PROBLEMS AND PROSPECTS OF COMMUNITY BANKS IN THE RURAL DEVELOPMENT OF NIGERIA (A CASE STUDY OF OGUI COMMUNITY BANK, ENUGU SOUTH L. G. A.)

₦5,000

Category: Banking and Finance Tags: ENUGU SOUTH L. G. A.), PROBLEMS AND PROSPECTS OF COMMUNITY BANKS IN THE RURAL DEVELOPMENT OF NIGERIA (A CASE STUDY OF OGUI COMMUNITY BANK

Description

ATTENTION:

BEFORE YOU READ THE CHAPTER ONE/ABSTRACT OF THE PROJECT TOPIC BELOW, PLEASE READ THE INFORMATION BELOW.THANK YOU!

INFORMATION:

YOU CAN GET THE COMPLETE PROJECT OF THE TOPIC BELOW. THE FULL PROJECT COSTS N5,000 ONLY.

THE FULL INFORMATION ON HOW TO PAY AND GET THE COMPLETE PROJECT IS AT THE BOTTOM OF THIS PAGE. OR YOU CAN CALL: 08137701720

PROBLEMS AND PROSPECTS OF COMMUNITY BANKS IN THE RURAL DEVELOPMENT OF NIGERIA (A CASE STUDY OF OGUI COMMUNITY BANK, ENUGU SOUTH L. G. A.)

ABSTRACT

The community banking scheme has been in operation since December 1990, and has to a large extent achieved its objectives as a vehicle for poverty alleviation at the grassroots’ level. With about 1000 unit community banks and hundreds of thousands of customers, the banking habit has reasonably increased in the rural areas.

The poor farmers, cattle rears, fisher men and artisans who might not have collateral but are hardworking could get loans from their community banks for productive activities thereby boasting the gross domestic products of the country. Since government encouraged the communities to invest in community banks, the scheme should be supported to succeed. It is cheaper way of sustainable development of the rural areas in the short, medium and long term.

However, in examining the problems and prospects of the community bank in the rural development of Nigeria, some prepared Questionnaire were distributed to Ogui Urban Community Bank of Nigeria Ltd. staff in Enugu. Information received from the responses were supplemented with oral interview, personal observation and the review of some related books and journals.

The responses from the returned questionnaire were analyzed and the result of the analysis were later converted into table percentages.

Recommendation were made based on information obtained and some literature reviewed.

Finally, conclusion was drawn on the topic studied.

TABLE OF CONTENT

Title Page

Approval Page

Dedication

Acknowledgement

Abstract

CHAPTER ONE

INTRODUCTION

1.1 Problem Identification and Purpose of Study

1.2 Rationale of the Study

1.3 Significance of the Study

1.4 Background of the Study

1.5 Definition of Terms

CHAPTER TWO

LITERATURE REVIEW

2.1 Theoretical Review

2.2 Empirical Review

CHAPTER THREE

RESEARCH DESIGN

3.1 Hypothesis of the Study

3.2 Research Tools and Procedure

3.3 Source of Data

3.4 Limitation of the study

CHAPTER FOUR

DATA PRESENTATION AND ANALYSIS

4.1 Presentation of the Data

4.2 Analysis of Data

4.3 Discussion of the Result

CHAPTER FIVE

Summary, Conclusion and Recommendation

5.1 Summary of the Study

5.2 Conclusion

5.3 a. Recommendation of the Study

Recommendation for Further Studies

BIBLIOGRAPHY

CHAPTER ONE

INTRODUCTION

1.1 PROBLEM IDENTIFICATION AND PURPOSE OF THE STUDY

The community bank is a financial institution established to carter to the savings and credit needs of small – scale producers throughout the country. Thus, the institution represents the coalescence and modernization of traditional institutions with which most Nigerians are very familiar with, the rotating savings and credit institutions known as “isusu” and the other town union or community development association.

It was clear that inspite of government policy such as the agricultural credit quarantee scheme, conventional commercial banks and even development banking institutions face serious constraints in attending to the credit needs of millions of small producers in which most of whom have no collateral to put down on security.

The purpose of the study in this research includes:

To evaluate the role of Ogui Community Bank in rural development.

To investigate the problems facing the community banking system with special emphasis on community bank.

To make recommendations for the improvement of community banking system represented by Ogui Community Bank.

1.2 RATIONALE OF THE STUDY

The rationale of the study is aimed at helping researchers to evaluate the role of Ogui Community Bank in rural development.

Thus, they enlighten the community on the effective use of credit and other banking services so as to enhance individual, collective and community production and development. It will help them perform non – banking functions that promote grassroots development such as supporting individual, co-operatives and group formation activities, assisting clients in marketing of agricultural, rural, industrial and other products.

Thus, they provide financial and other extension services to clients and other community members.

1.3 SIGNIFICANCE OF THE STUDY

When this project is completed, it will help researchers to work further on areas of development open to community banks.

It will also assist customers of the bank to know the services provided by the bank. Ogui Community Bank Ltd. Could also use it to their own advantage especially with regard to areas where they are lacking.

This study will also help the Community Bank explore other alternatives to improving their services. It will also remind the bank whether they have achieved their mandate.

1.4 BACKGROUND OF THE STUDY

The historical development of the banking industry in Nigeria shows the initial exclusion of the generality of rural community in the provision of banking services. Government has in those days made several but less successful efforts to encourage the spread of banking services to the rural areas.

HOW TO GET THE FULL PROJECT WORK

PLEASE, print the following instructions and information if you will like to order/buy our complete written material(s).

HOW TO RECEIVE PROJECT MATERIAL(S)

After paying the appropriate amount (#5,000) into our bank Account below, send the following information to 08137701720

(1) Your project topics

(2) Email Address

(3) Payment Name

(4) Teller Number

We will send your material(s) after we receive bank alert

BANK ACCOUNTS

Account Name: AMUTAH DANIEL CHUKWUDI

Account Number: 0046579864

Bank: GTBank.

Account Name: AMUTAH DANIEL CHUKWUDI

Account Number: 2023350498

Bank: UBA.

NOTE:

YOU CAN ALSO MAKE A TRANSFER PAYMENT

FOR MORE INFORMATION, CALL:

08137701720

AFFILIATE LINKS: