Abstract title: | The development role of community banks in rural Nigeria |
Author: | Charles Uchenna Onugu |
Issue: | Volume 10, Number 1 2000 |
This paper examines a Community Banking Scheme set up in Nigeria in 1991, in terms of its financial capabilities deposit mobilisation capability, and the value and ratio of its loan portfolio and considers four examples of its non-banking development functions. The author believes community banks have much development potential, and, while stating that the Scheme has had mixed achievements, argues that the growth of non-banking facilities, and increased collaboration with self-help groups or NGOs, should lead to greater success.
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