Wednesday 9 April 2014

THE ROLE OF COMMERCIAL BANKS IN THE ECONOMIC GROWTH AND DEVELOPMENT IN NIGERIA

ABSTRACT
The research work is meant to investigate the role of commercial banks in the economic growth and development of Nigeria. Chapter one was introduction, brief historical background of study, purpose of study, statement of problem, hypothesis, significant of the study, limitation and definition of terms. Chapter two was literature review. Chapter three was dissents steps taken by the researcher in the order in which they were carried out. Data collected were analyzed in chapter four. In chapter five, the summary, conclusion and recommendations were made. The recommendation are; ways must be found to channel funds currently outside the banking system into invisible pools and much as the paper does not suggest the ideas of state government and its agents using the banks as their only banker, they should however, appreciate the need for sufficient patronage and the banks should recognize it as a likely problem they are to solve. The conclusion drawn was that commercial banks is one of the key agent in the whole process of growth and development because they do not only facilities economic growth and development of Nigeria but also speed up the process of economic development in Nigeria.

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