AN ASSESSMENT OF EQUIPMENT LEASE FINANCING
CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDY Since the commencement of lease financing by indigenous institutions in the early 1970’s the leasing industry has been going through various problems. Although modest growth has been recorded over the years with the establishment of more merchant banks in the 1970’s 1980’s and the early 1990’s. The introduction of the Structural Adjustment Programme (SAP) in 1986 brought in its wake, local currency against ...
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