Role of bank of industry in financing small and medium enterprises
Kayadi Biradawa
Broschiertes Buch

Role of bank of industry in financing small and medium enterprises

In the North - East region of Nigeria

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Small and Medium Enterprises (SMEs) play a significant role in the economic development of every nation particularly in developing countries like Nigeria. SMEs constitute over 90% of Nigerian businesses (Oyelarin -Oyeyinka, 2010), account for over 25% of total employment and contribute about 20% to the Gross Domestic Product GDP of the country, (SMEDAN, 2007). The development, encouragement, and sustenance of the SME sub sector is considered globally as a crucial strategy for economic growth, job creation and poverty reduction. It is in realization of this consideration that many Development F...