answersLogoWhite

0


Best Answer

the role of commercial banking in the development of nigerian economy

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: The role of banks in the Nigerian's economy?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Write an essay on Role of Banks in An Economy.?

essay the role of bank


What are the Role of commercial banks in economy development of Afghanistan?

what is banking role in afghanistan economic development


The role of banks in the Nigerian?

the role of commercial banking in the development of nigerian economy


How do banks function?

Banks play a vital role to keep the flow of money in the economy in a controlled manner following the guidelines of RBI.


Explain the role of banks in the economy?

The banks play a pivotal role in a country's economy. The economy of a country is bound to crumble down if the banks are closed indefinitely. The banks provide necessary impetus to growth by pumping finance to industrial sector,without which the production cannot accelerate which is vital for employment and overall growth of the economy. However, the responsibilities of private banks are limited and they are more inclined for augmenting their profit acceleration. Whereas the nationalized banks have their social responsibilities to lift the cottage and small industries sector by providing soft loans, without caring for their profit motivation.


What is the role of high street banks within the UK economy?

to spend the peoples money and rip of Ashley


What are the Importants of banks in the economy?

the importants of banks is that if banks dont lend to business and other banks to whole economy starts collapse


Why do central banks play an important role in a global economy?

they control the foreign currency reserves that are used for international trade


How does the economy affect banks?

Commercial banks - NO. National banks - YES.


How can you define the role of banking companies in an economy?

Banks can be considered the back bone of any economy esp when it is growing. Banks make credit available for people and industries without which they cannot run or expand their business. The significance of the banking industry is very evident after the recent economic crisis where banks were unable to maintain the liquidity in the markets and as a result the economy got badly affected


Why do central banks playing important role in the global economy?

Central banks control the foreign currency reserves that are used for international trade.They also set each country's monetary policies.


What is the role of operations research in banks?

"What is the role of operations research in banks?"