Impact of First Bank of Nigeria Plc on on Development of Small and Medium Scale Enterprises

 Impact of First Bank of Nigeria Plc on Financing Small and Medium Scale Enterprises

INTRODUCTION

This study assessed the Impact of First Bank of Nigeria Plc on Financing SMSEs in Bauchi and Gombe States, Nigeria. The survey research design was adopted and Instrument of data collection is questionnaire and personal interview which formed the source of primary data. The data is analyzed by means of regression analysis. The major finding of the research is that banks contributes a lot to the continued survival of SMSEs in the States .Based on the finding, the study concludes that FBN Plc impact positively to the growth and survival of SMSEs in the States, Based on the conclusion the study recommends Central Bank of Nigeria and the Government to do more by encouraging the bank to do more on the financing. It is also recommended to enlighten the SMSEs operators on the amount set aside for their usage by the banks