Impact of Electronic Banking on the Performance of Deposit Money Bank, Case Study of Polaris Bank and Zenith Bank

• Author(s): Oyedele K.S. ; F.O. Remi-Aworemi ; Aworemi J.R ; Abiri O.N.
• Paper ID: 1705039
• Page: 120-124
• Published Date: 15-09-2023
• Published In: Iconic Research And Engineering Journals
• Publisher: IRE Journals
• e-ISSN: 2456-8880
• Volume/Issue: Volume 7 Issue 3 September-2023

Abstract

This paper analyzes the impact of electronic banking adoption on financial performance of Nigerian banks through a quantitative correlation study of two leading players. Secondary data on e-banking usage and profitability metrics over 5 years is statistically examined. Results show weak positive correlations between e-banking and profitability but negative links with net interest margins, aligning with mixed findings of past research. The analysis establishes baseline relationships between variables, but further regression modeling is required controlling for other factors to isolate impact. The study highlights need for investigating nuances like revenue and pricing mechanisms affecting outcomes in the Nigerian context. It provides initial evidence on technology adoption effects for a major African economy.

Keywords

electronic banking, bank performance, profitability, net interest margin, correlation analysis

Citations

IRE Journals:
Oyedele K.S. , F.O. Remi-Aworemi , Aworemi J.R , Abiri O.N. "Impact of Electronic Banking on the Performance of Deposit Money Bank, Case Study of Polaris Bank and Zenith Bank" Iconic Research And Engineering Journals Volume 7 Issue 3 2023 Page 120-124

IEEE:
Oyedele K.S. , F.O. Remi-Aworemi , Aworemi J.R , Abiri O.N. "Impact of Electronic Banking on the Performance of Deposit Money Bank, Case Study of Polaris Bank and Zenith Bank" Iconic Research And Engineering Journals, 7(3)