THE ROLE OF COMMERCIAL BANKS IN THE DEVELOPMENT OF SMALL SCALE ENTERPRISES

ABSTRACT 

In the last fifteen years Nigeria has been experiencing the most serious small – scale crisis. The first major factor that put the country’s small – scale on the tendons position was the main stay of the economy. Nigeria being among the major producer of crude oil, suffered adversely from the effects of hurt in the wide oil market. Nigeria depend on oil exportation for over 90% of its foreign exchange earning and 85% it government revenue. I also observed that if banks declare huge profit in a year, it is for the benefit of the small – scale industries since part of it is invested in preferred sector of the economy. a case in point in the natural housing funds decree of 1990 which require banks and insurance companies to invest an amount equipment to not less than 10% of their loan and advance rate. Such policy, it must be enforced should cut policy, it must be enforced cut across all sectors of small-scale industries. All these tend to imposed restrictions on banks and limit their performance. 

TABLE OF CONTENTS 

Title Page --------i

Declaration --------ii

Approval page --------iii

Dedication --------iv

Acknowledgment-------v

Abstract---------vi

Table of Contents-------vii

CHAPTER ONE 

1.1Introduction -------1

1.2Statement of the General Problems ---2

1.3Objectives of the essay -----5

1.4Significance of the study -----6

1.5Scope of the study ------7

1.6Definition of Terms------8

CHAPTER TWO 

2.0Literature Review ------10

2.1Historical background of Commercial Bank -21

2.2Functions of Bank in the Economy----14

2.3CBN Regulation on Commercial Banks --14

2.4The Business Environment and Future Prospect -22

CHAPTER THREE 

3.0Summary of finding ------23

3.1Summary --------24

3.2Conclusion -------26

3.3Recommendation------27

Reference: -------32