- The Complete Research Material is averagely 50 pages long and it is in Ms Word Format, it has 1-5 Chapters.
- Major Attributes are Abstract, All Chapters, Figures, Appendix, References.
- Study Level: BTech, BSc, BEng, BA, HND, ND or NCE.
- Full Access Fee: ₦6,000
Get the complete project »
CHAPTER ONE
1.0 INTRODUCTION
1.1 BACKGROUND OF STUDY
Today’s business environment is very dynamic and undergoes rapid changes as a result of technological innovation, increased awareness and demands from customers. Business organizations, especially the banking industry of the 21st century operates in a complex and competitive environment characterized by these changing conditions and highly unpredictable economic climate. Information and Communication Technology (ICT) is at the centre of this global change curve.
Laudon and Laudon, (2001) contend that managers cannot ignore Information Systems because they play a critical role in contemporary organisation. They point out that the entire cash flow of most fortune 500 companies is linked to Information System. The application of information and communication technology concepts, techniques, policies and implementation strategies to banking services has become a subject of fundamental importance and concerns to all banks and indeed a prerequisite for local and global competitiveness. ICT directly affects how managers decide, how they plan and what products and services are offered in the banking industry. It has continued to change the way banks and their corporate relationships are organized worldwide and the variety of innovative devices available to enhance the speed and quality of service delivery.
Harold and Jeff (2005) contend that financial service providers should modify their traditional operating practices to remain viable in the 2000s and the decades that follow. They claim that the most significant shortcoming in the banking industry today is a wide spread failure on the part of senior management in banks to grasp the importance of technology and incorporate it into their strategic plans accordingly.
Woherem (2000) claimed that only banks that overhaul the whole of their payment and delivery systems and apply ICT to their operations are likely to survive and prosper in the new millennium. He advices banks to re-examine their service and delivery systems in order to properly position them within the framework of the dictates of the dynamism of information and communication technology. The banking industry in Nigeria has witnessed tremendous changes linked with the developments in ICT over the years. The quest for survival, global relevance, maintenance of existing market share and sustainable development has made exploitation of the many advantages of ICT through the use of automated devices imperative in the industry.
It is globally belief that the computers are able to provide useful information if properly fed with a reasonable input or it will result in “Garbage in Garbage out”. The use of computer to carry out a very wide range of activities for work, study and leisure has become part of our everyday life. It is no longer something that you may want to use if you are interested; rather like motor car it is an essential part of our lives. We are constantly told that anyone can use a computer, and to some extent this is true. As we became more and more upon technology this will not be enough. Computer in commercial and industrial settings have been around for several decades, nothing new about that. What is new however is the availability of computing power at modest cost to managers and workers throughout business organization and banking industries?
However, in the banking industry computer has been used in various areas carrying out their day-to day activities. Thanks for the introduction of micro computers, the power to retrieve and process data no longer belongs exclusively to computer specialist.
1.2 STATEMENT OF THE PROBLEM
The computer has for many years been used for financial planning in Nigeria banks. Information is required to complete every step involved in planning both objective definition and target decision, forecasting, calculating planning gaps definition constraints and means and so lack of computer may result to inability to satisfy costumers which might lead to retrenchment of customers. Lack of competent personnel may also be another challenge the banking sector might be facing. For any banking sector, the all ICT personnel must extremely b qualified to achieve maximum customer’s satisfaction. Finally, several researches have been carried out impact of computerization in the banking industry, but not even a single research has been carried out on the impact of computerization in banking sector.
1.3 AIMS AND OBJECTIVES OF STUDY
The main aim of the study is to determine the impact of computerization in banking sector. Other specific objectives of the study include:
1. to determine the effect of computerization in the banking sector of Nigeria.
2. to determine the extent to which computerization affects the banking services.
3. to determine the effect of computerized banking towards future development in the banking industry with an eye in the direction of improving its competitive position.
4. to determine the factors affecting computerization in banking sector in Nigeria.
5. to proffer possible solution to the problems.
1.4 RESEARCH QUESTIONS
1. What is the effect of computerization in the banking sector of Nigeria?
2. What is the extent to which computerization affects banking services in Nigeria?
3. What is the effect of computerized banking towards future development in the banking industry with an eye in the direction of improving its competitive position?
4. What is the factors affecting computerization in the banking sector in Nigeria?
5. What is the possible solution to the problems?
1.5 STATEMENT OF RESEARCH HYPOTHESIS
H0: Computerisation has no significant effect on the performance of the banking sector of Nigeria.
H1: Computerisation has a significant effect on the performance of the banking sector of Nigeria.
