Assessment Of The Impact Of Non Bank Financial Institutions On Capital Formation of Informal Manufacturing Firms:- Onyekachi, Iheanacho
ABSTRACT
Banks arc so
prominent in the Nigeria economy that non-bank financial institutions (NBFls)
arc hardly noticed. It is against tills background that this study sets out to
assess the impact of non bank financial institutions (NBFIAs) on capital
formation of informal manufacturing firms. To assess their impact, the study
data obtain from CBN statistleal Bulletin and 2009 publications of come star
manufacturing company. Regress analysis and Pearson’s correlation technique
were used to analyses data and test hypotheses. Findings indicate that non-bank
financial institutions have a significant impact on the capital formation of
informal manufacturing firms .In order to fill up structure gaps, it was recommended
that non-bank financial institutions should extend their credit to the informal
manufacturing firms which are rural based in Abia state and that more informal
manufacturing firms in Abia state should enlisted in the Nigerian stock
exchange so as to gain access to capital formation via equity hares and other
securities.
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ONYEKACHI, I (2023). Assessment Of The Impact Of Non Bank Financial Institutions On Capital Formation of Informal Manufacturing Firms:- Onyekachi, Iheanacho. Repository.mouau.edu.ng: Retrieved Apr 28, 2024, from https://repository.mouau.edu.ng/work/view/assessment-of-the-impact-of-non-bank-financial-institutions-on-capital-formation-of-informal-manufacturing-firms-onyekachi-iheanacho-7-2
IHEANACHO, ONYEKACHI. "Assessment Of The Impact Of Non Bank Financial Institutions On Capital Formation of Informal Manufacturing Firms:- Onyekachi, Iheanacho" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 20 Dec. 2023, https://repository.mouau.edu.ng/work/view/assessment-of-the-impact-of-non-bank-financial-institutions-on-capital-formation-of-informal-manufacturing-firms-onyekachi-iheanacho-7-2. Accessed 28 Apr. 2024.
IHEANACHO, ONYEKACHI. "Assessment Of The Impact Of Non Bank Financial Institutions On Capital Formation of Informal Manufacturing Firms:- Onyekachi, Iheanacho". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 20 Dec. 2023. Web. 28 Apr. 2024. < https://repository.mouau.edu.ng/work/view/assessment-of-the-impact-of-non-bank-financial-institutions-on-capital-formation-of-informal-manufacturing-firms-onyekachi-iheanacho-7-2 >.
IHEANACHO, ONYEKACHI. "Assessment Of The Impact Of Non Bank Financial Institutions On Capital Formation of Informal Manufacturing Firms:- Onyekachi, Iheanacho" Repository.mouau.edu.ng (2023). Accessed 28 Apr. 2024. https://repository.mouau.edu.ng/work/view/assessment-of-the-impact-of-non-bank-financial-institutions-on-capital-formation-of-informal-manufacturing-firms-onyekachi-iheanacho-7-2