Project Topic:

THE ROLE OF COMMERCIAL BANKS IN FINANCING SME IN NIGERIA A CASE STUDY OF FIRST BANK PLC

Project Information:

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 49 ::   Attributes: Questionnaire, Data Analysis  ::   2,967 people found this useful

Project Department:

BANKING FINANCE UNDERGRADUATE PROJECT TOPICS, RESEARCH WORKS AND MATERIALS

Project Body:

CHAPTER ONE

INTRODUCTION

  1. BACKGROUND OF THE STUDY

 

Small medium enterprises (SMEs) are considered the backbone of economic growth in all countries. They play an important role in Nigerians economic growth, as they constitute 97.2% of the companies in Nigeria .They also contribute to national development by positively influencing the distribution of income in both functional and nominal terms. In emphasizing the importance of SMEs ,Rogers,2014, stated;they enhance  capacity building as they serve as entrepreneurial training avenues ; they  create more employment opportunities; per unit of investment because of their labour intensive operations; they achieve a much more relative high value added operations because they  are propelled by basic economic activities that depend mostly on locally sourced raw materials; they provide feeder industry services as they serve as major suppliers of intermediate goods and components to large-scale industries as well as major agents for the distribution of final products of such industries; they provide opportunities for the development local skill and technology acquisition through adaptation. Despite the catalytic role of SMEs in the economic emancipation of countries, some of their major operational challenges in Nigeria include financial problems. About 80% of small and medium enterprises are stifled because of poor financing.

The research intends to appraise the impact of commercial banks in the financing of SMEs in Nigeria, with a case study of first bank plc.

 

  1. STATEMENT OF THE PROBLEM

Despite the significant role of SMES,they are largely affected by lack and insufficiency of funds to operate and expand their businesses. In view of this commercial banks in Nigeria play financial roles towardsmeeting the capital and operationalfunds required by SMES

 

1.3 RESEARCH     QUESTIONS

1.     What is the nature and roles of SMEs?

2.     What is the nature of the financing problem of SMEs?

3.     What is the role of commercial banks in financing SMEs in Nigeria?

4.     What constitute the financing options of first bank to SMEs in Nigeria?

1.4    OBJECTIVE OF THE STUDY

  1. To appraise the nature and roles of SMEs in Nigeria
  2. To determine the role of commercial banks in financing SMEs in Nigeria
  3. To appraise the role of first bank in financing SMEs in Nigeria

 

  1. SIGNIFICANCE OF THE study

The study shall highlight the significance of SMEs to the economy

The study shall analyze the roles of commercial banks in financing SMEs in Nigeria

The study shall provide financing options offered by first bank plc to SMEs in Nigeria.

The study shall serve as a veritable source of information to managers and consultants

 

  1. STATEMENT OF HYPOTHESIS
  1. H0    SMEs  is not significant to the economy
  2.  
  3. H0    The financial challenge in SMEs is high
  4.  

3      H0    The impact of first bank in financing SMEs is low

            H1 The impact of first bank in financing  SMEs is high

 

  1. SCOPE OF THE STUDY

The research shall appraise the role of commercial banks in financingSMEs in Nigeria.

It shall elucidate the nature and significance of SMEs as well as analyze the financing challenges of SMEs in Nigeria.

 

 

 

 

  1. DEFINITION OF TERMS
  2.  

In Nigeria, the small and medium industries Enterprises investment scheme (SMIEIS) defines SMEs as any enterprise with a maximum asset base of N200 million excluding land and working capital and with a number of staff employed not less than 10 or more than 300.The federal ministry of commerce defines SMEs as firms with a total investment (excluding cost of land but including capital) of up to N750,000, and paid employment of up to fifty person, employeerelationship,labour intensive operation, simple technology,fusion of ownership and management and limited access to capital.

 

 

 

 

 

 

 

 

 

 

 

Get the complete project »


Instant Share On Social Media:


Can't find what you are looking for?
Call (+234) 07030248044.

