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The Role Of Banks In Promoting The Growth Of Corporate Financing In Nigeria., K. M. Obitayo
The Role Of Banks In Promoting The Growth Of Corporate Financing In Nigeria., K. M. Obitayo
Bullion
Capital formation whether financed from internal or external sources, requires the mobilization of economic surpluses. For investment to increase, there must be a growing surplus over and above current consumption that can be channelled into productive uses. The different ways of accumulating capital entail different institutional arrangements. The objective of this paper is to discuss the role of banks in promoting the growth of corporate financing in Nigeria. The rest of the paper is structured into three major parts. Part 1 outlines the evolution of the Nigerian banking system. Part II examines the role of banks in fostering the growth …