AN EVALUATION OF THE CONTRIBUTION OF COMMERCIAL BANKS IN FINANCING AND FACILITATING FOREIGN TRADE
AN EVALUATION OF THE CONTRIBUTION OF COMMERCIAL BANKS IN FINANCING AND FACILITATING FOREIGN TRADE
No Thumbnail Available
Date
1998-10
Authors
NAFISA LAMl, ABDUSSALAM
Journal Title
Journal ISSN
Volume Title
Publisher
Abstract
This study is focused on the evaluation of the contribution of commercial banks
in the financing and facilitating of foreign trade. The aim was to determine the
effectiveness or otherwise of the roles of commercial banks in foreign trade financing.
This was to enable a critical assessment of the bank's operating system with a view to
assessing the extent to which they have succeeded in satisfying their varying customers in
international trade.
Existing literature on the subject was reviewed in an attempt to discuss the
concept of foreign trade. The study also reviewed various opinions of scholars on the
subject of foreign trade financing by commercial banks and also dealt extensively on the
various methods of settlements of debt in international trade and the various ways by
which banks grant finance to exporters and importers.
The interview technique and observation methods were the basic instruments used
to generate data for the study. Hence some commercial banks were selected for the
interviewing purpose and a wide range of literature on bank publications, journals,
magazines and newspapers were equally consulted.
The findings of this work showed that commercial banks play a very crucial role
in the financing and facilitating of foreign trade in Nigeria. This is attributable to the
support services given by banks to business investment spending the world over.
The study revealed that commercial banks in Nigeria have been efficient in their
roles as facilitators of foreign trade but there is still room for improvement. These were
highlighted as recommendations in the last chapter.
Description
A PROJECT SUBMITTED TO THE POSTGRADUATE SCHOOL
AHMADU BELLO UNIVERSITY, ZARIA
IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE
AWARD OF MASTER OF BUSINESS ADMINISTRATION
(M.B.A.) DEGREE
DEPARTMENT OF BUSINESS ADMINISTRATION
FACULTY OF ADMINISTRATION
AHMADU BELLO UNIVERSITY,
ZARIA.
OCTOBER, 1998
Keywords
EVALUATION,, CONTRIBUTION,, COMMERCIAL,, BANKS,, FINANCING,, FACILITATING,, FOREIGN TRADE