eprintid: 35839
rev_number: 23
eprint_status: archive
userid: 8000
dir: disk0/00/03/58/39
datestamp: 2012-01-10 09:26:24
lastmod: 2019-09-26 09:33:21
status_changed: 2012-01-10 09:26:24
type: paper
metadata_visibility: show
abstract: The efficient channelling of funds and allocation of financial resources are roles expected to be undertaken in the financial system to facilitate productive growth in the real sector of the economy. There have been overlapping roles in the Nigerian financial system and this has resulted to inefficient intermediation and under-development of vibrant sectors of the economy. Thus, necessitated the emergence of development financial institutions to render services to the large un-catered economics agents (especially in the rural areas) by the universal banks. The institutions are expected to offer specialized and micro financial services, offer relative cheap and accessible financing options, provide long-term finance for infrastructure development, industrial growth, agriculture, small and medium enterprises (SME) development and provide financial products for certain sections of the people. However, this paper evaluates the roles and structure of the development financial institutions in Nigeria and also assesses their performance over time.
copyrightnote: I certify that I have the right to deposit the contribution with MPRA
creators_name: Adesoye, A. Bolaji
creators_name: Atanda, Akinwande Abdulmaliq
creators_id: boladesoye@yahoo.com
creators_id: datatricng@gmail.com
date: 2012
full_text_status: public
identifierabstract: http://mpra.ub.uni-muenchen.de/35839/
institutions: Olabisi Onabanjo University, Nigeria
institutions: Datatric Research Consulting, Nigeria
institutions: Globafrique Consulting, Nigeria
ispublished: unpub
keywords: Development Finance Institutions, Financial Institutions, Financial Intermediation, Real Sectors, Financial Services, Financial Products, Small and Medium Scale Enterprises, Nigeria
language: en
pagerange: 1-15
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Association of African Development Finance Institutions (AADFI). http://www.aadfi.org/eng.htm

Association of Nigerian Development Finance Institutions (ANDFI) http://andfi-ng.org/

Central Bank of Nigeria (1993). CBN Annual Report and Statement of Account.

Central Bank of Nigeria (2000). CBN Annual Report and Statement of Account.

DFI Forum (2004). Capital Plus: The challenges of development in development finance institutions. A practitioner perspective. A publication of the Development Finance Forum (DFIF).

Nzotta, S. M (2004). Money, Banking and Finance: Theory and Practice. Owerri. Hudson Jude Publishers. 

Olofin, S. and Afangideh, Udoma J. (2008). Financial Structure and Economic Growth in Nigeria, Nigerian Journal of Securities and Finance Vol. 13 No. 1 Pp 47-68. 

Scharf and Shetty (1972), Dictionary of Development Banking, Elsevier Publishing Company, New York).
subjects: E0
subjects: E44
subjects: F33
title: Development Finance Institutions in Nigeria: Structure, Roles and Assessment
citation:   Adesoye, A. Bolaji and Atanda, Akinwande Abdulmaliq  (2012): Development Finance Institutions in Nigeria: Structure, Roles and Assessment.    
document_url: https://mpra.ub.uni-muenchen.de/35839/1/MPRA_paper_35839.pdf