OTHER SIMILAR BANKING FINANCE PROJECTS AND MATERIALS

A CRITICAL ANALYSIS ON THE USE OF FINANCIAL STATEMENTS IN ASSESSING THE PERFORMANCE OF AN ORGANIZATION (A CASE STUDY OF FIRST BANK NIGERIA)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 72 ::   Attributes: Questionnaire, Data Analysis  ::   14104 engagements

ABSTRACT This project work is carried out to examine the contribution of micro finance banks to the development of Small and medium scale enterprises in Nigeria. The Brass micro finance bank is used a...Continue reading »

A STUDY ON THE ACCEPTANCE AND ADOPTION OF THE CBN CASHLES POLICY IN PORT HARCOURT, NIGERIA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 76 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   7039 engagements

CHAPTER ONE INTRODUCTION 1.1. BACKGROUND TO THE STUDY One of the prerequisites for the development of national economy according to Ajayi et al, 2006 is by encouraging a payment system that is secu...Continue reading »

A STUDY ON THE IMPACT OF BUDGETARY CONTROLS ON THE PERFORMANCE OF AN ORGANIZATION (A CASE STUDY OF FIDELITY BANK PLC)

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 80 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   18113 engagements

CHAPTER ONE INTRODUCTION 1.1. BACKGROUND OF THE STUDY AND PROFILE OF THE ORGANIZATION Following the uncertainties prevailing in the Nigerian business environment today, managers and stakeholders mu...Continue reading »

ANALYZING PERFORMANCE APPRAISAL TECHNIQUES IN UNION BANK NIG PLC

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 67 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   17946 engagements

CHAPTER ONE INTRODUCTION 1.1. BACKGROUND OF THE STUDY In any evaluation of the condition necessary for the growth and survival of an organization, the role of performance appraisal is a strategic f...Continue reading »

AUDIT INDEPENDENCE: ENHANCING ACCOUNTABILITY AND TRANSPARENCY IN CORPORATE ORGANIZATIONS

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 71 ::   Attributes: Questionnaire, Data Analysis,Abstract  ::   10642 engagements

CHAPTER ONE INTRODUCTION 1.1. Background of the study The subject of transparency and accountability in modern day corporate organizations has continued to receive attention as never before. It has b...Continue reading »

CREDIT MANAGEMENT AND ISSUES OF BAD DEBTS IN COMMERCIAL BANKS IN NIGERIA

 Format: MS WORD ::   Chapters: 1-5 ::   Pages: 68 ::   Attributes: Questionnaire, Data Analysis,Abstract

The article on this topic (credit management and issues of bad debts in commercial banks in Nigeria) is an extract from literature review of the project material. The complete project work would be ma...Continue reading »

What are looking for today?

WHAT OUR CUSTOMERS ARE SAYING:
  • 1. JACOB from NASARAWA STATE UNIVERSITY, KEFFI said "I had a wonderful experience using ProjectClue, they delivered not only on time, but the content had good qualty. I recommend ProjectClue for any project research work.".
    Rating: Excellent
  • 2. Ibhadam Adam H from Bayero University, Kano said "Projectclue are really good and I have enjoyed their services.".
    Rating: Very Good
  • 3. HUMPHREY from TARABA STATE UNIVERSITY said " I had a wonderful experience using ProjectClue, they delivered not only on time, but the content had good qualty. I recommend ProjectClue for any project research work.".
    Rating: Good
  • 4. Asad from Kardan said "useful information, thank you.".
    Rating: Very Good
  • 5. Mwanasinjale Bruno Y. from Catholic University College Of Mbeya (CUCoM) said "Conglatulation to all supporters of the project clue. For what your doing has great impact to the society".
    Rating: Excellent
  • 6. Agaji Gabriel from Federal University of Agriculture Makurdi said "Projectclue is the best for free research topics and material. Kudos to you guy.".
    Rating: Very Good