PROPOSAL
This research work was an attempt
to examine on “the role of commercial Bank in small scale business financingâ€.
The major source of data is based
on secondary data. Commercial Bank are privately owned banks, they are
established for the purpose of making profit for their owners and small scale
in one of last link in the chain of distribution examples are hawkers, road
side seller and so on.
They are owned by individual, it is
small business established with small amount of capital.
Commercial banks performs the
following role to the small scale business by providing loan to them, grant
overdraft, finance hire purchase transaction accepting deposits and so on.
Finally, the research recommended
highly on various contribution of commercial bank on the effective running of
this small scale business by providing them with all they needs to carry on
business effectively.
ABSTRACT
New products are developed in the
Banking industry to meet the ever-growing needs of customers.
In this research work, the research
choose four of the products, measured the extend to which they have been able
to satisfy the customers. The products selected are SMALL CARD, INTERNATIONAL
MONEY TRANSFER, EDUCATIONAL SCHEME AND INTEGRATED BANKING NETWORK TRANSACTION.
Data collected through
questionnaire are presented in tabular form and percentages and pie chart are
needed to analyze them. The research work revealed that the product has been
able to satisfy the customer to a very high level. It was also discovered that
customers patronize product which involves fund transfer and the most prominent
reason for their patronize is based on the convenience. The introduction of the product has improved
the profitability of the bank.
TABLE OF CONTENT
PAGES
TITLE PAGE:………………………………………………………..i
APPROVAL
PAGE:………………………………………………….ii
DEDICATION:………………………………………………………...iii
ACKNOWLEDGEMENT:………………………………………………iv-v
PROPOSAL:……………………………………………………………….vi
TABLE OF
CONTENT:…………………………………………………….vii
CHAPTER ONE
1.0
INTRODUCTION:………………………………………………………..1
1.1 BACKGROUND OF THE
STUDY:……………………………………1
1.2 STATEMENT OF THE PROBLEM AND
OBJECTIVE OF THE STUDY:……………………………………………………………………….2
1.3 SIGNIFICANT OF THE
STUDY:………………………………………2
1.4 SCOPE AND LIMITATION OF THE
STUDY:…………………………3
1.5 DEFINITION OF
TERMS:……………………………………………….3
REFERENCE:………………………………………………………………5
CHAPTER TWO
REVIEW OF RELATED LITERATURE
2.1 DEFINITION OF SMALL SCALE
BUSINESS……………………6
2.2 FEATURES OF SMALL SCALE
BUSINESS………………………6
2.3 FUNCTION OF COMMERCIAL BANK TO
THE SMALL SCALE BUSINESS…………………………………………………………………7
2.4 PROBLEM OF SMALL SCALE
BUSINESS…………………………..9
2.5 THE ROLE OF SMALL SCALE BUSINESS
IN THE NIGERIA
ECONOMY…………………………………………………………………12
REFERENCE………………………………………………………………..14
CHAPTER THREE
RESEARCH METHODOLOGY
3.1 RESEARCH
DESIGN……………………………………………15
3.2 LOCATION OF
DATA……………………………………………15
3.3 SOURCES OF
DATA……………………………………………….15
CHAPTER FOUR
FINDINGS………………………………………………………………….16
REFERENCE………………………………………………………………..18
CHAPTER FIVE
CONCLUSION AND RECOMMENDATION…………………………….19
BIBLIOGRAPHY…………………………………………………………21
CHAPTER ONE
1.0 INTRODUCTION
1.1 BACKGROUND OF THE STUD
According to Orjih, Commercial Banking in Nigeria dates
back to the early colonial period. The decline in Banker system of trade and
the rise in financial transaction of the colonial government required an
institution in the form of commercial bank for safety and transmission of
funds.
It is privately owned and
established for the purpose of making profit for their owners.
According to the small scale
Business act of 1953, a small-scale business firm is one which is independently
owned and operated and not dominated in its field of operation. Small scale
Business is owned, managed, controlled by one or two persons, in family
influenced in decision making, has an un differentiated organizational
structure, has relatively small share of the market and employers less than 50
people.
The commercial Bank performs
certain duties to small scale Business to enable them carry their Business
effectively. Some of their duties are accepting deposit, granting loan and
overdraft facilities, agency services, providing station reports standing
order, call credit facilities investment advise and soon. Through these role
performed by the commercial Bank, it enables small scale business to plan their
business properly, keep adequate records, maintain proper accountability,
pursue planed expansion, utilize professional assistance, improve your business
knowledge through apprenticeship programmers and formal education and so on.
1.2 STATEMENT OF PROBLEM AND THE OBJECTIVE OF THE STUDY
The small scale Business owned individual are faced by
some problems, which are under capitalization, poor business accountability,
poor record keeping, lack of business knowledge and experience, poor wrong
location.
1.3 SIGNIFICANT OF THE STUDY
These research works is to be used for the purpose of
learning this study is a dynamic one for the reason it cannot be said to have
been completely treated in ones work like this. There are other scholars can
use the work as a basic for further research work.
1.4 SCOPE AND LIMITATION OF THE
STUDY
Although certain journals, textbook
and magazine were used on the course of the study were in the role of
commercial Bank in small scale Business due to the limitation the terms paper
was carried out within the limited time available.
1.5 DEFINITION OF TERMS
COMMERCIAL BANK: It is a privately owned bank; it is
established for the purpose of making profit for their owners and grant loan on
short term basic to customer.
LOAN: It is classified as problem credit when they
cannot be repaid to a financial facility granted by a bank, which intended to
be applied for financing a specific purpose.
FUND: Can be described as increase in the liability
or equity account or a decrease in the asset account.
FINANCE: Is the possession of funds when it is
needed for investment.
CREDIT: Is a special form of account payable and it
is the most popular source of short-term credit in small and medium scale
business in developed and developing economics. It involves the purchase of
goods and services and suspending payment to an agreed future data.
ROLES: According to oxford Dictionary, it is the
function of a thing.
SMALL SCALE BUSINESS: Is independently owned and
operated and not dominant in its field of operation.
REFERENCE
ORJIH JOHN (1996) Element of Banking
Rock production.
OKEY&MADU (2000) Management of small scale
Enterprises.
Nigeria Mekaus international
ILOH JOSEPH (2000) Business Finance Issues and
Applications
Glanic Ventures
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