1.1) BACKGROUND OF THE STUDY
A commercial bank can be defined as a financial institution or company carrying on the biz of receiving monies other valuables as deposits from the public for keeping and for lending to the investors on short and medium term basis on which it charges interest such deposit or repayable on demand to the depositors or order. ADEKANYA(1993)
The early commercial bank in Nigeria were established by the colonial Govt and mainly catering for the interest of the expatriates, thus
financing export trade and neglecting agricultural financing.
The discriminatory attitude makes some Nigeria to establishing indigenous commercial banks could be found in the country which include union bank plc, first bank plc, universal trust bank limited and afribank plc.These institutions perform such services which include the acceptance of deposits in form of cash or cheque from the public granting of loans and overdraft faculties to customers, issuance of letters credit to worthy customers and fund transfer service discounting of bills. Etc.
Despite the amount of loan being channeled to the agricultural sector for industrial development by commercial banks, the agricultural sector still suffers from some in he rent problems militating against the industrial and agricultural of the nations. And there has been continuous shortage of basic food items in the nation as a result of lack of agricultural development.