THE IMPACTS OF DEVELOPMENTAL BANKING SYSTEM ON NIGERIA ECONOMY, (A CASE STUDY OF UNITED BANK FOR AFRICA UBA ENUGU STATE
ABSTRACT
This work on developmental Banking system on what extent it impact on the Nigerian economy, a case study of UBA plc, will be done to ascertain to what capacity do the Bank Influence and also develop in the inhabitant of our economic activities revoking on awareness and influence of there style of living things in banking system and how successful has bank measuring up to their purpose of existence. Chapter One is an introductory aspect of the study it contains item like statement of the problem, purpose of study, scope, limitation and definition of terms. Chapter two, expounded knowledge of the review of related literature, where with theories with understanding. Chapter three is concerned on research design and methodology. This chapter tried to justify the method of data collection method of data presentation which is essential in the research method. Chapter four, deals on the data presentation and analyses delving in the financial statement. Chapter five, will dwell with the findings conclusion recommendation and appendix.
TABLE OF CONTENT
Approval page ii
Dedication iii
Acknowledgement iv
Abstract v
Table of content vi
List of tables x
1.1 Background of the study 1
1.2 Statement of the problem 2
1.3 Objective of the study 3
1.4 Hypothesis 3
1.5 Research Question 5
1.6 Significance of the study 5
1.7 Scope of the study 6
1.8 Limitation of the study 8
1.9 Definition of terms 8
CHAPTER TWO: REVIEW OF RELATED LITERATURE
2.1 The aspects of bank marketing awareness
and acceptance 18
.2.2 The roles/responsibility of the banking system in
Nigeria 19
2.3 Rural Banking for Agricultural Development 22
2.4 The Impact of rural information rural banking 24
2.5 Rural Banking and other development 26
2.6 The rural banking scheme 28
CHAPTER THREE RESEARCH DESIGN AND METHODOLOGY
3.1 Sources of data collection 38
3.2 Area and population of study 39
3.3 Secondary sources 41
3.4 Organization and Analyzing gathered date 41
4.1 Presentation and analysis of Questionnaire 42
4.2 Test of Hypothesis 62
5.1 Summary 64
5.2 Conclusion 68
5.3 Recommendation 70
Reference
Appendix
LIST OF TABLE
4.1.1 What type of class of the customers of the bank usually
accessible among the rural dwellers with relation to their occupation?................................................................43
4.1.2 To what extent was these organization impacted positively
on the implementation of the rural banking scheme on the rural dwellers when compared with UBA as an organization. ………………………………….………………………………………………………….45
4.1.3 What type of facilities have you applied for…………..…………46
4.1.4 Do you think that your community has benefited from the
presence of banking in your areas?...............................47
4.1.5 Would you want the rural banking programme to be
extended other village in your locality?..........................48
4.1.6 The presence of branch bank in your locality……………………49
4.1.7 To what extent has this impact been felt?......................51
4.1.8 What hierarchy of [Rural] banking is your bank given…….52
4.1.9 How would you rate the level of profitability from the
branch?......................................................................53
4.1.10 Which of these areas would you give in improving the
profit of your branch…………………………………………………………….54
4.1.11 Sequential quest of loan in the bank ………….………………….55
4.1.12 Social activities engaged by the banking in your
locality?.....................................................................56
4.1.13 A showcase of the general evolution on the
programme of banking system……………………………………….…57
4.1.14 Suggest the way forward on banking…………………………...58
CHAPTER ONE: INTRODUCTION
1.1 BACKGROUND OF THE STUDY
Banking service when it was introduced into Nigeria economy it had bring development to the doorstep of every citizen which 70 to 80 percent of Nigerians lives depends in socio-economical livelihood since partly phase of the banking system had impacted in the country development.
This phase of development have revolved between rural areas and the urban areas. Money is said to be a life wire of civilization in a country. This means that money needs to be properly managed and controlled in the banking sector to accomplish these development aims.
Agriculture is the second major sources that generate revenue to Nigeria government after oil industry. The phase of the rural area which do undertook these agricultural activities have not felt any positive impact on the developmental plans but rather it had been recorded a decline in agricultural productivity.
Hence, the banking industries as one of every country’s sector have a controlling impact on the spurred banking not only to the urban cities but also in rural areas.
1.2 STATEMENT OF RESEARCH PROBLEMS
Commercial bank is a profit making organization, hence there is a great panic in establishing such in rural area may not be reality if service of commercial banks are not at the reach of our rural dwellers.
Therefore, the problem are:
i. How to resolve the profit motive of the rural commercial banks and the essential services being rendered to the rural dwellers.
ii. To what extent have the commercial banks involved the rural dwellers in the economic activities in terms of awareness and sensitization
1.3 OBJECTIVE OF THE STUDY
This study if aimed at investigating the impact of banking system via service that should be rendered by commercial banks other purpose of carrying out this study include:
i. To evaluate the entire economic activities of the rural areas.
ii. To ascertain the present farmers whether they are acquainted into efficient and effective co-operative groups or associations, small and medium scale farmers and integrated rural communities
iii. To evaluate how effective activities are realized in rural areas of the country.
iv. Finally, to suggest the way forward as sine-question to government rural banking thereby, having the desired developmental impacts on the rural are in Nigeria.
1.4 Hypothesis
H0: The organization are not impacting positively on the implementation of the rural banking scheme on the rural dwellers when compared with UBA as an organization.
H1: The organization are impacting positively on the implementation of the rural banking scheme on the rural dwellers when compared with UBA as an organization.
H0: The community are not benefiting from the presuce or banking in your area
H1: The community are benefiting from the presuce or banking in your area
H0: There is no general assessment of rural banking system programme in Nigeria.
H0: There is general assessment of rural banking system programme in Nigeria.
1.5 RESEARCH QUESTION
1. Does the organization impacting positively on the implementation of the rural banking scheme on the rural dwellers when compared with UBA as organization?
2. Does the community benefiting from the presence or banking in your area?
3. Does the general assessment of rural banking system programme in Nigeria
1.6 Significance of study
A developing country such as Nigeria, 70 percent of her population depends on rural productivities. The rural dwellers who are mostly farmers require loans, to reduce hardship involved in acquiring the input as well as cultivating their farms. This explains the banking system is of high important in the rural phase.
The study, hence because significant to direct the evolution of the effect of growth in rural banking activities, influencing the rural inhabitants, which is criteria aimed by measuring economic standard.
The study is also significant to indicate to what extent the rural banking system in Nigeria has been successful. Conventional economist and analyst suggested that by supplying food, labour and invisible script us the rural areas will improved in generating urban income and employment as well as and to stabilize the speed investment if not reduce in production cost for industries and in cost of the existence of commercial banks in the rural areas.
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