THE IMPORTANCE OF COMMERCIAL BANK ON THE DEVELOPMENT OF SMALL-SCALE INDUSTRIES IN NIGERIA (A STUDY OF FIRST BANK OF NIGERIA PLC)

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Product Category: Projects

Product Code: 00001308

No of Pages: 44

No of Chapters: 5

File Format: Microsoft Word

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TABLE OF CONTENTS

 

CHAPTER ONE

           1.0             BACKGROUND TO THE STUDY

1.1             INTRODUCTION

           1.2             STATEMENT OF THE RESEARCH PROBLEM

           1.3             RESEARCH QUESTION

           1.4             OBJECTIVES OF THE STUDY

           1.5             SIGNIFICANCE OF THE STUDY

           1.6             SCOPE AND LIMITATION OF THE STUDY

           1.7             DEFINITION OF KEY TERMS

           1.8             ORGANIZATION PLAN OF THE STUDY

 

CHAPTER TWO

           2.0             LITERATURE REVIEW

2.1             SOURCES OF FINANCE FOR SMALL ENTERPRISES

2.2      SOURCES OF LOANABLE FUNDS FOR FIRST BANK OF NIGERIA PLC

2.3      PROBLEMS ENCOUNTERED IN GRANTING LOAN BY FIRST BANK OF NIGERIA PLC.

2.4      IMPACT OF SMALL SCALE INDUSTRIES IN THE ECONOMY FINANCING

2.5      PROBLEMS OF COMMERCIAL BANK IN FINANCING SMALL AND MEDIUM                                                 ENTERPRISES IN NIGERIA

2.6      APPRAISAL OF SMALL AND MEDIUM ENTERPRISES FINANCING BY BANK IN    NIGERIA

2.7    CONCEPTUAL ISSUES OF SMALL BUSINESS IN NIGERIA

 

CHAPTER THREE

           3.0             RESEARCH METHODOLOGY

           3.1             RESTATEMENT OF RESEARCH QUESTION AND HYPOTHESIS

           3.2             RESEARCH DESIGN DATA COLLECTION INSTRUMENT

           3.3             CHARACTERISTICS OF THE STUDY POPULATION AND SAMPLING

           3.4             ADMINISTRATION OF THE DATA COLLECTION INSTRUMENT

           3.5             PROCEDURE FOR PROCESSING COLLECTED DATA

3.6              LIMITATION OF METHODOLOGY

 

CHAPTER FOUR

4.0             DATA PRESENTATION AND ANALYSIS

4.1             DATA PRESENTATION

4.2             MARITAL STATUS STRUCTURE

 

CHAPTER FIVE

           5.0             SUMMARY, CONCLUSION AND RECOMMENDATION

           5.1             SUMMARY OF FINDINGS

           5.2             CONCLUSION

5.3             RECOMMENDATIONS

REFERENCES

 





 

CHAPTER ONE

1.0  BACKGROUND TO THE STUDY

1.1            INTRODUCTION

In developing countries like Nigeria, majority of the population is rural based, so there is the need to give emphasis to the development of small scale and medium scale enterprises to enable the participation of greater segment of indigenous entrepreneurs in the development process. There is evidence to substantiate the argument that the small industrial sector holds a greater capacity to abort large number of workers who have been unable to secure a wage job in the large and capital intensive industrial sector.

There is no doubt that small-scale is the backbone of business activities in Nigeria. More than 50% of business in Nigeria meets the standard of smallness if such high proportions of enterprise group, it cannot provide the desire effects.

Since the establishment of any enterprises whether large medium or small require finance, it is therefore imperative to examine the importance of small require finance, it is therefore imperative to examine the importance of financial institution especially commercial banks in financing of small scale industries in Nigeria financial institution and banks of any forms, pursue identical goals.

They contribute in no small measure to the country macro-economic objectives for the rapid transformation of the economy. Banks particularly contribute significantly to real development through savings and tending process by stimulating savings, mobilization fo funds and by the ability to ensure the most efficient transformation of the savings into real output.

The important of banks is primarily to transform the economy depends largely on the development of small scale industries in the country and realizing this, they rose up additional sources of capital ventures especially to small-scale industries to encourage and contribute to the development of small scale industries.

 

1.2     STATEMENT OF THE RESEARCH PROBLEM

The focus of this study by the researcher is to identify the important of commercial bank to the growth of small scale business in Nigeria, in the course of the study; effort has been made to find solution to the following research problem.

            i.            What is the historical background of the development of small-scale business in Nigeria?

         ii.            What are the importance of small-scale business in Nigeria?

       iii.            What is the effect of small-scale on the Nigeria economy?

       iv.            What is the impact on development of small scale industries?

         v.            What are the problems facing the development directives to small-scale industries?

 

1.3     RESEARCH QUESTION

The study approach to be adopted in this work would be based primary on secondary method of data collection, most of the work in this research would be based on the primary data collected like Journals, Annual Report, Magazines, Textbooks, Financial papers, interest and other material collected in the library while the secondary data were collected through the interview.

