Below is a brief overview of this Project Work.
Format: MS WORD
| Chapters: 1-5
| Pages: 76
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Concerted efforts were m ad for many years to involve sub- urban and rural people in Nigeria in modern banking practices. Apart from encouraging the establishment of commercial banks, merchant banks, specialized development bank were created focusing or mortgages Agriculture, savings, co- operatives and other specific areas. Beyond this, rural branches were mandatory for the commercial bank so that the interest of the rural people could be catered for.
In spite of these efforts, the rural people could not fit into conventional banking system as they aye required to fill several forms, obey certain rules and are generally made to feel lost as their request for credit facilities are never met.The problem persisted over the years and has led the government and some of agencies to seek acceptable solution to the problem. The central Bank of Nigeria mandated that specific number of rural branches of commercial banks be opened. This directive was complied with, but proved ineffective as the low –level education and outright illiteracy of the rural people have made them unable to understand the complex and sophisticated operations.
INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Concerted efforts were m ad for many years to involve sub- urban and rural people in Nigeria in modern banking practices. Apart from encouraging the establishment of commercial banks, merchant banks, specialized development bank were created focusing or mortgages Agriculture, savings, co- operatives and other specific areas. Beyond this, rural branches were mandatory for the commercial bank so that the interest of the rural people could be catered for.
In spite of these efforts, the rural people could not fit into conventional banking system as they aye required to fill several forms, obey certain rules and are generally made to feel lost as their request for credit facilities are never met.The problem persisted over the years and has led the government and some of agencies to seek acceptable solution to the problem. The central Bank of Nigeria mandated that specific number of rural branches of commercial banks be opened. This directive was complied with, but proved ineffective as the low –level education and outright illiteracy of the rural people have made them unable to understand the complex and sophisticated operations.
How to Download the Full Project Work for FREE
- You can download the Full Project Work for FREE by Clicking Here.
- On the other hand, you can make a payment of ₦5,000 and we will send the Full Project Work directly to your email address or to your Whatsapp. Clicking Here to Make Payment.