An Appraisal Of The Role Of Commercial Banks In Rural Development In Nigeria
ABSTRACT
The main objective of this study is to ascertain the role of commercial banks on rural development in Nigeria. The specific objective are to examine the trend in rural development of Nigeria and the trend in commercial bank lending as well as to examine .the relationship between commercial bank credit facilities and rural development. The data for this study was obtained from the Central Bank of Nigeria Statistical bulletin. The method of data analysis adopted in this study are descriptive statistics, multiple regression and correlation analysis. The variables considered in this study are rural contribution to GDP, commercial bank credit to rural areas, commercial bank loan to Agriculture, commodity bank loan to rural areas, rural deposits with commercial bank and rural branch of commercial bank. Commercial bank credit was observed to have a positive significant role in the development of the rural areas.
there• should mr: to
increase the level of rural development.
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NWOKOCHA, E (2021). An Appraisal Of The Role Of Commercial Banks In Rural Development In Nigeria. Repository.mouau.edu.ng: Retrieved Dec 23, 2024, from https://repository.mouau.edu.ng/work/view/an-appraisal-of-the-role-of-commercial-banks-in-rural-development-in-nigeria-7-2
ERNEST, NWOKOCHA. "An Appraisal Of The Role Of Commercial Banks In Rural Development In Nigeria" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 22 Jun. 2021, https://repository.mouau.edu.ng/work/view/an-appraisal-of-the-role-of-commercial-banks-in-rural-development-in-nigeria-7-2. Accessed 23 Dec. 2024.
ERNEST, NWOKOCHA. "An Appraisal Of The Role Of Commercial Banks In Rural Development In Nigeria". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 22 Jun. 2021. Web. 23 Dec. 2024. < https://repository.mouau.edu.ng/work/view/an-appraisal-of-the-role-of-commercial-banks-in-rural-development-in-nigeria-7-2 >.
ERNEST, NWOKOCHA. "An Appraisal Of The Role Of Commercial Banks In Rural Development In Nigeria" Repository.mouau.edu.ng (2021). Accessed 23 Dec. 2024. https://repository.mouau.edu.ng/work/view/an-appraisal-of-the-role-of-commercial-banks-in-rural-development-in-nigeria-7-2