The Role Of Commercial Banks In Economic Development Of Developing Countries

65 pages Chapters 5 ID: BAM0942

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DepartmentBusiness Administration and Management
TypeProject
Pages65
Chapters5
FormatMS Word & PDF
Reference No.BAM0942

Abstract

CHAPTER ONE INTRODUCTION 1.1.  BACKGROUND OF STUDY Commercial banks play an important role in economic development of developing countries. Economic development involves investment in various sectors of the economy. The banks collect savings from the people and mobilize savings for investment in industrial project. The investors borrow from banks to finance the projects. Special funds are provided to the investors for the  completion of projects. The bank provide a gurantee for industrial loan from international agencies. The foreign capital, flows to developing countries for investment in pro…

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