The Impact of Electronic Banking on Bank Performance

Research Paper (undergraduate) from the year 2017 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 3.52, , course: BANKING FINANCE, language: English, abstract: This study intends to discuss and exchange views on the impact of electronic banking on the performance of banks in Nigeria. Banking has come a long way from the time of ledger cards and other manual filing systems. Most banks today have electronics systems to handle their daily voluminous task of information retrieval storage and processing. Three or four decades ago, banking was a simplebusiness; customers saved their moneywith banks and received their financial services from banks. When customers open account they received passbook from the banks with which the account would be operated and when it is a current account, they received cheque books for the same purpose.