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...

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Main Authors: ISIJOLA , C. O., IDOWU, E. O.
Format: Online
Jezik:angleščina
Izdano: The Faculty of Agriculture Obafemi Awolowo University, Ile-Ife, Nigeria. 2020
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Online dostop:https://ija.oauife.edu.ng/index.php/ija/article/view/519
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author ISIJOLA , C. O.
IDOWU, E. O.
author_facet ISIJOLA , C. O.
IDOWU, E. O.
author_sort ISIJOLA , C. O.
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description 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.
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spelling oai:ojs2.ija.oauife.edu.ng:article-5192020-10-07T11:14:13Z FACTORS INFLUENCING THE SUPPLY OF AGRICULTURAL CREDIT BY COMMERCIAL BANKS IN NIGERIA (1970 - 1993) ISIJOLA , C. O. IDOWU, E. O. Agricultural credit, Supply, Commercial banks and Nigeria. 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. The Faculty of Agriculture Obafemi Awolowo University, Ile-Ife, Nigeria. 2020-10-07 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer-reviewed Article application/pdf https://ija.oauife.edu.ng/index.php/ija/article/view/519 Ife Journal of Agriculture; Vol. 18 No. 1 (1996): Ife Journal of Agriculture; 63-77 0331-6351 eng https://ija.oauife.edu.ng/index.php/ija/article/view/519/402 Copyright (c) 2020 Ife Journal of Agriculture
spellingShingle Agricultural credit, Supply, Commercial banks and Nigeria.
ISIJOLA , C. O.
IDOWU, E. O.
FACTORS INFLUENCING THE SUPPLY OF AGRICULTURAL CREDIT BY COMMERCIAL BANKS IN NIGERIA (1970 - 1993)
title FACTORS INFLUENCING THE SUPPLY OF AGRICULTURAL CREDIT BY COMMERCIAL BANKS IN NIGERIA (1970 - 1993)
title_full FACTORS INFLUENCING THE SUPPLY OF AGRICULTURAL CREDIT BY COMMERCIAL BANKS IN NIGERIA (1970 - 1993)
title_fullStr FACTORS INFLUENCING THE SUPPLY OF AGRICULTURAL CREDIT BY COMMERCIAL BANKS IN NIGERIA (1970 - 1993)
title_full_unstemmed FACTORS INFLUENCING THE SUPPLY OF AGRICULTURAL CREDIT BY COMMERCIAL BANKS IN NIGERIA (1970 - 1993)
title_short FACTORS INFLUENCING THE SUPPLY OF AGRICULTURAL CREDIT BY COMMERCIAL BANKS IN NIGERIA (1970 - 1993)
title_sort factors influencing the supply of agricultural credit by commercial banks in nigeria 1970 1993
topic Agricultural credit, Supply, Commercial banks and Nigeria.
topic_facet Agricultural credit, Supply, Commercial banks and Nigeria.
url https://ija.oauife.edu.ng/index.php/ija/article/view/519
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