Role of Financial Institutions in Developing Small-scale Enterprises

Language: English

Published by LAP LAMBERT Academic Publishing Sep 2023, 2023

6206787540 / 9786206787549

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This item is printed on demand - Print on Demand Titel. Neuware -This research work analyses the role of financial institutions in developing small-scale enterprises (SMEs) with a particular reference to the impact of Deposit Money Banks (DMBs) credit funding on the performance of SMEs. The study employed one independent variable (DMBs credit funding) and two dependent variables (productivity and profitability of SMEs) with a sample of twenty (20) SMEs financed by Fidelity Bank Plc during the Year 2015. Secondary data from the Central Bank of Nigeria statistical database and SMEs record were used in the study. The data was run using SPSS 16.0. The result of the study showed that DMBs credit funding positively impacted the productivity and profitability of SMEs in Nigeria. It is therefore recommended that DMBs charge low interest to encourage small-scale enterprises. The study also recommends that the Government make more policies that will compel DMBs and other financial institutions to increase credit access to SMEs to enable them to invest in capital equipment to increase productivity and profitability in the future.VDM Verlag, Dudweiler Landstraße 99, 66123 Saarbrücken 60 pp. Englisch.…

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Bibliographic details

Title
Role of Financial Institutions in Developing Small-scale Enterprises
Author
Saratu Yakubu Haruna
Publisher
LAP LAMBERT Academic Publishing Sep 2023
Publication year
2023
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
6206787540
ISBN 13
9786206787549
Item weight
107 grams
Dimensions
220x150x4 mm

buchversandmimpf2000

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