Key Features:

- No of Pages: 68

- No of Chapters: 05

Buy Now

Introduction:

Abstract

Financial intermediation is the process by which financial institution accept saving from house hold and lend this saving to business organizations.

Since high level of financial intermediation has been associated with high degree of economic development e.g Nigeria has allegedly been said to experience low level of financial intermediation.

The objective of this study

To establish the extent of financial intermediation in Nigeria and the likely effect on economic development.

To reveal the economic development position (as measures by Gross National/Domestic Income) of countries that have comparatively the same level of financial intermediation are relatively high.

This proper will also look into the following problem. In Nigeria there has been a comparatively low level of financial intermediation demonstrated by the grossly inadequate habits to all nooks and corners of the country. Lack of actual practical indegenisation of bank industry.

The ultimate effect is that the existing financial intermediation find it impossible to effectively mobilize available resources and allocate them enhance the rate of economic development

After examining these problems, recommendation will be made. It will be aimed at increasing the level of financial intermediation in Nigeria. Then conclusion will be drawn.

Table of Content

INTRODUCTION

1.1 Background of the study

1.2 Statement of problem

1.3 Objectives of study

1.4 Significance of the study

1.5 Scope and Limitation of the study

1.6 Definition of terms

Reference:

CHAPTER TWO

REVIEW OF LITERATURE

2.1 Bank and Non-Bank financial Intermediaries

2.2 Financial Institutions and Economic Development.

2.3 Financial Intermediation and Economic

Development in developed countries.

2.4 Financial intermediation and Economic Development 23

2.5 Financial Intermediaries and monetary control

2.6 Review in increasing the level of financial

Intermediation in Nigeria and the LDC’S

2.7 The problems of financial Intermediation

Reference.

CHAPTER THREE

RESEARCH DESIGN AND METHODOLOGY

3.1 Research methods used

3.2 Description of Respondents

3.3 Sources of Data

3.4 Method of Investigation

References

CHAPTER FOUR

Presentation and analysis of data introduction.

Testing of Hypothesis.

CHAPTER FIVE

FINDINGS, RECOMMENDATION AND CONCLUSION

5.1 Findings

5.2 Recommendation

5.3 Conclusion

References.

Bibliography

Questionnaires

Introduction

1.1 BACKGROUND OF STUDY

The concept of financial intermediation and resources mobilization are not new in financial literature, their relationship with economic development has also been widely discussed. Relevant literatures on financial intermediations and resources mobilization have attempted to distinguish the concept of self-finance, direct finance and indirect finance.

Direct finance involves the use of marketing techniques in which primary securities (or the liabilities of ultimate borrowers). In such forms as bonds corporate securities mortgage etc. are distributed among those financial assets. This mode of finance through encourages high savings rate and alertness to new profitable investment opportunities, total reliance on self finance is not probably a desirable long run strategy.

The other form of finance the indirect finance on he other hand involves the existence of financial intermediaries with place themselves between ultimate lenders and ultimate borrowers by purchasing the primary securities of the latter and issuing claims against themselves. Indirect securities for the portfolio of ultimate lenders while self finance makes for a balanced budget the direct and indirect finance which are forms of external fiancé make for deficit financing in which intermediaries solicit for loan able funds from the simple limits and allocate these to the deficit units whose direct debt. They absorb

From the three methods of financing highlighted above writes on this issue identified the indirect finance as the only are that calls for the intermediation by the financial institution following the above conception, gurley and show (1960) attempted the definition of the concept of financial intermediation as intermediating or go between function of financial institutions in purchasing primary securities from ultimate borrowers and issuing indirect debt (secondary securities) of the portfolio of the ultimate lenders by so doing the financial intermediaries establish a link between the borrowers. The deficit units and the lenders the simple units with this linkage they transfer resources from the surplus to the deficit unit.