APPRAISAL OF BANK'S LOAN DISBURSEMENT TO SMALL AND MEDIUM ENTERPRISES IN NIGERIA AFTER BANK RECAPITALIZATION

In Nigeria, access to finance has been identified as a key element for SMEs to succeed in their drive to
build productive capacity, to compete, to create jobs and to contribute to poverty alleviation in the country.
Without finance, SMEs cannot acquire or absorb new technologies nor can they expand to compete in
global markets or even strike business linkages with larger firms. Despite these, SMEs traditionally have
faced difficulty in obtaining formal credit or equity from commercial banks. This study showed a
downward trend despite recapitalisation by Nigeria commercial banks, it therefore conclude and
recommend that there is more to Banks performance on stimulation of economy through SME than mere
recapitalisation.