The Impact of Community Banks in Economic Growth and Development of Nigeria

The Impact of Community Banks in Economic Growth and Development of Nigeria

 ORIGIN OF COMMUNITY BANKS

According to Ugwuanyi W. (2001) pg. 215, community bank was introduced in Nigeria when the problem of credit extension to the rural dwellers who usually dominate the population and cannot afford the much sought collateral being demand by conventional financial institutions has been such a persistent Nigeria case that government after to remedy the situation. [Read more…]