1.1 INTRODUCTION
The idea of establishing indigenous development financial institutions was mooted after the establishment of the Central Bank of Nigeria (C.B.N) on first July, 1959 after the bank failure of the early 1950’s.
During this time, it became obvious that there was an urgent need for financial institution capable of providing medium and long term capital to full up serious gaps in the financial system/ struction of the economy.
As a result of this need arose to create special institutions for special purpose, the special purpose being development in the widest sense of the term. There was a need to create institution that could undertaken investment where the private investor might for the times being so reluctment to go and create atmosphere in a private investor where they will find the risk of investment considerably reduce if not wiped out entirely. The need is to stimulate the private sector of the economy and also with the promotion and finance of an enterprises by the provision of long term and medium term fiancé was accepted.
TABLE OF CONTENT
Cover page
Title page
Approval page
Acknowledgement
Table of content
CHAPTER ONE
1.1 Introduction
1.2 Purpose of the study
1.3 Significance of the study
1.4 Scope and delimitation
1.5 Definition of terms
CHAPTER TWO
2.1 Banking Role
CHAPTER THREE
3.1 Recommendation
3.2 Conclusion
3.3 Bibliography
Disclaimer: Note this academic material is intended as a guide for your academic research work. Do not copy word for word. Note: For Computer or Programming related works, some works might not contain source codes
CITE THIS WORK
(2014, 11). The Role Of Financial Institution In A Development Economy.. ProjectStoc.com. Retrieved 11, 2014, from https://projectstoc.com/read/5091/the-role-of-financial-institution-in-a-development-economy-3538
"The Role Of Financial Institution In A Development Economy." ProjectStoc.com. 11 2014. 2014. 11 2014 <https://projectstoc.com/read/5091/the-role-of-financial-institution-in-a-development-economy-3538>.
"The Role Of Financial Institution In A Development Economy.." ProjectStoc.com. ProjectStoc.com, 11 2014. Web. 11 2014. <https://projectstoc.com/read/5091/the-role-of-financial-institution-in-a-development-economy-3538>.
"The Role Of Financial Institution In A Development Economy.." ProjectStoc.com. 11, 2014. Accessed 11, 2014. https://projectstoc.com/read/5091/the-role-of-financial-institution-in-a-development-economy-3538.
- Related Works
- Problems Of Personal Income Tax Generation And Administration In Enugu State (a Case Study Of Internal Revenue Enugu North)
- Financial Statement Analysis As A Bank Lending Tools
- Impact Of Supervision On Effective Bank Management
- Taxation And Its Effect On The Nigerian Economy (a Case Study Of Enugu State Tax System)
- Importance Of The Stock Exchange In Promoting National Growth And Development
- An Assessment Of The Accounting System In Private And Public Sector Establishment (a Case Study Of Nigerian Breweries Plc 9th Mile Corner Enugu And Federal Ministry Of Solid Minerals Development Enugu).
- Nigerian Financial System As The Prime Mover Of Economic Activities As Study Of Nigerian Bank For Commerce And Industry In Enugu State
- An Appraisal Of Internal Control System On Large Firm (a Case Study Of Emenite Ltd Enugu)
- The Challenges Of Internal Audit Function In The Nigerian Public Sector (a Study Of Kaduna State Ministry Of Finance.)
- Effects Of Bank Failure In Nigeria