Mobilization Of Domestic Savings For Economic Growth And Development In The Banking Industry. (a Case Study Of Union Bank Of Nigeria Plc) Enugu 1990 – 2000

INTRODUCTION  It is universally acknowledged that the banking including play a catalytic role in t he process of economic growth and development.  This acknowledgement is reinforced by contemporary conceptualism to the effect  that banks  are a veritable vehicle for mobilizing resources from su7plus units and tempting same to deficit unit. Banks constitute perhaps the most important segment of the financial market and played and a dominate vote in not mobilizing savings, but also allocating them for investment purposes.  In Nigeria, domestic savings rate is relatively low compared to most othe…