Effects of Digital Banking on The Performance of Commercial Banks in Nigeria 2010 -2019
Journal Title: International Journal of Multidisciplinary Research and Analysis - Year 2022, Vol 5, Issue 01
Abstract
In this study, the effect of digital banking on the performance of Commercial Banks was examined from 2010 to 2019. The study applied the Autoregressive Distributive Lag (ARDL) framework to examine the relationship between point of sales machine (POSG), Banking Transactions made through unstructured supplementary service data (USSDG), Web banking (WEBG) and Return on Assets (ROA) of commercial banks in Nigeria. The data were obtained from the statistical bulletins of the Central Bank of Nigeria (CBN) and annual reports of Nigeria Deposit Insurance Corporation (NDIC). The result of the analysis revealed that digital banking has positive and insignificant effect on the performance of commercial banks in Nigeria. . In the light of this findings, the study recommends the need for relatively stable network: In other to reduce number of failed transactions, banks are hereby encouraged to liaise with network providers and their engineers to develop a standardized network platform exclusively for each of the digital banking channels. Also there is need for digital banking education to bank customers on the benefits of digital banking. Equally there is need for all banks to have 24 hours working cyber security department in order to ensure that the channels are not hijacked by cyber criminals.
Authors and Affiliations
Chukwu, Kenechukwu Origin ,Molokwu, Samuel Rapuluchukwu,
Keywords
Related Articles
- EP ID EP705421
- DOI 10.47191/ijmra/v5-i1-18
- Views 66
- Downloads 0
Assessment of Genetic Diversity Index in Feral Colonies of Apis Species within Different Eco-Habitats of Bengaluru
The objective of our study was to screen the extent of genetic variability and phylogenetic relations among the three kinds of honey bee species from Bengaluru at different habitats. The Asian honey bee species i.e., Api...
Senior Citizen information System
This developmental-descriptive research sought to design and developed a computer-based system, to be known as the Senior Citizens Information System, to provide real-time information dissemination among senior citizen m...
Problems of Tribal Education in India: A Study from a Village of Jharkhand, West Bengal
This paper attempts to examine and understand the low literacy level and education among Bhumij tribal community in the state of Jharkhand, India. The paper discusses the present scenario of educational level of Bhumij...
The Relationship between Physical Freshness, Socioeconomic Status, and Learning Motivation and Physical Education Learning Outcomes in SMP Negeri 2 Solokan Jeruk, Bandung Regency
This study aims to determine the relationship between 1) Physical Freshness and Physical Education Learning Outcomes, 2) Socioeconomic Status and Physical Education Learning Outcomes, 3) Learning Motivation and Physical...
Legal Force of Private Credit Agreements at Bank Perdreditan Rakyat (BPR)
The purpose of this research is to analyze (1) the regulation regarding credit agreements that made privately according to the Banking Law and the Role of Notary Law (2) the legal force of credit agreements made privatel...