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Impact of internet banking on profitability of commercial banks in Nigeria

 Department:Accountancy  
 By:usericon AdeleyeJoshua  

 Project ID: 9708
 Rating:  (5.0) votes: 1
   Price:₦5000
Abstract
The study examines the impact of internet banking on the profitability of deposit money banks in Nigeria, using Zenith Bank Plc, Lokoja, Kogi State, as the study area.  The objective of the study is to ascertain whether there is a significant relationship between internet banking and the profitability of deposit money banks in Nigeria and to determine whether poor service quality, coupled with customer dissatisfaction, can affect the profitability of deposit money banks in Nigeria. Data for the study were gathered from both primary and secondary sources.  The population of the study is forty (40) and all were sampled. The findings revealed that internet banking is instrumental in enhancing the quality of services among banking customers. there is a strong positive link between the two variables, internet banking has an effect on the profitability of Deposit money banks in Nigeria and  it has also increased quality of service in terms of time management and on the bank’s operations in general some banks offer home banking, whereby a person with a personal computer makes transactions via a direct connection.  The study recommends that all banks should utilize information technology to render services that meet the genuine needs of customers, and if there is a change in the customer’s lifestyle, the bank should change along rapidly. All banks should ensure that seminars and workshops are carried out regularly to enlighten the staff in the banks on the advantages of being computer literate, as well as training of the staff on how to make use of the computer. Constant maintenance and service should be ensured in, order to provide reliable services, and the bank should subscribe to reliable internet providers for effective and efficient service delivery....
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