The Impact of Commercial Bank Funding on Small and Medium Scale Enterprises in Nigeria
Journal Title: International Journal of Financial Markets - Year 2014, Vol 1, Issue 2
Abstract
Small and Medium Scale Enterprises are classified as germane to economic growth of their respective countries. However, several issues are known to confront them which mitigate against the actualization of their developmental role. This study examines one of such to affirm whether it is applicable to SME’s in Nigeria. The study uses primary data from where inferences were made based on the outcome of the posted questionnaire. The result suggests that commercial bank funding for SME’s is important for their activities, but currently not improving their profitability. The study supports literature in this aspect of research and recommends the need for government to impress it on banks to consider SME’s for loan request and possibly invest in them as it is done in some countries that have made reasonable landmarks with SME development.
Authors and Affiliations
Roseline Oluitan
Keywords
Related Articles
- EP ID EP28702
- DOI -
- Views 277
- Downloads 11
Credit Risk Management and Its Impact on Financial Performance of Listed Banks in Ghana
The study empirically examines the impact of credit risk on performance of banks in Ghana. In the study parameters covered were; default rate, cost per loan assets and capital adequacy ratio. We used 9 banks listed on...
How Causal Dimensions of Product Harm Crises Shape Firm’s Financial Status: from Sri Lankan’s Moral Reputational Perspective
Causative dimensions of product harm crisis influence how a consumer responds. This research explores through a new empirical angle and makes several unique contributions to the existing marketing literature by explori...
Appraising the Money Market in the Economic Development of Nigeria: Challenges and Prospects
The growing importance of the money market in the Nigerian economy since the last decade has helped to stimulate interest among a wide variety of people in the study and practice of money market structure. This growing...
A Proposal for Creating Real Effective Exchange Rate Monthly Frequency Series for Albania
The present work is trying to cover the need for a Real Exchange Effective Rate in Albania. The bank of the country didn’t tend to keep this series which is important for competitiveness measure, encloses political risk...
Causal Relationship among Stock Markets and Economic Growth in Latin America
The aim of this research is to analyze the causal relationship among stock market and economic growth in Latin America, in the case of Mexico, Brazil and Chile. The Granger causality test was utilized in order to analy...