THE ROLE OF COMMERCIAL BANKS IN THE DEVELOPMENT OF SMES IN KANO STATE 2020-2023.

This study was conducted on the role of commercial banks on small scale enterprises. The study investigated the contributions of commercial banks to small and medium enterprise’s growth, survival, productivity and performance in Nigeria. From the data analysis, it revealed that First Bank has contributed to financing SMEs in Nigeria to a certain extent and their contribution has been declining over the years. Moreover, the study also identified the problems encountered by SMEs in sourcing for funds from the First Banks. According to our findings, the survival small and medium enterprise (SMEs) to some extent depends on whether the commercial banks adequately supply the needed funds to them or not. From the foregoing analysis we conclude that first banks’ provide finances to SMEs, but a decline has been recorded over the years when the mandatory bank’s credit allocations of 20% of the total credit from commercial banks to small scale enterprises wholly owned by Nigerians was abolished by the government through CBN directives.