Improving Community Banking Services in Nigeria

Improving Community Banking Services in Nigeria

Origin of Community Bank: According to Ajala (1992:7) community bank was introduced into Nigeria financial system when commercial banks could not longer meet the request of rural customers due to their sophisticated banking system that involves filling of several forms, obeying certain rules and could not meet the conventional¬† banking system.¬† He said that this banking system is purposed to involve the modern banking practice before the introduction of this system, it has been concept and worked on for years. [Read more…]

Community Banking Problems and Prospects

Community Banking Problems and Prospects

Community banking is relatively a new banking concept in the banking industry in Nigeria which cam into existence after the 1990 budget speech of the then president of the federal republic of Nigeria General Ibrahin Babangida on Monday 31 December 1990 at the tummdu Wada Kaduna state. [Read more…]