THE ROLE OF FINANCIAL INSTITUTIONS IN AGRICULTURAL DEVELOPMENT

By

OKPALA FELICIA

Presented To

Department of Accountancy

PREFACE

This study was done to determine the roles of commercial banks Agricultural financing.

The objectives were specifically to determine the volume of loan advanced by the banks and discuss the impact of this advances on Agricultural production in the state. Also considered in this study were the problem faced by the scheme in delivery of credit of the farmers.

The required information for the realization of these objectives were gathered by the personal interviews and more Journals and publications.

Some analysis shows that the loan advanced to farmers by the scheme to the made limited impact on Agricultural development as the net additions to the supply or Agricultural commodities minimal.

The study also indicate storage of working personnel and low loan repayment rates is the major lack or vitiating and reducing the performance of the scheme.

Several measure were perceived as capable of solving the problems indicated. It was suggested that the scheme increases the amount of loan as well as its complementary review to the beneficiaries. It was also suggested that the bank is so employ ore personnel to help in carrying out job.

TABLE OF CONTENT

COVER PAGE I

TITLE PAGE II

APPROVAL PAGE III

DEDICATION IV

ACKNOWLEDGMENT VI

PREFACE VII

TABLE OF CONTENT IX

CHAPTER ONE

INTRODUCTION 1

1.1 HISTORICAL BACK GROUND 1

1.2 STATEMENT OF PROBLEM 3

1.3 OBJECTIVES OF THE STUDY 5

1.4 SIGNIFICANCE OF THE STUDY 6

1.5 SCOPE AND LIMITATIONS OF THE STUDY 7

1.6 DEFINITION OF TERMS 8

CHAPTER TWO

LITERATURE REVIEW 9

2.1 ROLE OF AGRICULTURAL CREDIT 9

2.2 STANDARD OF AGRICULTURAL

CREDIT DELIVERY 13

2.3 ROLE OF COMMERCIAL BANKS

IN AGRICULTURAL FINANCING 17

2.4 ROLE OF NIGERIA AGRCULTRAL

AND COOPERATIVE BANKS. 19

CHAPTER THREE

3.1 SUMMARY OF FINDINGS 21

3.2 CONCLUSION 22

3.3 RECOMMENDATION 23

BIBLIOGRAPHY 26