+234 813 0686 500
+234 809 3423 853
info@grossarchive.com

The operation of the banks in grating financial assistance of Nigeria industrialist especially the small and medium scale industrialist.

  • Type:Project
  • Pages:30
  • Format:Microsoft Word
(Banking and Finance Project Topics & Materials)
INTRODUCTION
1.1 STATEMENT OF THE PROBLEM
Small and medium scale industries constitute and the bed rock of any meaningful industries nation.
But inspite of this  not much of small and medium scale industries have been seen on a nation wide scale in this country. The industries  in this country suffers a tremendous set back ranging from specialized institutions established for the purpose and also certain government polices and activities. This study is therefore aimed at finding out the following.
1. To trace the extent of which Nigeria development have contributed in the country’s transformation process  through the provision of financial assistance to indigenous small and medium scale enterprises.
2. whether the activities ad contributions of  development bank as a whole and NBC in particular and beneficial to the small and medium scale industrialist in particular. 

2.1 WHAT DEVELOPMENT BANKS ARE AND THE RATIONAL FOR THEIR ESTALISHMENT.
In appreciation, the roles of contributions of development bank in Nigeria, in their granting of financial assistance of small and medium scale industries.
It is useful to understand and meaning of development banks, and the rational for their establishment especially in developing countries of the world.
According to Nwankwo 1980 he suggested  three thesis as rational believed the existence of development banking. These are the cup thesis: the exigency thesis and catalyst thesis. The cap thesis states that development bank come into existence because of the need to fill the supply gap that medium long term in the financial system. The exigency thesis argues that bodies such as the international finance for corporation (IFC) usually encourage recipient  countries to establish development bank because these bank can easily obtain the required government guarantee and select the most promising enterprise for financial. The catalyst thesis states that development bank are required to asseverate the growth rate of industrialization as a crucial aspect of economic development for the above explanation. It beome clear that the exrgency thesis  is a consequences of the gap thesis, and that both the gap and catalyst thesis can collide into a single. Let us call it a development thesis. This simply states that development bank are established to transfer fund from surplus  arrears to deficit probity areas well as provided  entrepreneurial leadership towards the raid growth and structural adjustment in these areas of the economy.
ONOH (1978) in his contribution development banks as indispensable institutions for country whose government is seeking to indigent this economic base the bank can assist, in the absence of a development financial market and in an orderly transfer of shares resident or non-resident foreign investors to indigenes. The desire to promote rapid economic development and to be self reliantly to the establishment of development bank in many African countries to finance industries projects. 
Contributing  also in the rational for the establishment of developing banks UZOAGO 1984 argues that development countries in Africa from colonialism have been desirous of rapid economic development with emphasis or industrialization.

The operation of the banks in grating financial assistance of Nigeria industrialist especially the small and medium scale industrialist.

Share This

Details

Type Project
Department Banking and Finance
Project ID BFN1092
Price ₦3,000 ($9)
No of Pages 30 Pages
Format Microsoft Word

500
Leave a comment...

    Details

    Type Project
    Department Banking and Finance
    Project ID BFN1092
    Price ₦3,000 ($9)
    No of Pages 30 Pages
    Format Microsoft Word

    Related Works

    INTRODUCTION 1.1 STATEMENT OF THE PROBLEM Small and medium scale industries constitute and the bed rock of any meaningful industries nation. But inspite of this not much of small and medium scale industries have been seen on a nation wide scale in this country. The industries in this country suffers a tremendous set back ranging from specialized... Continue Reading
    CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The word “distress” has beamed the cost commonly used word not only in financial system, but also in all aspect of our life. It is common to hear one talk about distressed student. Distressed educational... Continue Reading
    ABSTRACT This research work focus on the role of microfinance bank in small and medium scale industries in Nigeria with a specific reference to a case study of ifelodun micro finance bank ltd ikirun . An analysis of the profile of SMEs shows that most SMEs area their Micro stages since they employ less than six people and these ctoris considerably... Continue Reading
    CHAPTER ONE INTRODUCTION 1.1     BACKGROUND TO THE STUDY Small and medium-scaled businesses (SME) are businesses whose personnel numbers fall below certain limits. The abbreviation 'SME' is used in the... Continue Reading
    (A CASE STUDY OF CRUTECH MICRO FINANCE BANK, CALABAR) CHAPTER ONE INTRODUCTION 1.1   BACKGROUND TO THE STUDY Effectively functioning financial markets like micro finance banks have fundamental roles to play in fostering development among small and medium... Continue Reading
    Abstract This study sought to establish the relevance of International Financial Reporting Standard (IFRS) to small scale enterprises in Nigeria. The international accounting standard board (IASB), in its objectives and preamble, suppose... Continue Reading
    ABSTRACT The efficiency and effectiveness of any organization weather small or big depends on the people that manage it. And manning an organization has been a serious problem of small and medium scale companies like Nigeria and because of this, these companies have not been able to achieve their goals. It is against this background that this... Continue Reading
    CHAPTER ONE INTRODUCTION 1.1 Background to the study  Small and medium enterprise (SMEs) are considered backbone of economic growth in all countries (Rajesh, Surash and Deshmukh, 2008). Small and medium enterprises play an important role in Nigeria’s economic growth, as they constitute 97.2% of the companies in Nigeria (Ministry of Trade and... Continue Reading
    CHAPTER ONE 1.1 HISTORICAL BACKGROUND OF THE STUDY The production of goods and services in the most efficient manner has continued to be the only viable and reliable option for development, growth and survival of any economy. The development of small scale enterprises... Continue Reading
    AN APPRAISAL OF COMMERCIAL BANKS FINANCING OF SMALL & MEDIUM SCALE ENTERPRISES ABSTRACT The study was carried out to appraise commercial banks financing of small and medium scale enterprises. Commercial banks were appraised because they possess high volume of money in the economy and are the first point of call to SMEs. The research’s... Continue Reading