{"id":8117,"date":"2022-09-16T04:10:21","date_gmt":"2022-09-16T04:10:21","guid":{"rendered":"https:\/\/file.currentschoolnews.com\/?post_type=product&p=8117"},"modified":"2022-09-16T10:09:58","modified_gmt":"2022-09-16T10:09:58","slug":"importance-of-bank-lending-on-economic-growth-in-nigeria-1981-2015-pdf","status":"publish","type":"product","link":"https:\/\/pastexamquestions.com\/product\/importance-of-bank-lending-on-economic-growth-in-nigeria-1981-2015-pdf\/","title":{"rendered":"Importance of Bank Lending on Economic Growth in Nigeria (1981-2015) (PDF)"},"content":{"rendered":"

– Importance of Bank Lending on Economic Growth in Nigeria (1981-2015) (PDF) –<\/strong><\/span><\/p>\n

Download Importance of Bank Lending on Economic Growth in Nigeria (1981-2015) (PDF)<\/strong><\/span>. Banking and Finance students who are writing their projects can get this material to aid their research work.<\/span><\/span><\/p>\n

Abstract<\/b><\/span><\/h2>\n

This study investigates the impact of bank lending on economic growth in Nigeria from 1981-2015, and specifically sought to evaluate the impact of bank lending to the private sector on economic growth in Nigeria.<\/p>\n

An error correction model was estimated using annual time series data of a gross domestic product, credit to the private sector, money supply and interest rate collected from the Central Bank of Nigeria Statistical Bulletin and National Bureau of Statistics.<\/p>\n

The essence was to determine the short-run impact of credit to the private sector on economic growth as well as to capture the adjustment towards long-run equilibrium.<\/p>\n

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Introduction<\/span><\/span><\/strong><\/span><\/h2>\n

The relationship between commercial bank lending and growth is one that can have strong consequences for the growth of a country and the viability of large scale, medium scale, and small scale businesses. Lending is the primary function of commercial banks can have strong implications for economic growth in a country.<\/p>\n

Bank lending according to Stephen(2012) refers to commercial bank loans and other financial services offered to economic units intended for expansion and other corporate purposes.<\/p>\n

Bank lending is a core function of banks in any economy. Bank lending functions by commercial banks can take the form of issuing letters of credit, bank drafts, issuing loans, and other financial services.<\/p>\n

Banks accept deposits from the public for safekeeping and then trade with these monies through their lending activities. Banks lend money in various forms and for various activities.<\/p>\n

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