Financing small and medium scale enterprises in madina municipality: the case of gcb bank
| dc.contributor.author | Akyea Eugene Ansa | |
| dc.date.accessioned | 2024-02-29T09:33:53Z | |
| dc.date.available | 2024-02-29T09:33:53Z | |
| dc.date.issued | 2021 | |
| dc.description | A thesis submitted to the department of accounting and finance, Kwame Nkrumah university of science and technology in partial fulfilment of the requirement for the degree of master of science (accounting and finance) institute of distance learning | |
| dc.description.abstract | The study investigates the Financing of Small and Medium Scale Enterprises in Madina Municipality: The Case of GCB Bank. Descriptive and explanatory research design were used. Sample size of 300 respondents was selected using purposive sampling technique. Data on responses was obtained using questionnaire and was analysed quantitatively using descriptive statistics and regression model. The study established that Cash-flows from portfolio of securities, Deposit mobilization, and Net income were the major smes financing sources adopted by the bank which has a positive relationship with the bank’s profitability. Again, the challenges associated with smes financing includes the Inability of smes to provide Collateral for loans. Cost of securing a loan was too high, inability of smes to present audited financial statement, lack of education on fund credit officers. Also, GCB’s smes financing have a significant positive effect on smes Financial Performance. The study recommends that in expanding small enterprise lending, banks need to develop alternatives to property as collateral to secure loans, such as personal guarantors, sales contracts and lien on equipment financed | |
| dc.identifier.uri | https://ir.knust.edu.gh/handle/123456789/15567 | |
| dc.language.iso | en | |
| dc.publisher | KNUST | |
| dc.title | Financing small and medium scale enterprises in madina municipality: the case of gcb bank | |
| dc.type | Thesis |