogue occidental which has a number of consortiums of French and British banking interest and a principal fmancer of groundnut trade in nieghbouring Niger republic.
These four expatriate bank have since been joined by many other varied national interest the Banking sector in Nigeria has undergone significant trans for motion both in term of number and product creatively and the level of operation which was a result of economic reform embodied in the structural adjustment programme (SAP) in 1986.
In term of growth in the number of banks, the commercial bank operating during that year were 12 with 27 branches nation wide, this number grew to 54 with 2193 branch for the commercial bank and 38 with branches for the merchant bank in 2000 with the introduction of Universal Banker’s in 2001. However, in 2003 and 2004, the number fell to 89 and 87 respectively.
SEE >> HOW TO DOWNLOAD THE COMPLETE PROJECT (CHAPTER 1-5) NOWÂ
>GUARANTTEE|:| Score 280 Above in 2024 UTME👉 DOWNLOAD FREE JAMB CBT APP HERE:.: GURRANTTEE Score 280 Above in 2022 UTME👉 DOWNLOAD FREE JAMB CBT APP HERE 📱👈WISH TO STUDY & LIVE in UK?:- STUDY, WORK AND LIVE IN the UK Application Form NOW OUT. Call 08030447894
