BANKS’ FINANCING SMALL SCALE BUSINESS UNIT. (A CASE STUDY OF UNION BANK OF NIGERIA PLC ENUGU BRANCH).

ABSTRACT

The purpose of the project is to know to the extent small businesses in Nigeria has been able to obtain loans and advances from Nigeria commercial bank as a major sources finances  to the economy. The term “small scale business” are those small businesses that fall within the category of business with not more than five hundred thousand naira (N500, 000)  as their annual turnover.

The findings of this study will help to make recommendation and suggestions for improvement of the present situations. Also with the findings of the study, the bank will become conscious of the peculiar problems facing importance to the economic recovery and self reliance. 

TABLE OF CONTENTS

Title page………………………………………………………………….    i

Approval page……………………………………………………………     ii

Dedication………………………………………………………………..      iii

Acknowledgement ……………………………………………………….    iv

Abstract……………………………………………………………………    v

Table of contents …………………………………………………………   vi

Chapter one: Introduction

1.0       Background of the study…………………………………………..            1

1.1       Statement of the problem………………………………………….           2

1.2       Objective of the study……………………………………………. 3

1.3       Research Question……………………………………………….. 3

1.4       Scope of the study……………………………………………….. 4

1.5       Significance of the Study………………………………………..              4

1.6       Limitation of the study …………………………………………..   5

1.7       Definition of Terms………………………………………………   5

CHAPTER TWO REVIEW OF HE RELATED LITERATURE     

2.0       Review of the Related Literature………………………………….           8

2.1       The Theoretical Review……………………………………………           8

2.1.1    Empirical Review…………………………………………………   9

2.2       Importance of small scale Business……………………………….          13

2.3       Assistance provided by Financial Institutes in the Development 

of small scale Business…………………………………………..  14

2.3.1    Assistance provided by Commercial Banks………………………           15

2.3.2    Functions of Nigeria Bank for Commerce and Industries (NBCI)…      15

2.3.3    Functions of Agricultural and co-operative Bank (NACB)………..        16

2.3.4    Functions of the Nigerian Industrial Development Bank ( NIDB)…      16

2.3.5    Functions of the people’s Bank of Nigeria (PBN)…………………..      17

2.4       Government policies for promoting small and medium 

scale enterprises……………………………………………………..          17

2.5       The major forms of Financial Assistance…………………………..         18

2.6       Problems facing the small scale Businesses………………………..       20