NIGERIAN AGRICULTURAL, COOPERATIVE AND RURAL DEVELOPMENT BANK LIMITED by UBhn5C2n

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									NIGERIAN AGRICULTURAL, COOPERATIVE                             AND     RURAL
DEVELOPMENT BANK LIMITED

VISION

To be a foremost people –centered, selof-sustaining development finance
institution for rural savings mobilization and delivery of micro- agricultural
credit facilities and micro credit to the poor’.

MISSION

To provide affordable financial and advisory services to the farm and nonfarm
sectors of the national economy using well-trained and highly motivated staff
backed by appreciated technology, thereby fostering naccelerated agricultural
and rural development”.

BUSINESS STRATEGIES

As the Leading Agricultural Development Finance Institution in Nigeria,
Nigerian Agricultural , Cooperative and Rural Development Bank Ltd will
employ the following operational strategies for the realization of its vision and
mission.

Corporate Governance: The Bank shall employ best industry practices to aid
in efficient , timely and effective operations.

Lending Philosophy: The Bank shall be guided by a lending philosophy that is
driven by demand of loan resources , professional analysis of risk and
effective loan management. The overall objective is to ensure that highest
quality loan portfolio as measured by charged offs is maintained by the Bank.

Organizational Structure
Maintain an organizational structure that is flexible, self-supporting and that
makes for fast decision –making.

Liabilities Management

The Bank shall manage deposit liabilities with the objectives of earning higher
returns without sacrificing liquidity and there ability to service customer
demands

Pricing
The Bank shall price its products and services taking into account its
development mandate, while ensuring self-sustainability in the medium to
long term
.
Resource Allocation and Management

At all times the Bank shall align its cost structure with revenue expectation.
Consequently, for example network size staff strength etc shall be guided by
level of expected earnings The essence of the alignment is to ensure optimal
utilization of resources minimize wastage and further the objective of long
term self-sustenance.

								
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