THE ROLE OF BANK OF THE NORTH LIMITED IN THE ECONOMIC DEVELOPMENT OF TILE NORTHERN STATES; 1978 - 1988
THE ROLE OF BANK OF THE NORTH LIMITED IN THE ECONOMIC DEVELOPMENT OF TILE NORTHERN STATES; 1978 - 1988
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Date
1989-09
Authors
DABO, ISAAC GYEIH
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Abstract
The subject matter of this Project Report is quite
topical and relevant and its timing is unique. Banks
have vital role to play in the industrial transformation
of an economy by making their finical resources available
for financing and promoting the much needed economic
development in developing economies like Nigeria. As
such, banks have significant role to play be it in times
of economic boom or depression.
Bank of the North Limited is the most successful
wholly indigenous bank in the country which is contributing
meaningfully in the economic development of not
only the Northern States but Nigeria as a whole. This
project report is the first major attempt to conduct
research into the bank's contribution to the economic
development of its sponsors, the eleven northern states
The timing is quite unique because it concides with the
writer`s ten years of meritorious service with the bank,
having joined on November 30, 1978 and opted forth is
course in September 1988.
In order to appreciate the changes in growth and
structure developments in the north, we need to examine
the ownership distribution and the; structure of the bank
and the types of service they render to the public.
Performance indicators like the sets and liabilities , deposit
loans and advances and investments will be analysed. The
adequacy or shortcomings of the bank in promoting rapid
economic development will be appraised in broader
perspective and from the point of view of the stated
objective.
We shall discuss fully on the bank's contribution
to the preferred sector mainly the manufacturing and
mining; Agriculture, Forestry and Fishing; Heal state
and Construction; Others are General Commerce mainly
non-oil exports; Small scale business; Privatation
programme, Transport and Rural banking scheme. The
corporate social responsibility of the bank will be
worthy of mention.
We shall then close by having a look at the future
prospects of the bank after making recommendations based
upon our findings on the bank's role and responsibility
in economic development of itB sponsors presently Bauchi,
Borno, Benue, Gongola, Kaduna, Katsina, Kano, Kwara, Niger,
Plateau and Sokoto States
Description
A PROJECT SUBMITTED TO THE POSTGRADUATE
SCHOOL, AHMADU BELLO UNIVERSITY, ZARIA,
IN PARTIAL FULFILMENT OF THE REQUIREMENT
FOR THE AWARD OF THE DEGREE OF MASTER OF
BUSINESS ADMINISTRATION (M B A)
DEPARTMENT OF BUSINESS ADMINISTRATION
AHMADU BELLO UNIVERSITY
ZARIA
SEPTEMBER 1989
Keywords
THE ROLE,, BANK,, NORTH LIMITED,, ECONOMIC,, DEVELOPMENT,, NORTHERN STATES;