THE ROLE OF COMMUNITY BANKS ON THE DEVELOPMENT OF RURAL COMMUNITIES

  • Type: Project
  • Department: Accounting
  • Project ID: ACC2542
  • Access Fee: ₦5,000 ($14)
  • Pages: 41 Pages
  • Format: Microsoft Word
  • Views: 837
  • Report This work

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

TITLE PAGE
APPROVAL PAGE
DEDICATION
ACKNOWLEDGEMENT
TABLE OF CONTENT

CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
1.2 STATEMENT OF PROBLEM 
1.3 SCOPE OF THE STUDY
1.4 OBJECTIVE OF THE STUDY
1.3 SIGNIFICANCE OF THE STUDY
1.4 LIMITAITON OF THE STUDY
1.7 DEFINITION OF TERMS

CHAPTER TWO
2.0 REVIEW OF RELATED LITERATURE 
2.1 INTRODUCTION 
2.2 RURAL BANKING SCHEME IN NIGERIA
2.3 NATURE AND CONCEPT OF COMMUNITY BANKS
2.4 VENTRAL BANK CONTROL MEASURE TO COMMUNITY BANKS
2.5 FUNCTIONS OF COMMUNITY BANKS IN RURAL AREAS
2.6 WHY MOST COMMUNITY BANKS ARE FOLDING
2.6 PROCEDURE FOR THE ESTABLISHEMNT OF COMMUNITY BANKS.
 REFERENCES

CHAPTER THREE
3.1 SUMMARY OF FINDINGS
3.2 RECOMMENDATION
3.3 CONCLUSION
 REFERENCE

INTRODUCTION

This chapter is mainly concerned with the efforts at
expanding the economic base of the rural area which are always backwards because of scarcity of and restrictive access to loanable funds.  In solving the problem, previous government in their economic policies have lied on development banking and rural branch banking of orthodox banks.  The word Community Banking is defined as a self sustaining financial institution owned by a community or a group of communities.  Unlike commercial banks, community banks were established mainly to promote productive activities in the rural area.  Specially, they are meant to facilities the programmes of directorate of food, roads and rural infrastructural producers.
 Community bank has no other branch because it is established to operate within a community alone.  It is well known that 75 percent of the country’s resource and ointment are in the rural areas.  So our development project and programme can not achieve any appreciable improvement until this is focus on those rural areas.

BACKGROUND OF THE STUDY

 The federal government of Nigeria 1990 budget speech decided to establish community bank in order to strengthen its programmes of grassroots economic development.  The fundamental concept of a community banks is of a self-sustaining financial institution, owned and managed by a community for the purpose of providing credit deposit, banking and the service to its members.  
It is designed to ensure that a community may establish a community bank for the purpose fo promoting rural development throughout the provision of finance and banking service improving the economic status of small scale producers both in the rural and urban areas, enhancing the rapid development of production activities especially in the rural economic growth in Nigeria.  
A bank licensed under the community bank decree shall accept from persons various types of deposit including savings and time savings. Receive or collect money on behalf of its customers, operate equipment leasing facilities which is designed to ensure access of its customer to farm input.  
Community bank in Nigeria banking system dates back to 1990 when the budget speech was delivered by the president commander in Chief of the Armed Forces, General Ibrahim Babangida. Since then, each state of the federation now has a minimum of at least twenty (20) community banks. Even the federal capital territory has four (4).
Community banks acts under the control of National Board for Community Banks (NBCV) and the Central Bank of Nigeria.  National Board for Community Banks is established for monitoring promotion, development and general supervisions of the community banks.
THE ROLE OF COMMUNITY BANKS ON THE DEVELOPMENT OF RURAL COMMUNITIES
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
  • Type: Project
  • Department: Accounting
  • Project ID: ACC2542
  • Access Fee: ₦5,000 ($14)
  • Pages: 41 Pages
  • Format: Microsoft Word
  • Views: 837
Payment Instruction
Bank payment for Nigerians, Make a payment of ₦ 5,000 to

Bank GTBANK
gtbank
Account Name Obiaks Business Venture
Account Number 0211074565

Bitcoin: Make a payment of 0.0005 to

Bitcoin(Btc)

btc wallet
Copy to clipboard Copy text

500
Leave a comment...

    Details

    Type Project
    Department Accounting
    Project ID ACC2542
    Fee ₦5,000 ($14)
    No of Pages 41 Pages
    Format Microsoft Word

    Related Works

    CHAPTER ONE INTRODUCION 1.1     BACKGROUND INFORMATION The history and importance of community based organization (CBO) in rural areas is a long one. They have been deeply involved in activities that have impacted on the livelihood of rural people. CBOs are formal voluntary social group that are found in communities which differ in size... Continue Reading
    ABSTRACT This is the summary of the research work form chapter one to five. If actually contain what research work supposed to contain except background of the study and objective of the study. Look at the chapter 3 and 4 it is properly done, it is telling us how the data collected is presented and then analyzed. TABLE OF CONTENT Title page... Continue Reading
    ABSTRACT The role of Community Bank in Rural Development in Nigeria is a topic chosen from the Banking and Finance field. The research was conducted just to know the positive and negative things that effect the Banks in Rural Development of an organization for effective research on this topic THE ROLE OF COMMUNITY BANK IN RURAL DEVELOPMENT, both... Continue Reading
    ABSTRACT This is the summary of the research work form chapter one to five. If actually contain what research work supposed to contain except background of the study and objective of the study. Look at the chapter 3 and 4 it is properly done, it is telling us how the data collected is presented and then analyzed. TABLE OF CONTENT Title page... Continue Reading
    ABSTRACT  This is the summary of the research work form chapter one to five. If actually contain what research work supposed to contain except background of the study and objective of the study. Look at the chapter 3 and 4 it is properly done, it is telling us how the data collected is presented and then analyzed.   TABLE OF CONTENT   Title... Continue Reading
    ABSTRACT The role of Community Bank in Rural Development in Nigeria is a topic chosen from the Banking and Finance field. The research was conducted just to know the positive and negative things that effect the Banks in Rural Development of an organization for effective research on this topic THE ROLE OF COMMUNITY BANK IN RURAL DEVELOPMENT, both... Continue Reading
    ABSTRACT This is the summary of the research work form chapter one to five. If actually contain what research work supposed to contain except background of the study and objective of the study. Look at the chapter 3 and 4 it is properly done, it is telling us how the data... Continue Reading
    ABSTRACT This project work is a study of the impart of Community Banks in Rural Development: case study Uli Community Bank Ltd, Uli. In carrying out the research, questionnaires were used,  which the researcher made available to the manager, staff and customers of Uli Community Bank.  Information for this research was collected from primary,... Continue Reading
    ABSTRACT This project work is a study of the impart of Community Banks in Rural Development: case study Uli Community Bank Ltd, Uli. In carrying out the research, questionnaires were used, which the researcher made available to the manager, staff and customers of Uli Community Bank. Information for this research was collected from primary,... Continue Reading
    IMPACT OF COMMUNITY BANKS ON RURAL DEVELOPMENT (A CASE STUDY OF UMUEZE COMMUNITY BANK ENUGU). ABSTRACT The establishment of community banks by the Federal Government with particular reference to Umueze Community Bank Enugu was necessitated by the desire of Government to improve the standard of living of the urural dwellers and to encourage rapid... Continue Reading
    Call Us
    Get this work
    whatsappWhatsApp Us