Construction bank in a developing country: The way forward

For some decades, efforts have been made in many developing countries to enhance small and medium scale contractors' access to finance. The impact of programmes has been affected by several interrelated problems. This paper focuses on the experience of the Bank for Housing and Construction (BHC) of Ghana. Its ineffectiveness could be attributed to the initial conceptualisation of the programme. The need for contractors to establish their own bank is eminent. However, should be made to reform the contractors association if it was to play a role in the proposed bank. Other factors that need consideration is contractors' access to work and an up-to date conditions of contract, and a mechanism to sway contractors form malpractices. .