OF THE PROBLEM: The effect of information technology on the operation of deposit money banks in Nigeria cannot be overemphasized. New and better information technology entails that banks can add the service ‘differentiator’ to their products in a way. However‚ enabling tools which developed information technology can provide will make a significant effect on the operations of deposit money banks in Nigeria . The key to efficient banking lies in maximizing the use of information technology
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DEPOSIT MOBILIZATION OF FOREIGN BANKS IN INDIA Authors: Dr.K.Karthikeyan‚ Associate Professor of Commerce‚ Vivekananda College‚ Tiruvedakam West-625214 Mobile: +91- 9865074994 Email: karthikeyanmadurai@gmail.com S.Vadivel Raja Research Scholar‚ Department of Commerce‚ Vivekananda College‚ Tiruvedakam West-625214 Mobile: +91- 9842552084 Email: vadivelraja77@rediffmail.com A Study on Deposit Mobilization of Foreign Banks in India (Dr.K.Karthikeyan
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combination of theoretical and practical aspects. As a student of department of Finance‚ we have studied several books and attended some seminars on different bank related topics in our MBA program. So we have gathered theoretical knowledge about different activities of banks‚ policies related to banking applications‚ technologies adopted by banks and banking businesses in other countries of the world. So we have an overview of different banking activities. It is necessary to gather practical experience
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Located in West Africa and bordering the Atlantic‚ Nigeria is a big country that occupies 356‚667 square miles with a total population of 168 million. Nigeria is abundant in natural resources like coal‚ gold‚ lead‚ iron‚ salt‚ copper‚ and zinc‚ but it is best known as a big producer of oil. Thanks to its size‚ population‚ and resources‚ Nigeria is dubbed as “the giant of Africa” (Falola‚ 4). According to World Bank Data of 2010‚ Nigeria has an annual percentage growth rate as 8.0%‚ one of the world’s
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THE IMPACT OF INFORMATION TECHNOLOGY ON THE BANK PERFORMANCE (NIGERIA IN PERSPECTIVES) BY HASSAN KAWU A DEPARTMENT OF ACCOUNTING NIGER STATE POLY BIDA CAMPUS ABSTRACT Some of the topical issues posing serious challenges to both the public and private sectors are advances in technology. The sector that has been most radically affected by these developments is the financial sectors. The information technology has become a critical business resource because
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Industry in Nigeria P. A. Idowu Dept of Computer Science and Engineering Obafemi Awolowo University Ife-Ife Nigeria A.O. Alu Dept of Management and Accounting Obafemi Awolowo University Ife-Ife Nigeria E.R. Adagunodo Dept of Computer Science and Engineering Obafemi Awolowo University Ife-Ife Nigeria ABSTRACT The advent of Information Technology (IT) is rapidly changing the banking industry. In this study‚ the impact of IT on the banking industry in Nigeria is described
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of Dhaka Bank Limited DHAKA BANK LIMITED (DBL) was incorporated as a public limited Company on 6th April 1995 under the company act. 1994 and started its commercial operation on July 05‚ 1995 as a private sector bank. The bank started its journey with an authorized capital of Tk. 1‚000.00 million and paid up capital of Tk. 100.00 million. Dhaka Bank Limited is the leading Private Sector Bank in Bangladesh offering full range of Personal‚ Corporate Dhaka‚ International Trade‚ Foreign Exchange
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(2008:319) wrote on the appreciation of information technology in Nigeria banks and pointed out that information technology is becoming the backbone of banks’ services regeneration in Nigeria. He cited the Diamond Integrated Banking Services (DIBS) of Diamond Bank Limited and Electronic Smart Card Account (ESCA) of Eco Bank Limited as efforts geared towards creating sophistication in the banking sector. He also discovered that banking in Nigeria has increasingly depended on deployment of information technology
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So it has becoming essential for every person to have some idea on the bank and banking procedure. Internship program so called work attachment program an essential for ever BBA student because it helps him or her to acquaint with the real life situation. As bank is one of the most impotent financial intermediaries. So I have selected Uttara Bank Limited‚ Which is one of the most leading banks of the new bank arena. Bank is a kind of financial intermediary. It collects fund from the surplus unit
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1. DEFINITION: FOREIGN EXCHANGE One of the largest businesses carried out by the commercial bank is foreign trading. The trade among various countries falls for close link between the parties dealing in trade. The situation calls for expertise in the field of foreign operations. The bank‚ which provides such operation‚ is referred to as rending international banking operation. Mainly transactions with overseas countries are respects of import; export and foreign remittance come under the preview
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