THE ROLE OF COMMUNITY BANKING IN THE ECONOMIC DEVELOPMENT OF NIGERIA
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
- Purpose of the study
- Significance of the study
- Scope of the study
- Limitation of the study
- Definition of terms
2.0 Review of related literature
- The need for the community banking in economic development of Nigeria
3.0 Research design and methodology
- Location of data
- Data analysis
4.0 Summary of finding
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.