THE ROLE OF FINANCIAL INSTITUTION IN EXPORT FINANCING

By

OKWUELUM JUDITH

Presented To

Department of Accountancy

ABSTRACT

This research work scrutinized the role of financial institution in export financing. Export financing is very important, as Nigerian exporters have to compete with exporters from other parts of the world who already have been in the market and already have been in the market and have easy. Access to various type of export finance sources.

To be able to compete effectively with others, there must be offer of attractive terms to foreign buyers especially through bette4red payment facilities which their competitors had provided all along with official insurance facilities to minimize the risks of exporting to other nations.

The federal government has and it is still working hard to encourage export. A good step towards this is the promulgation of export incentives and miscellaneous provision decree of 1986, which came up with numerous incentives to export. More also, is the inauguration of NEXIM.

In a nutshell, it's pertinent to note that export financing is to great importance toward economic development and balance of payment of our nation.

TABLE OF CONTENT

Title page

Approval page

Dedication

Acknowledgement

Abstracts

Table of content

CHAPTER ONE

Introduction

1.1 Background and overview of study

1.2 Statement of problem

1.3 Objective of study research question

1.4 Significance of study

1.5 Limitation and delimitation

1.6 Scope

1.7 Definition of terms

CHAPTER TWO

Literature review

2.1 Historical backgrounds - conceptual and definition

2.2 Type of export - finance

2.3 Source of finance

2.4 Summary of disbursement under the foreign inputs facilities in 1991 by sector

2.5 Source of finance for export chart

2.6 The role of financing institution in export

2.7 Financing

2.8 Factors militating against export financing

CHAPTER THREE

3.1 Summary of finding

3.2 Recommendation

3.3 Conclusion