As a source for additional understanding of the subject 2. It also seek the challenges involved in Electronic banking and best of approach to implementing them. Background of the study Government Expenditure no doubt is an important instrument for a government to control the economy of a nation.
This is the main study of the project, Banking services tends to be getting more interesting and electronic Banking is a step taking to render services electronically to aid faster services to customers. This has necessitated the adoption of internet banking by banks with the application of the internet to banking, banks are able to work effectively and make high profits.
This implies that as of then, For instance, customer businessmen want i. It also seek to examine the challenge facing the implementation and the general international experience on the said study.
This form of banking is referred to as internet banking.
Usually, almost all banks in Nigeria have a web presence. The researcher believes that the study will be beneficial to students in various tertiary institutions who will find this work useful for further research work in the field of electronic banking and other related work.
Consumer did not readily embrace electronic banking when it was first offered in the US in the s, but the advent of increasingly common two-career couples, business travels, rising and work days lengthening led to convenience and flexibility in handling their finances.
It also offers financial services and products that accelerate settlement of transactions and in the process reduce cash intensity in the financial system, encourage banking culture, and catalyses economic growth.
The study will highlight the areas of banking operations that can be enhanced via internet banking and electronic banking 4. E-banking enables the dramatic covering of transaction cost and the creation of new types of banking opportunities that address the barriers of time and distance.
Customer wants a preferential treatment and full attention to their own computer at work or home. In undertaking this work, extensive literature review was carried out with particular reference to directly related literatures. However, the smart card scheme received uplift in February, when a consortium of a licensed bank surfaces a smart card company in Nigeria which is known as Smart card Nigeria plc with a mandate to producers and manages cards issued by the member bank of the consortium.
To what extent would electronic Banking mprove the fortune of banks? Lack of sufficient skilled manpower distort electronic banking development in Nigeria. This is a person that stands in for one in case of opening an accounts opting for loads and many other services rendered by banks.
Do banks in Nigeria comply with the CBN electronic banking guidelines? Direct citing if referenced properly Thank you so much for your respect to the authors copyright.
The study will also benefit the researcher as it will expose the researcher on what electronic banking is all about and its challenges in Nigeria banks. All state Trust Bank limited to offer a financial product known as smart card. Specifically, the study objectives are: As a source for additional understanding of the subject 2.
It allows customer to perform retail payments, cashless payments, airtime vending, loyalty redemption, printing mini-statement, etc. Customers want a preferential treatment and full attention by their choice bank.
To appraise how inactive regulatory bodies prevent the development of needed logistics technical supports.
Vitar from University of Port Harcourt said "I had a wonderful experience using ProjectClue, they delivered not only on time, but the content had good qualty. This is why central bank have been active in promoting sound and efficient payments system and in seeking the means to reduce risks associated with the system.
Adoption of electronic banking enhance the operations of the banks in Nigeria? This is a physical assets being used by banks, built and erected concretely to give out cash, aid recharges Phonesaid transfers, e. Electronic banking has prospects in bank in Nigeria?
The adoption of information and communication technology in banking sector is generally referred to as electronic banking E-banking and application of its concepts, technique, policies and implementation strategies to baking services has become a subject of fundamental importance and concerns to all banks and indeed a prerequisite for local and global competitiveness because it directly affects the management decision, plans and products and services to be offered by banks.
Despite the fact that banks have taken these innovative steps in adding value to customers some environmental factors are affecting banks achieving the desired level of their intentions.This project work is concerned about evaluating the prospects of internet banking and electronic Banking in Nigeria banking industry ad Financial institutions.
It also seek to examine the challenge facing the implementation and the general international experience on the said study.
Feb 01, · Electronic Banking. ABSTRACT.
The primary aim of this project tilted role of electronic banking in the development of banking industries in Nigeria which is being taking with all seriousness as it presents a mechanism of extending banking services of. ELECTRONIC BANKING IN NIGERIA: PROBLEMS AND PROSPECTS ABSTRACT This research work is an attempt to analyse and find out the “PROBLEM AND PROSPECTS OF ELETRONIC BANKING IN NIGERIA”.
The research geared toward explaining what Electronic Banking is all about and when it was introduce into Nigeria. Electronic banking in Nigeria has overtime been viewed by many especially economists as having a lot of implications on the economy of Nigeria and especially the banking sector.
Electronic banking has been playing a major role in the economy of Nigeria. This research work is an attempt to analyse and find out the “PROBLEM AND PROSPECTS OF ELETRONIC BANKING IN NIGERIA”. The research geared toward explaining what Electronic Banking is all about and when it was introduce into Nigeria.
The research also explained the services and the features of electronic Banking in Nigeria.
electronic banking in nigeria (problems and prospects) ABSTRACT This research work is an attempt to analyse and find out the “PROBLEM AND PROSPECTS OF ELETRONIC BANKING IN NIGERIA”.Reviews: 7.Download