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PROJECT TOPIC: EQUIPMENT LEASING EFFECT AND PROSPECT A CASE STUDY OF ACCESS BANK, ILORIN, NIGERIA

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CHAPTER ONE

INTRODUCTION

1.1   HISTORICAL BACKGROUND OF THE STUDY

          Access Bank Nigeria Limited was licensed as a commercial bank in December, 1988 and opened its door to customers on May 11th, 1989.  The bank started business from 4 Buma Road in Apapa, Lagos State.  Its formal corporate head office with an authorized share capital of #20million.  The share later increased to #70million and of this amount, #58million has been paid up.  The bank’s ownership is spread amongst reputable Nigerian business men and professionals whose business interests cov...


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