THE IMPACT OF COMMERCIAL BANKS IN RURAL DEVELOPMENT (A CASE STUDY OF UNION BANK OF NIGERIA PLC)

THE IMPACT OF COMMERCIAL BANKS IN RURAL DEVELOPMENT

(A CASE STUDY OF UNION BANK OF NIGERIA PLC)

TABLE OF CONTENT

Title page

Approval page

Dedication

Acknowledgement

Abstract

Table of content

CHAPTER ONE

1.1         Introduction

1.2         Objective of study

1.3            Statement of problem

1.4         Research hypothesis

1.5         Significance of study

1.6         Research question

1.7         Scope and limitation

1.8         Definition of terms

CHAPTER TWO

2.1            Review of related literature

2.2         Historical background

2.3         Commercial banks and the rural sector

2.4            The role union bank of Nigeria plc play in the development of rural

areas

2.5         Commercial banks and their social responsibility

2.6      Commercial banks and the development of banking habit

2.7      Commercial banks and the development of small scale enterprises and agriculture

CHAPTER THREE

RESEARCH DESIGN AND METHODOLOGY

3.0         Sources of data

3.1            Primary source

3.2            Secondary source

3.3            Instrumentation

3.4            Research population

3.5            Research method and design

3.6            Distribution/ collection of questionnaire

3.7            Analytical tool

CHAPTER FOUR

Data prevention, Analysis and interpretation

4.1            Data presentation

4.2            Analysis of questionnaire

4.3            Test hypothesis

CHAPTER FIVE

Summary of finding, conclusions and recommendations

5.1            Summary of findings

5.2            Conclusion

5.3            Recommendation

Appendix

Bibliography

CHAPTER ONE

INTRODUCTION

In this present world, all nation want its rural urban areas to be developed, with this perspective policies are being formulated to ensure its achievement of that country.  For instance, in Nigeria a great number of people live in the rural areas and so the  federal, sate and local government are very much concerned in the issue of developing these rural areas.

Development  as it effects the rural people differs in many respects from those of the urban poor and poverty alleviation programm targeted at the rural poor must take into account those difference if the failure is to be substantially reduced.

Poverty and some economic deprivations characterize rural life. The people are peasant farmers who produce a high percentage of the nations crops and yet there is an significant  development of these rural areas. Rural areas are characterized by bad roads, inadequate water supply, epileptic electricity supply, unequipped hospital among other things.

However, rural development has been given various interpretations by areas that belittled the colonial government. The colonial master jut made sure that there was easy exploration of the economy that is movement  of natural resource from rural areas to cities and parts of Britain. With that they neglected the conditions of the rural areas. Since then effort have been made to correcct the situation.

The development of rural areas was interpreted to mean the development  of agriculture. The belied. Was that since the main occupation of the rural people was in agriculture, to develop the rural areas means improving agricultural production. Seeing the importance of banking government in 1977, introduced the rural banking scheme to cultivate banking habit among rural dweller. The scheme was to mobilize savings from rural areas for the purpose of channeling same to profitable ventures and  are credits by ways   of equity and loan for small scale industries and to reduce the movement of young men and women from rural areas to urban areas.

After that, national development strategy with emphasis on the alleviation of rural problems and the enhancement of the quality of rural life. Thus the establishment of directorate of foods, road and rural infrastructures (DFRRI) in 1986.

Apart from facilities, banking services should be inculcated because some of the previous development banking  policies failed to  yield tangible result owning to many factors of which finance was the major one. The availability of finance resource in the right quantum  and at the right time determines to a large extent the development or failure of the area.  The commercial banks are in the position to do that.

1.2            STATEMENT OF PROBLEM

In an effort to check the problem associated the rural development, the federal government through the central bank of Nigeria (CBN) made it mandatory   for commercial bank to open and operate branches office in rural areas.

Commercial banks  are privately  owned banks. The owner purposely establish them for  profit  making. Those commercial banks contributed  to the development of rural areas especially union bank of Nigeria Plc. The amount of finance the banks give to rural areas are small and  so their contribution towards the development of rural areas in minimal.

There are many reason that accounted for this the nature of commercial banks business. They are reluctant to lend to the rural dwellers who in most cases  do

HOW TO GET THE FULL PROJECT WORK

PLEASE, print the following instructions and information if you will like to order/buy our complete written material(s).

HOW TO RECEIVE PROJECT MATERIAL(S)

After paying the appropriate amount (#5000) into our bank Account below, send the following information to

08068231953 or 08168759420

(1)    Your project topics

(2)     Email Address

(3)     Payment Name

(4)    Teller Number

We will send your material(s) immediately we receive bank alert

BANK ACCOUNTS

Account Name: AMUTAH DANIEL CHUKWUDI

Account Number: 0046579864

Bank: GTBank.

OR

Account Name: AMUTAH DANIEL CHUKWUDI

Account Number: 2023350498

Bank: UBA.

HOW TO IDENTIFY SCAM/FRAUD

As a result of fraud in Nigeria, people don’t believe there are good online businesses in Nigeria.

But on this site, we have provided “table of content and chapter one” of all our project topics and materials in order to convince you that we have the complete materials.

Secondly, we have provided our Bank Account on this site. Our Bank Account contains all information about the owner of this website. For your own security, all payment should be made in the bank.

No Fraudulent company uses Bank Account as a means of payment, because Bank Account contains the overall information of the owner

CAUTION/WARNING

Please, DO NOT COPY any of our materials on this website WORD-TO-WORD. These materials are to assist, direct you during your project.  Study the materials carefully and use the information in them to develop your own new copy. Copying these materials word-to-word is CHEATING/ ILLEGAL because it affects Educational standard, and we will not be held responsible for it. If you must copy word-to-word please do not order/buy.

That you ordered this material shows you have agreed not to copy word-to-word.

FOR MORE INFORMATION, CALL:

08068231953 or 08168759420

Visit any of my project websites below:

www.easyprojectmaterials.com

www.easyprojectmaterials.com.ng

www.easyprojectmaterial.net

www.easyprojectmaterial.net.ng

www.easyprojectsolutions.com

www.worldofnolimit.com

www.worldofnolimit.com

www.nairaproject.com.ng

www.nairaprojects.com.ng

www.nairaproject.net

www.nairaprojects.net

www.uniproject.com.ng

www.uniprojects.com.ng

Tags: THE IMPACT OF COMMERCIAL BANKS IN RURAL DEVELOPMENT (A CASE STUDY OF UNION BANK OF NIGERIA PLC)

Author: daniel