Having an efficient banking system, whether through a central bank or the U.
It is well known that farming is the oldest occupation in the world and indeed it remains till date, one in which the largest number of people are engage. The vast majority of the population of the world, depends on its more complex since, agriculture is basically concerned with the production of food which is basic necessity of life.
The problems of capital scarcity in agricultural production in most developing nations are generally giving cause for involvement. As of the huge capital elopement, subsistent agriculture now cultivate crops only for their selves and their immediate families, hence the need for commercial bank to participate actively in agricultural financing materials for key industries and a major foreign exchanged earners has further added to its prominence among all human occupation.
As a business, it cannot be carried out intensively unless funds are available for maintenance, replacement and capital equipment procurement and other expenses. Short Term Credit to financial yearly planting The role of state bank, seeds, fertilizers and farm expenses until the crop is sold.
The amounts involved here might not be large, but inadequate of this type of credit is most predominantly felt by small farmers who have little or no savings upon in which to hang on.
Medium Term Loan longer than one planting year but less than three year. This is need for acquisition a breeding stock and cheap with relatively short little.
Long Term Credit necessary to acquire major machines and equipment repairs and maintenance of farm lands building, storage facilities etc. Obtaining such loans however has not be easy for farmers. Inspite of the importance of oil in the economy today, agriculture still remains the main stay of the Nigeria Economy as it provides the greatest avenue for employment, income of food for the Nigerian populace.
Agricultural credit therefore is a necessary ingredient in agricultural practices and in farm productivity especially if supplied on sufficient quantity and efficiently used.
The commercial banks on their part has been placed what might be an optimal level in banking lending. The customers who has over the years been playing the expectations role, does not wish to continue that way and thus assumed an advisory role in the light of the above that thus study undertaken to provide some solutions to the numerous problems associated with commercial banks loans especially to the agricultural sector.
The word international was added later when the banks ownership include the National City bank. The bank soon developed links with some oil companies and is order to serve their need more promptly, the bank set up two more branches in Port Harcourt and Aba First before the out break of the civil war in Inthe bank got her first Nigeria Chairman, in the person of Alhaji T.
Galadima on the same year, BIAO herself experienced changes in her own quity structure. The union bank of Switzerland bought over 20 percent of the 49 percent of the BIAO equity capital held at that time by citizen bank U. A further 20 percent of the portion was taken up by Banko Brasil, while the remaining percent was brought by the compigne international Africarne de Banque holding S.
Luse-emboury On account by the indigenization, the federal military administration which was in place at that time in Nigeria, in the year acquired 60 percent of equity structure of Afribank plc and some other banks. It is against this background supported by the statement of problem that the researcher wishes to identify and analyze other issues raised along side finance capital as could be seen capital is the life wire of any ventures whose capital base is shaky could be said to be in serious jeopardy.
It is this singular factor that is lacking therefore other numerous problems like labor turned over, adequate training, like learning of new agric skills and higher marginal production per worker will automatically develop. Oluchi From Michael Opara University If you are a student and you have not used iprojectmaster materials, you are missing big time!
Their works are unique and free of plagiarism! Musa From Ahmadu Bello University Thank you iprojectmaster for saving my life, please keep it up and may God continue to bless you people.More information about Bahrain is available on the Bahrain Page and from other Department of State publications and other sources listed at the end of this fact sheet..
U.S.-BAHRAIN RELATIONS. The United States established diplomatic relations with Bahrain in following its independence from the United Kingdom. State bank of Pakistan plays an important role in the process of economic development, which is clear from the following points: 1) Issue of Notes State bank of Pakistan has monopoly in issuing currency notes.
5, 10, 50, rupee notes are issued by the bank on 12 July appraisal of the role of the world bank in the industrial development of nigeria.
industrial development of nigeria – the role of the world bank. Under financial sector reforms, the State Bank of Pakistan was granted autonomy in February State Bank of Pakistan and institutionalized the process of appointment of the Chief Executives and Boards of the nationalized commercial banks (NCBs) and development finance institutions (DFIs), with the State Bank having a role in their.
More information about Burma is available on the Burma Page and from other Department of State publications and other sources listed at the end of this fact sheet..
U.S.-BURMA RELATIONS. The United States supports a peaceful, prosperous, and democratic Burma that respects the human rights of all its people.
Internationally, "national bank" is synonymous with "central bank," or a bank controlled by the national government of a country.
Central banks set monetary policies within national economies.