The Role Of Commercial Banks In Economic Growth In Nigeria
Chapter One
Preface
. Background Of Study
Commercial banks play an important part in profitable development of developing countries. profitable development involves investment in colorful sectors of the frugality. The banks collect savings from the people and rally savings for investment in artificial design. The investors adopt from banks to finance the systems.
Special finances are handed to the investors for the completion of systems. The bank give a gurantee for artificial loan from transnational agencies. The foreign capital, flows to developing countries for investment in systems.
marketable banks are involved in the process of adding the wealth of the frugality, particularly the capital goods demanded for raising productivity.
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