This research work highlighted the social responsibilities of commercial bank in social economic development of Nigeria with the emphasis of union bank of Nigeria Plc Awka branch, in undertaking this project. Therefore, a research method of data collection use were both primary and secondary data, the primary data were denied from questionnaires administered to staff of union bank Awka branch. Also some of the senior staff were interview while in getting information through secondary data related literature was received. Furthermore, the questionnaire administers were analyzed using simple percentage statistical method of analysis. As a guide to the study, five objectives and questions were formulated to guide the researcher. At the end of the research finally revealed that there is no assistance of the customers in areas of social facilities in union bank Plc Awka branch. In conclusion the researcher recommend that there were based on finding these are: the banking industry should also reappraise its designated clinics so that it can meet the expectation of its staff, the banking industry guielts branch the right to undertake development project in the area of operation and they should abide by the provision of loans and advances infrastructural facilities, educational maternal etc so as to enhance development in their everyday life.
TABLE OF CONTENTS
Table of content
1.1 Background of the study
1.2 Statement of the problem
1.3 Objective of the study
1.4 Research question
1.5 Significant of the study
1.6 Definition of terms
2.0 Review of Related Literature
2.1 Important of social responsibility
2.2 The continuum of social responsibility
2.3 Controversy over the concept
2.4 Co-operative social responsibility in Nigeria
2.5 Challenges of wining the market
2.5 Importance of social responsibility
3.0 Research design and methodology
3.1 Research design
3.2 Population of the study
3.3 Sample population size
3.4 Sources of research data
3.5 Instrument for data collection
3.6 Instrument for data analysis
3.7 Validity and reliability of instrument
4.0 Presentation and Analysis of Data
4.1 Data presentation
4.2 Data analysis interpretation
4.3 Discussion of findings
5.0 Summary, conclusion and recommendation
5.1 Summary of finding
5.4 Limitations of the study
5.5 Further Suggestion
1.1 BACKGROUND OF THE STUDY
Banking originate in ancient Mesopotamia where the royal palace and temple provided secure place the state keeping of grains and other commodities. Eventually, Private house in Mesopotamia also got involved in these banking law regulations.
In Egypt to the centralization of harvest are states where house also leaded to the development of a system of banking.
The strong of bank start with gold smith in a small middle ages city has a strong vault ot keep his own gold supplies indeed, he was gold own by other citizens for a small fee. A business that store money in it’s vaults for a fees is called a bank of deposited.
Naturally to keep the record clear, freed gives customers receipt for their deposit. Later these receipt were used as exchange for goods and each receipt says fed the gold smith will pay to the bearer on demand one gold flooring and these receipt is acceptable as money in free town because of the faith they have in feed and wall********* honors that promise, that is how paper money come to bring.
Primitive forms of used in calculation and for safe keep included mainly as in west Africa wampum in North America, whale teek by the figions cowries eggs, feathers, ivory bead etc.
In Africa generally, money is defined as anything that is widely used in making payment and accounting for depth and credits.
In Nigeria, the period between 1892 and 1952 was when convectional banking began remembered as a period free for all banking with no financial requirement and no regulation to restrict and control the establishment and operation of banking almost all the new banks especially those established indigenous initiatives, followed up as rapidly as they were set up owning to inadequate capital personal and ****** expansion and other structural constraint.
The GD patron repot investigating the banking practice in Nigeria was the bases for the first banking ordinance of 1952, the central bank of Nigeria (CBN) which is the controller of banks became fully CBN is under supervision of ministry of finance.
The board comprising of the CBN governor’s assisted by the deputy governor’s director general, federal ministry of finance, managing directors, director general, federal ministry of finance, Nigeria deposited insurance co-operation NDIC and four other members.