Role of Commercial Banks in Sustainable Economic Development in Nigeria

تحليل دور سياسات المصارف التجارية في تحفيز الادخار دراسة تطبيقية لعينة من المصارف التجارية العاملة في أربيل لعام 2021

“…According to the classification of the North American Industry the banking industry is divided into two sectors: Commercial Banks and Savings institutions. Commercial banks take various deposits and providing loans to industrial projects, consumer demands and commercial while savings institutions take time deposits, and then providing loans for the purpose of mortgages, real estate's as well as investing in high grade securities (Irving et al, 2016) efficient flow of funds into economy is key for economic development and this can be done through banks because they are intermediaries in connecting surplus units with deficit units (Okechukwu, & Gerald, 2016).…”