1.1 Background Of The Study
The Development Bank of Nigeria is a
financial institution that would bridge the gap between the Bank of Industry
(BOI) and other development banks that could not satisfy the funding needs of
the Micro, Small & Medium Enterprises in Nigeria. The principal mission of
the Development Bank of Nigeria is to Increase financial inclusion by improving
access to credit finance.
Development
banks are special banks set up to undertake special tasks of development in the
economy specially set up to provide financial loans for long term and medium
term and expansion of the economy for the growth and general development. some
in agricultural sector, others in housing sector and small scale manufacturing
sector to boost industrialization of the economy.
Development banking is a specialized
financial institution, which provides medium and long term credit for the
creation or expansion of commercial, Agricultural and industrial enterprises of
the economy (Jamodu, (2001:17). Get the Complete Project Material Now!!!