1.6 SIGNIFICANCE OF STUDY
The study on the impact of computerisation in the banking sector will be of immense benefit to the united bank for Africa in the sense that it will help to identify the drawback and also solve the Nigeria errors in supplying rightful information concerning banking service. Depositors will also benefit from it, in that they will certainly know that computerized banks will not waste much of his her time like manual operated banks. Finally, the study will contribute to the body of existing literature and knowledge in this field of study and provide the basis for further research.
1.7 SCOPE OF STUDY
The study on the impact of computerisation in banking sector is limited to commercial bank in Abuja, UBA.
1.8 LIMITATION OF STUDY
Financial constraint- Insufficient fund tends to impede the efficiency of the researcher in sourcing for the relevant materials, literature or information and in the process of data collection (internet, questionnaire and interview).
Time constraint- The researcher will simultaneously engage in this study with other academic work. This consequently will cut down on the time devoted for the research work.
1.9 DEFINITION OF TERMS
ImpactThe action of one object coming forcibly into contact with another.
ComputerisationInvolves the process of taking activities or tasks not previously done on the computer and shifting them to being done on the computer.
Banking Sector Is the section of the economy devoted to the holding of financial assets for others, investing those financial assets as leverage to create more wealth and the regulation of those activities by government agencies.
You either get what you want or your money back. T&C Apply
You can find more project topics easily, just search
-
SIMILAR BANKING FINANCE FINAL YEAR PROJECT RESEARCH TOPICS
-
1. THE EFFECT OF FRAUDULENT PRACTICES THE BANKING INDUSTRY (A CASE STUDY OF OCEANIC BANK PLC)
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY The late 1980’s and early 1990’s have been characterized with the increasing complexe...Continue Reading »Item Type & Format: Project Material - Ms Word | 49 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
2. EVALUATION OF FRAUD CONTROL MEASURES IN THE NIGERIAN BANKING SECTOR(A CASE STUDY OF CENTRAL BANK OF NIGERIA, KADUNA BRANCH)
» CHAPTER ONE 1.0 INTRODUCTION 1.1 BACKGROUND OF THE STUDY Over the years, irregularities have been the problems of commercial banks. The term irregular...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
3. EFFECT OF ELECTRONIC PAYMENT SYSTEM ON BANKS CUSTOMERS’ SATISFACTION IN NIGERIA
» CHAPTER ONE INTRODUCTION 1.1 Background to the Study The background of electronic payments can be traced back to the 1870’s when Western Union (...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
4. THE ROLE OF PUBLIC RELATIONS IN THE BANKING SERVICE INDUSTRY
» ABSTRACT In a society where people with a diverse interests, views, and values coexist, differences between such individuals and groups are to be expe...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
5. EFFECT OF FRAUD CONTROL IN THE NIGERIAN BANKING SECTOR
» CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY In its broadest terms, fraud means obtaining of something of value through deception. If fraud we...Continue Reading »Item Type & Format: Project Material - Ms Word | 70 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
6. THE IMPACT OF MICRO-FINANCE BANKS ON THE ECONOMIC GROWTH OF NIGERIA
» ABSTRACT The role of microfinance bank in economic growth and development is quite clear and distinct as the agricultural and entrepreneurial sector o...Continue Reading »Item Type & Format: Project Material - Ms Word | 67 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
7. IMPACT OF RECAPITALISATION ON THE FINANCIAL PERFORMANCE OF DEPOSITS MONEY BANKS IN NIGERIA
» CHAPTER ONE INTRODUCTION 1.1 Background to the Study When a country’s banks experienced major financial setbacks, usually the stakeholders such ...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
8. EFFECT OF E-BANKING ON ORGANIZATIONAL PRODUCTIVITY(A CASE STUDY OF FIDELITY BANK)
» CHAPTER ONE INTRODUCTION 1.1. Background of the study Mobile banking is an innovation that has progressively rendered itself in pervasive ways cutting...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
9. AN ASSESSMENT OF CUSTOMER PROTECTION AND THE CHALLENGES OF A CASH-LESS ECONOMY. (CASE STUDY UNITY BANK PLC)
» ABSTRACT Cash less policy is a situation where the volume of the physical cash been used in the economy is reduced rather than total elimination of su...Continue Reading »Item Type & Format: Project Material - Ms Word | 64 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT
-
10. EFFECT OF MOTIVATION ON EMPLOYEE PRODUCTIVITY (A CASE STUDY OF FIRST BANK PLC)
» ABSTRACT This study examined Motivation and Employee productivity, using First Bank Plc. Faced with the problem of low employee productivity, low empl...Continue Reading »Item Type & Format: Project Material - Ms Word | 52 pages | Instant Download | Chapter 1-5 | BANKING FINANCE DEPARTMENT