Home»Business Administration and Management» The role of the banking sector in the development of Nigerian economy - case study of Eco and Fidelity bank Plc Owerri

The role of the banking sector in the development of Nigerian economy - case study of Eco and Fidelity bank Plc Owerri

 Department: Business Administration and Management  
 By: usericon GodFirst  

 Project ID: 5877
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This study examines the role of the banking sector in the development of the Nigerian economy with Fidelity and Eco bank Plc as case study. Chapter two which is the literature review discussed the concept of the Nigerian banking sector, the services rendered by banks for the development of the economy which includes: granting of credit to finance small or micro business ventures in the private sector. Chapter three refers to the research methodology in which primary and secondary data were used. The method of data collection includes questionnaires and oral interviews. The researcher used Yaro Yamesn’s formula (n  N/1+N(e)2)  to determine the sample size which is 60, where 12.8%  was used as an estimated error. In chapter four, 40 questionnaires were retrieved from 80 administered to senior and junior staff of my case study banks (40 each). The findings in this chapter revealed that the role played by the banking sector is fundamental to the development of the Nigerian economy and that the Nigerian banking industry has a positive impact on enhancing productivity in the real sector of the economy. The chapter five involves the summary, conclusion and recommendations, where I recommended that the government through its regulatory monetary authority should recommend the liberal credit guidelines to banks in the economy so that they can grant more credit to the various sectors of the economy.   ...
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