The role of community banks in rural development

 

Table Of Contents

  • <p> </p><p>Title Page &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; II</p><p>Approval Page &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; III</p><p>Dedication &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;IV</p><p>Acknowledgement &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;V</p><p>Abstract &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;VII</p><p>Table of Content &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; VIII</p><p>

Chapter ONE

INTRODUCTION

  • </p><p>INTRODUCTION &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 1</p><p>
  • 1.1&nbsp; &nbsp; &nbsp; General Introduction &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;1</p><p>
  • 1.2&nbsp; &nbsp; &nbsp; Background of the study &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 1</p><p>
  • 1.3&nbsp; &nbsp; &nbsp; Statement of the Problem &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 3</p><p>
  • 1.4&nbsp; &nbsp; &nbsp; Objective of the study &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 3</p><p>
  • 1.5&nbsp; &nbsp; &nbsp; Significance of the study &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;4</p><p>
  • 1.6&nbsp; &nbsp; &nbsp; Limitation of the study &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 6</p><p>

Chapter TWO

LITERATURE REVIEW

  • </p><p>REVIEW OF RELATED LITERATURE</p><p>
  • 2.1&nbsp; &nbsp; &nbsp; Introduction &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 8</p><p>
  • 2.2&nbsp; &nbsp; &nbsp; Rural banking scheme in Nigeria &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 12</p><p>
  • 2.3&nbsp; &nbsp; &nbsp; Nature and concept of community banks &nbsp; &nbsp; &nbsp; 12</p><p>
  • 2.4&nbsp; &nbsp; &nbsp; Venture bank control measure to community banks 17</p><p>
  • 2.5&nbsp; &nbsp; &nbsp; Functions of community banks are folding &nbsp; &nbsp; 20</p><p>

Chapter THREE

RESEARCH METHODOLOGY

  • </p><p>RESEARCH DESIGN AND METHODOLOGY</p><p>
  • 3.1&nbsp; &nbsp; &nbsp; Research design &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 25</p><p>
  • 3.2&nbsp; &nbsp; &nbsp; Area of study &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;25</p><p>
  • 3.3&nbsp; &nbsp; &nbsp; Source of study &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;26</p><p>
  • 3.4&nbsp; &nbsp; &nbsp; Method of data presentation &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;26</p><p>
  • 3.5&nbsp; &nbsp; &nbsp; Method &nbsp;of data analysis &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 27</p><p>Reference &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;28</p><p>

Chapter FOUR

DATA PRESENTATION AND ANALYSIS

  • </p><p>
  • 4.1&nbsp; &nbsp; &nbsp; Summary of findings &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 29</p><p>

Chapter FIVE

SUMMARY, CONCLUSION AND RECOMMENDATIONS

  • </p><p>
  • 5.1&nbsp; &nbsp; &nbsp; Recommendation &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;32</p><p>
  • 5.2&nbsp; &nbsp; &nbsp; Conclusion &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; 33</p><p>Bibliography. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;35</p> <br><p></p>

Project Abstract

<p> </p><p>Community banks were &nbsp;established in Nigeria to help remedy the rural development problem that has been facing Nigeria since after world war II.</p><p>The fundamental concepts of a community &nbsp;bank is of a selt sustaining financial &nbsp;institution, owned &nbsp;and managed community or group of communities for the purpose of community of group of communities for the purpose of providing credit deposit, banking and other financial services to it &nbsp;members largely on the basis of their self recognition and &nbsp;credit worthiness.</p><p>(1) &nbsp; &nbsp; &nbsp; &nbsp; The major finding of this study shows that community banks bring banking services to the community where commercial banks does not exist.</p><p>(2) &nbsp; &nbsp; &nbsp; &nbsp; Community bank greatest customers are the &nbsp;low income workers.</p><p>(3) &nbsp; &nbsp; &nbsp; &nbsp; That bank also offer other non-banking services notable &nbsp;mass transit transport services on a subsidized rate.</p><p>(4) &nbsp; &nbsp; &nbsp; &nbsp; The greatest problem facing community bank is lack of adequate finance.</p> <br><p></p>

