The Roles Of Banks In International Trade Financing And Facilitation: A Case Study Of Afribank Nigeria Plc

📄 Project Abstract

This study examines the role of banks in International Trade finance and facilitation using Afribank Nigeria Plc as a case study. Beside the management of Afribank Nigeria Plc, a number of respondents from other banks were involved in the study consisting managers, head of foreign departments and other people directly or indirectly involved in International Trades and or facilitation. One main null hypothesis was postulated based on the role of banks in International Trade financing and facilitation in Nigeria. Both primary data in form of interview and secondary data obtained from official documents were used to provide answers to the main hypothesis The findings show that Banks in Nigeria actually play important role in International trade financing and facilitation thereby rejecting the NULL hypothesis and accepting the ALTERNATIVE hypothesis. Consequently, it was recomnended among others that management of foreign exchange allocation be decentralized, effective marketing tools be p...