THE ROLE OF COMMUNITY BANKING IN THE ECONOMIC DEVELOPMENT OF NIGERIA

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THE ROLE OF COMMUNITY BANKING IN THE ECONOMIC DEVELOPMENT OF NIGERIA

ABSTRACT

This project was a through research into the role of community banking in the economic development of Nigeria. Its cardinality is to investigate the performance of community banks and to what extend they her contributed in the economic development of Nigeria especially in these rural areas they was established. It also endeavoured to verify empirically the prudent management of these community barite and profer suggestions on how improvements can be made to ensure the envisioned returns on investment and contribution towards the economic well being of the nation are achieved. Writing the linct of the analysis carried out it was observed that community bank have may pr0blems facing than due to the following reasons.

Inability to function very well in the rural area due to back of infrastructures.

Lack of sufficient fund

Lack of skille workers

Lack of securities and packing spaces

The research work equally proffered suggestions to cushion, ameliorate and remedy the tainted situation such suggestion are.

a. Government should command the national board for community banks, to allow this community to expend and obtain loans outside community loose. Government double organize an intensive training scheme for the community banks. This fill help these banks acquire trained staff.

TABLE OF CONTENT

CHAPTER ONE

1.0 Introduction

Purpose of the study

Significance of the study

Scope of the study

Limitation of the study

Definition of terms

CHAPTER TWO

2.0 Review of related literature

The need for the community banking in economic development of Nigeria

CHAPTER THREE

3.0 Research design and methodology

Location of data

Data analysis

CHAPTER FOUR

4.0 Summary of finding

CHAPTER FIVE

Recommendation

5.1 Conclusion

CHAPTER ONE

1.0 INTRODUCTION

BACKGROUND OF STUDY

When God created man, the lest man with divine injection as recorded in the holy file. Be fruitful and multiply and replenish the earth and subduing the word as a mega society and the rural areas as a micro society of the overall good of man economically, politically and socially and other.

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