COMMERCIAL BANKS LENDING POLICIES IN NIGERIA AND THEIR IMPLICATIONS
CHAPTER ONE INTRODUCTION 1.1 BACKGROUND TO THE STUDY Back credit and lending function as we are aware evolved from a rather humble beginning as a result of the discovery made by the gold smith some continues ago, though only a small proportion of the money kept with him for security purpose was indeed required by the depositors at any one time and that he could safely lend the rest to borrowers and make interest charge thereon. The banking habit that latter inherited such practice felt that only about nine(9) to ten (10) percent of the bank deposit at a give time were therefore demand by the depositors. However the commercial banks role of pooling ...
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