QUESTIONNAIRE, PANELS

                     i.            What is small scale entrepreneur?

                     ii.            What is small scale business?

                     iii.            How can we invest in the small scale business?

                     iv.            How can we be developed in the small scale business

                      v.            How can we developed in the small scale business?

                     vi.            What can be the consequence of the small scale business?

           vii.            How can we risk positive in the scale business?

           viii.            What are the business in the small scale business?

 

1.4     OBJECTIVES OF THE STUDY

This research mainly focuses on the importance of financial institution to the development of small-scale industries in Nigeria.

To the researcher:

                      i.            It helps in proving an existing fact

                    ii.            It helps them to find out fact

                iii.            It helps to interpret the findings of other by ways of synthesis of material to support conclusion.

To the government

                      i.            It improves their contribution of small-scale

                     ii.            It expatiates the meaning of small-scale to them

To the business men and women

                     i.            It gives them an insight into their problem and how to solve them in order to achieve their aim objectives.

 

1.5     SIGNIFICANCE OF THE STUDY

It is believed that the information gathered from this study is of immense values to the academic community management of the banks the researcher, government and also to businessmen and women.

To the bank, it helps them to improve on their performance especially in the area of loan and advances to small-scale industries.

 

1.6     SCOPE AND LIMITATION OF THE STUDY

The researcher intends to carryout research on importance of commercial bank on the development of small-scale industries in Nigeria with emphasis of FIRST BANK OF NIGERIA PLC.

The research is in historical and case study research which has been contrail to insufficient finance, lack of enough time, lack of co-operative from the respondent and the case study.

However, effort has been made to ensure that the above limitation do not hinder effective completion and quality of research work.

i.                   To highlight reason for establishing small-scale industry in Nigeria.

ii.                 To expatiate the impact and import of commercial bank

iii.              To enumerate the effect of small-scale industries on the Nigeria economy

iv.              To mention the impact of development on the small-scale industries

v.                 To discuss the steps involved in the successful of small-scale industries

vi.              To critically examine the likely problem of small-scale industries.

 

1.7     DEFINITION OF KEY TERMS

DEFINITION OF SMALL SCALE BUSINESS

Small scale business can be defined in terms of numbers employees, the rate of return the amount of capital, if employs or the amount of Net Profit before tax and its market share.

DEFINITION OF BANK

A bank can be defined as and “Institution for the keeping, lending and exchanging of money”.

DEFINITION OF COMMERCIAL BANK

Commercial bank may be defined as a financial institution set up for keeping and lending money to people owned by individuals” organization or government for the main purpose of making profit.

FINANCIAL INSTITUTION

Its refers to all business organization which hold money for individuals and institutions and may borrow from them in order to give loan or make other investment.

BUSINESS ORGANIZATION

Business organization van be defines as an enterprise set up by an individual or group of individuals, government or its agencies for the main purpose of making profit and providing goods and services for the satisfaction of human want.

ENTERPRISES

The power to buy goods to be used in the production of other goods or the offering of a services.

FINANCIAL SYSTEM

Financial system can be defined as a family of rules and regulation and the trap of financial aggregate in institution, agents and the mechanism where they relates together or to each other within the financial sector.

BUSINESS IDEA

Business idea can be defined as the response of a person (s) or organization to solving an identified problem or meeting perceived needs in the environment (market, community)

FIRM

Firm may be defined as an independently administered business unit which is capable of carryout production construction or distribution activities.

RELATIONSHIP BETWEEN BANKER AND CUSTOMER

Primarily, the relationship between the banker and customer is founded on contract when the customer deposit money into is account, such transaction meets with offer and acceptance condition of a contract.

BANKER

Banker is a body of persons whether incorporated or not who carry on the business of banking.

CUSTOMER OF A BANK

Customer is a person who has entered into a contract with a banker for the opening an account in his name.

PUBLIC LIMITED COMPANIES PLC

Public limited companies plc is the largest forms of business organization.

 

1.8     ORGANIZATION PLAN OF THE STUDY

The research work has been divided into chapters for ease of presentation of the fact and figures gathered.

Chapter one contains the introduction, statement of research problem, research question, objectives of the study, research hypothesis, significant and justification of the study, scope and limitation of the study, definition of key terms organization and plan of the study.

Chapter two treats past and current literature review which include; Historical Background of the case study, sources of finance for small-scale enterprises, sources of an able funs for first bank, problems encountered in granting loan by First Bank Nigeria Plc, impact of small-scale industries in the economy financing,  problem of commercial bank in financing small and medium enterprise in Nigeria Appraisal SME Financing by banks in Nigeria, conceptual issues of small-scale business in Nigeria.

Chapter three highlights research methodology and case effort of an the which include: restatement of research question and hypothesis, research design and data collection instrument, characteristics of the study population and sampling, administration of the data collected instrument procedures for processing, collecting data, limitation of the methodology.

Chapter four, focuses on the data presentation and analysis, presentation and analysis of data to test hypothesis, presentation and analysis according to research question.

Chapter five, throws light on the findings, summary, conclusion and recommendation, reference.



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