Export Financing By Merchant Banks In Nigeria: A Case Study Of Icon Limited Merchant Bankers)

📄 Project Abstract

This project chose to define what export financing is and how it is done. It studied how ICON Limited (Merchant Bankers' carries out export financing activities in Nigeria towards boosting the export drive in the country. The strategies employed by the bank and the problems encounted by the bank were analysed and evaluated. Ar. attempt was made to define who the exporter is (and what exports are), the types of exporters, the risks of international trade, the types of export financing facilities available to exporters, the methods of trade payments and the role banks play in the field of export financing. Based on the analysis of data, some conclusions were, drawn and recommendations put forward as to how to make the export financing activities of ICON Limited and indeed other banks in Nigeria more effective. Scheme of Study:- The work is divided into four chapters with the first chapter dealing with introduction of the problem, the study itself. its limitations and the research methodo...