FACTORS INFLUENCING THE SUPPLY OF AGRICULTURAL CREDIT BY COMMERCIAL BANKS IN NIGERIA (1970 - 1993)

The main objective of this paper is to determine those factors influencing agricultural lending by commercial banks in Nigeria. Secondary data sourced from Central Bank of Nigeria's Publications spanning 1970 to 1993 were used. Ordinary Least Square regression analysis was used to estimate the...

Descrizione completa

Salvato in:
Dettagli Bibliografici
Autori principali: ISIJOLA , C. O., IDOWU, E. O.
Natura: Online
Lingua:inglese
Pubblicazione: The Faculty of Agriculture Obafemi Awolowo University, Ile-Ife, Nigeria. 2020
Soggetti:
Accesso online:https://ija.oauife.edu.ng/index.php/ija/article/view/519
Tags: Aggiungi Tag
Nessun Tag, puoi essere il primo ad aggiungerne!!
Descrizione
Riassunto:The main objective of this paper is to determine those factors influencing agricultural lending by commercial banks in Nigeria. Secondary data sourced from Central Bank of Nigeria's Publications spanning 1970 to 1993 were used. Ordinary Least Square regression analysis was used to estimate the agricultural credit supply function for commercial banks. The results obtained reveal that nominal interest rate on agricultural loans, minimum rediscount rate and liquidity ratio of commercial banks were the major factors influencing agricultural lending o' commercial banks in Nigeria.