Commercial banks as a source of industrial finance in Nigeria: an analysis of performance, scope and problems

The divergent histories of the two broad categories of commercial banks in Nigeria – the indigenous banks and the expatriate banks – explain the differences in their lending policies. This is examined in the sections: Loan policies and pattern of loan security – Maturity of loans. Examination of the origins of the concentration on short-term financing and exploration of the methods of improving the effectiveness of bank finance in meeting the longer-term financial needs of industry in Nigeria are carried out in the sections: Basis of lending attitudes and loans to idustry – Criteria for lending. How bank funds are supplied is exposed in a section: Interest rates; their influence and determinants. Finally the sections: External factors influencing bank lending – Suggestions and conclusions. Notes, tables, figures.

Title: Commercial banks as a source of industrial finance in Nigeria: an analysis of performance, scope and problems
Author: Diaku, Ikwuakam
Year: 1972
Periodical: The Nigerian Journal of Economic and Social Studies
Volume: 14
Issue: 2
Pages: 173-190
Language: English
Geographic term: Nigeria
Abstract: The divergent histories of the two broad categories of commercial banks in Nigeria – the indigenous banks and the expatriate banks – explain the differences in their lending policies. This is examined in the sections: Loan policies and pattern of loan security – Maturity of loans. Examination of the origins of the concentration on short-term financing and exploration of the methods of improving the effectiveness of bank finance in meeting the longer-term financial needs of industry in Nigeria are carried out in the sections: Basis of lending attitudes and loans to idustry – Criteria for lending. How bank funds are supplied is exposed in a section: Interest rates; their influence and determinants. Finally the sections: External factors influencing bank lending – Suggestions and conclusions. Notes, tables, figures.