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The impact of the bank of industry on the development of small and medium scale business in Bauchi state,Nigeria

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Abstract

This research work on the Impact of the Bank of Industry on the Development of Small and Medium Scale Business in the Bauchi Local Government carried out in The Bank of Industry Bauchi. The aim of this research is to examine the impact of Bank of Industry on the development of small and medium scale enterprise in Bauchi, also to ascertain level of awareness among SMEs on Bank of Industry (BOI) services to SMEs. The data uses in the research are both primary and secondary data retrieve and analyzed. The data collection were analyzed using a sample of chi-square, small scale business cannot developed effectively without the help of the Bank of Industry, it was recommended that, The bank of industry should be seen as the backbone of every small scale business, also those factor within and outside the business that can influence the attainment of the objective and draw comprehensive but flexible plans in order to ensure that the objective are achieved. And final to lay emphasis on how to acquire funds and to take minimum risk in their business which will significantly improves the financial ability of the business. Keyword: IMPACT, BANK OF INDUSTRY, DEVELOPMENT, SMALL AND MEDIUM SCALE BUSINESS:

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