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The Spatial Pattern Of Commercial Banks In Kogi State Of Nigeria, Olarewaju Oluseyi Ifatimehin

Olarewaju Oluseyi Ifatimehin

This study examines the relationship of commercial banks distribution across geographic space and the socio-economic potentials therein. Ground truthing and socio-economic survey were employed to ascertain the number of banks available in each senatorial district of the state and to ascertain the socio-economic profile of the users of these banks respectively. Statistical technique was use in the analysis of market segmentation through factor and cluster analysis, and GIS techniques for spatial analysis. It was discovered that the major factor responsible for the spatial variation in the clustering of banks is the distribution of government owned parastatals and Industries in the …