Project Overview

<p> </p><div><p>INTRODUCTION</p><p>This introduction is many concerned with the effort of community banks in rural development which is backwards due to certain problems that hinder them, such as infrastructural facilities, shortage of manpower, problem of security and so on.</p><p><strong>1.1 &nbsp; &nbsp;BACKGROUND OF THE STUDY</strong></p><p>The evolution of community banks in Nigeria can be traced to the 1990 budget when the president formally announced the introduction of the programme. It was men for recognition of &nbsp;the peculiarities of the rural communities and the need to monetize and integrate the rural economics into the banking system.</p><p>Meanwhile the word community bank, it can be seen as a self sustaining financial &nbsp;institution owned and managed as a community of group &nbsp;of communities for the purpose of crewing deposit, providing credit &nbsp;facilities and other banking a financial services to its members largely on the basis of their self recognition and credit worthness.</p><p>Despite that, in July 1990, the &nbsp;community banks implementation committee (CBIC) was set to work out the modalities &nbsp;for the establishment of community banks. &nbsp;Having produced all the necessary documents for the establishment of community banks, the CBIC commissioned a number of &nbsp;community banks to operate before the setting up and inauguration of National Board for Community Banks (NBCB) on July 16, 1991. &nbsp;The NBCB &nbsp;with more executive powers and the responsibility for the overall supervision of community banks, placed the CBIC. &nbsp;The first community bank commenced operation in December, 1990.</p><p>A bank &nbsp;licenced under community bank decree shall accept deposit of all type from people including savings and time savings. &nbsp;To receive or &nbsp;collect money on behalf of &nbsp;customers. &nbsp;Providing banking services to people as in giving out loans and after financial facilities.</p><p><strong>1.2 &nbsp; &nbsp;STATEMENT OF THE PROBLEM</strong></p><p>The &nbsp;statement of the problem were stated as follows.</p><p>1. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; How &nbsp;loan can be made available to rural drivellers or borrowers?</p><p>2. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; how can rural banking system be improved to help in rural development?</p><p>3. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; how to foster community ownership and use of economic assets?</p><p>4. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; how can loan secured other then asking for tangible security like collateral ?</p><p><strong>1.3 &nbsp; &nbsp;OBJECTIVE OF THE STUDY</strong></p><p>The objectives makes the researcher to know the role of community banks in rural development. &nbsp;It reveals the following objectives.</p><p>1. &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; The promotion of rural development by providing financial and banking services to communities inadequately supplied with such services.</p></div><h3></h3><br> <br><p></p>
Purchase This Research

Blazingprojects Mobile App

📚 Over 50,000 Project Materials
📱 100% Offline: No internet needed
📝 Over 98 Departments
🔍 Software coding and Machine construction
🎓 Postgraduate/Undergraduate Research works
📥 Instant Whatsapp/Email Delivery

Blazingprojects App
Install Mobile App

Related Research

Banking and finance. 3 min read

Blockchain-based Credit Scoring System for Enhanced Financial Inclusion...

What This Project Is About This project explores the use of blockchain technology to develop a new way of assessing how trustworthy and capable individuals are ...

BP
Blazingprojects
Read more →
Banking and finance. 2 min read

Implementing Blockchain Technology for Enhancing Security and Transparency in Digita...

What This Project Is About This project explores how blockchain technology can be used to make digital banking transactions more secure and transparent. Blockch...

BP
Blazingprojects
Read more →
Banking and finance. 2 min read

Blockchain-Based Fraud Detection System in Banking and Finance...

What This Project Is About This project explores how blockchain technology can be used to improve the way banks and financial institutions detect and prevent fr...

BP
Blazingprojects
Read more →
Banking and finance. 2 min read

Implementing Blockchain Technology for Real-Time Fraud Detection in Digital Banking ...

This project is about using a technology called blockchain to help banks and other digital financial services spot and stop fraud as it happens. Fraud in bankin...

BP
Blazingprojects
Read more →
Banking and finance. 2 min read

Development of a Blockchain-Based Secure and Transparent Digital Payment System...

This project is about creating a new type of digital payment system that uses blockchain technology to make transactions safe and clear. Blockchain is a way of ...

BP
Blazingprojects
Read more →
Banking and finance. 4 min read

Blockchain-based Automated Loan Approval System...

This project is about creating a faster and more secure way for banks and financial institutions to decide whether to lend money to people or businesses. Normal...

BP
Blazingprojects
Read more →
Banking and finance. 4 min read

Application of blockchain technology in enhancing security and efficiency in online ...

Overview: The advent of blockchain technology has revolutionized various industries, including the banking and finance sector. One significant application of b...

BP
Blazingprojects
Read more →
Banking and finance. 3 min read

Topic: The Impact of Fintech Innovations on Traditional Banking Services...

Overview: The integration of Financial Technology (Fintech) innovations into the banking sector has significantly transformed the landscape of traditional bank...

BP
Blazingprojects
Read more →
Banking and finance. 4 min read

Application of Blockchain Technology in Enhancing Security and Efficiency in Online ...

Overview: The project topic &quot;Application of Blockchain Technology in Enhancing Security and Efficiency in Online Banking Transactions&quot; explores the i...

BP
Blazingprojects
Read more →
WhatsApp Click here to chat with us