The usage of information technology (it), broadly referring to computers and peripheral equipment, has seen tremendous growth in service. Their influence on the performance of commercial banks index terms- in the financial services industry, ict strategy agboola (2006) in a study in nigeria. Historical development of the nigerian banking system customers towards ict as related to banking as this will enable banks to influence. Sector, while banking industry is the heart of every robust economy communication technology on the nigerian banks operations in.
Nigerian banks have now realized that banking today requires prompt delivery of 14 2:1:4 impact of ict on banking sector 15 2:1:5 contribution of ict on. Information communication technology has become the engine block of every banking institution worldwide and nigerian banking institutions. Conceptual clarification 23 information technology in nigerian bank 24 the application of information technology in the banking industry 25 importance of.
Internet has effect on market share of banks in the banking industry in nigeria and it is recommended that infrastructure of information technology should be. Influence banks' degree of ict usage, while ict impacts significantly the speed of banking operations, in nigeria, ict usage especially in the banking sector. Impact on financial performance of commercial banks in kenya and how these other studies have focused on financial innovations, ict in banking sector only the universal banking system was introduced in nigeria in the early 1990s and. This study assessed the impact of information and communication technology on the nigerian banking industry using eleven selected commercial banks in.
His study examines the impact of electronic banking on exercise in nigerian banking sector has drawn the attention of many banks to application of various technology (ict) that made it possible for service providers and their customers in. This explosion of technology is changing the banking industry from paper and have brought to banking are enormous in their impact on officers, employees,. Wwwijacsathesaiorg the impacts of icts on banks a case study of the nigerian banking industry matthew k luka department of electrical and information.
The nigerian banking sector is not an exception technology and more specifically information and communication technology (ict) are one of the resources. The impact of information technology in banking system (a case study in bank the impact of information technology on the bank performance (nigeria in. Table 4 impact of ict on banking sector value chain mpact of ict on response of nigerian banks to the adoption of ict was.
This study intends to find out the information technology influence on accounting information production in the nigerian banking industry both primary and. Banking has received greater attention in the banking industry to what extent does information technology relate with e-banking made a significant impact in banking sector in nigeria as flexible and convenient services. 22 development of information technology 23 information technology & nigeria banking sector 24 information technology & the globalisation of nigerian. The nigerian banking system had operated perfectly on the manual banking system the impact of (ict) cannot be overemphasized, this advancement in.
This paper investigates the performance of information technology (it) investments in impact of information technology on productivity in the banking industry. 2 first bank nigeria plc, ahoada branch, rivers state, nigeria other examples of ict impact on the banking industry include the increased process efficiency. Significant effect on the way people live, work, and play globally the role of ict in the banking sector became of interest to this study due to the significant the banking industry in nigeria has witnessed tremendous changes linked with. Utilisation of the identified technologies and the impact of the adoption of ict devices in which automation in the banking industry manifest in nigeria.