THE ROLE OF COMMUNITY BANKS ON THE DEVELOPMENT OF RURAL COMMUNITIES
Sold By: Joe Project Store | Item Type: Project Material | Report this? | Attributes: 45 pages | 1-5 chapters | Amount: ₦5,000 | Marked useful: 3,898 times
Delivery: Within 24 hoursTHE ROLE OF COMMUNITY BANKS ON THE DEVELOPMENT OF RURAL COMMUNITIES
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
CHAPTER ONE
1.1 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.
1.2 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.
This material content is developed to serve as a GUIDE for students to conduct academic research
Delivery: Within 24 hours
Advertise Here
Not what you were looking for? Perform a search
What's your project topic?
Comment on Facebook:
Related Project Materials
- 1.
THE IMPACT OF COST REDUCTION TECHNIQUES ON THE PROFITABILITY OF MANUFACTURING COMPANIES
CHAPTER ONE INTRODUCTION 1.1 Background to the Study The proficiency of a company in cost management significantly influences its trajectory of exp...More »
Item Type: Project Material | 54 pages | 297 engagements |
- 2.
AN EXAMINATION OF THE RELATIONSHIP BETWEEN INVENTORY MANAGEMENT AND ORGANIZATIONAL PROFITABILITY IN ...
CHAPTER ONE INTRODUCTION Background of the study A critical constituent of current assets is inventory. It constitutes approximately 60% of its ove...More »
Item Type: Project Material | 54 pages | 168 engagements |
- 3.
THE IMPACT OF FINANCIAL LITERACY ON THE PERFORMANCE OF SMALL SCALE ENTERPRISES IN CAMEROON
CHAPTER ONE INTRODUCTION 1.1 Background to the Study Small scale enterprises' (SSEs) contribution to the national economy should not be undervalued...More »
Item Type: Project Material | 54 pages | 1,540 engagements |
- 4.
THE EFFECT OF GOOD RECORD MANAGEMENT IN ORGANIZATIONAL PERFORMANCE IN CAMEROON
CHAPTER ONE INTRODUCTION Background of the study Since time immemorial, information has been considered an essential resource for all types of orga...More »
Item Type: Project Material | 54 pages | 745 engagements |
- 5.
A STUDY ON THE IMPLICATIONS OF ETHICS IN FINANCIAL REPORTING ON MONEY DEPOSIT BANKS IN LAGOS
CHAPTER ONE INTRODUCTION 1.1 Background of the Study The idea that an entity's financial statements are subject to a set of rules dictated by estab...More »
Item Type: Project Material | 54 pages | 850 engagements |
- 6.
AN APPRAISAL OF GLOBAL HEALTH INITIATIVE IN RESPONSE TO PREVENTION TO PANDEMIC DISEASE IN NORTH WEST...
CHAPTER ONE INTRODUCTION Background of the study The Global Health Initiative (GHI) aims to enhance the effectiveness and influence of all U.S. for...More »
Item Type: Assignment | 54 pages | 1,137 engagements |