The Lending Constraints Of Nigerian Commercial Banks

INTRODUCTION BACKGROUND OF THE STUDYThe history of banking and lending dates back to the barter period and the period when sold Smiths were used as acceptors of deposits from the public. Banking developed out of the Gold Smiths who developed the practice of storing people’s gold and valuables for safe keeping. At first, such establishments were simply like were house.Depositors left gold for safekeeping and were given receipts, which they would present, to the gold Smiths for their gold or valuables after paying a little charge to the goldsmiths. At apt, the goldsmiths discovered that not…