Francis Nwankwo

Use of Patron Demand Deposit Accounts in Cooperative Financing in Anambra State, Nigeria

Francis Nwankwo & Tessy U. Anigbogu · Asian Journal of Economics, Business and Accounting · 2017

Patron Demand Deposit Account (PDDA) is a particularly unique system of raising cheap funds in cooperatives. However, because primary cooperatives lack the skills to manage PDDA and due to absence of necessary regulatory framework to control its operation, there have been calls f...