ABSTRACT

The purpose of this study is to examine the effect of rural banking scheme on the economic development of Edo State, with emphasis on Ovia Local Government Area , Union Bank, fidelity Bank.  The overriding problems in Nigeria whish affect the development of rural banking are the underdeveloped and poorly adopted financial practices which prevailed in the country. Furthermore, the project is also to take a look at the extent to which rural banking has been able to meet the needs of the people through their lending policies to finance project. Chapter one gave the insight of the background, statement of the problem objectives of the study, the method used in collection and analysis of data. Definition of terms and scope and limitation of the study. The second chapter deals with literature review. Chapter three describes the design and methodology, while chapter four reveals the data analysis and interpretation. The study was then summarized in chapter five, conclusion and policy recommendations were made.