THE EFFECTS OF FINANCIAL INNOVATION ON BANK PERFORMANCE

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  • Department: Accounting
  • Project ID: ACC4099
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  • Pages: 45 Pages
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ABSTRACT

This study investigates the effect of financial innovation on bank performance. It furthers examine the impact of NEFT, ATM, POS and WEB on Return on Equity. This study was anchored on innovation diffusion theory and Schumpeter theory of innovation. The study adopted an ex-post facto research design because the data for the study are secondary data which were sourced from Central Bank of Nigeria Statistical Bulletin,

Ex-post facto research method was adopted in this study. The population was drawn from  all Deposited Money Banks in Nigeria which were sourced from Central Bank of Nigeria Statistical Bulletin between 2012-2021.

Findings from the study showed there is no significant impact of NEFT on ROE; there is significant impact of ATM on ROE; there is no significant impact of POS on ROE and there is no significant impact of WEB on ROE

It can be concluded that financial innovations have negative impact on the performance of deposit money banks. The findings recommended that Banks should modernize their financial services by fully adapting to mobile banking, according to the report, not only to provide jobs but also to enhance market share. It would be useful to increase security in areas where banking has not yet reached; Technological aspect of mobile banking should be encouraged to ensure awareness is created to enlist more users. The regulatory authorities should commit more funds in the area of public awareness, enlightenments and sensitizations in order to increase the use of e-payment channels.

Keywords: Bank, Financial, Innovation, ROE, ATM, POS, WEB, Performance

Word counts: 244

TABLE OF CONTENTS

CHAPTER ONE: INTRODUCTION                                                                                              

1.1       Background of the Study                                                                                          

 1.2      Statement of the Research Problem                                                                           

1.3       Research Objectives                                                                                                   

1.4       Research Questions                                                                                                    

1.5       Research Hypothesis                                                                                                  

1.6       Significance of the Study                                                                                          

1.7       Scope of the Study                                                                                                    

1.8       Definition of Terms                                                                                                   

CHAPTER TWO: LITERATRE REVIEW                                                                          

2.1       Conceptual Review                                                                                                    

2.1.1    Financial Innovation                                                                                                  

2.1.2    Products Innovation                                                                                                  

2.1.3    Service Innovation                                                                                                     

2.1.3.1             Online Banking                                                                                              

2.1.3.2             Prepaid Cards                                                                                                

2.1.4    Process Innovation                                                                                                     

2.2       Bank Performance                                                                                                     

2.2.1    Liquidity Level                                                                                                          

2.2       The Effect of Financial Innovation and Bank Performance                                      

2.2       Theoretical Review                                                                                                    

2.2.1    Innovation Diffusion Theory                                                                                     

 2.2.2   Schumpeter Theory of Innovation                                                                             

2.3       Empirical Review                                                                                                       

CHAPTER THREE: METHODOLOGY                                                                             

3.1       Research Design                                                                                                        

3.2       Population of the Study                                                                                             

3.3       Sample Size                                                                                                                

3.4       Source of Data                                                                                                                       

3.5       Model Specification                                                                                                   

3.6       Method of Data Analysis                                                                                          

CHAPTER FOUR: RESULTS AND INTERPRETATION                                                

4.1       Test of Hypotheses                                                                                                    

4.2       Interpretation of Result                                                                                             

4.3       Discussion of Findings                                                                                              

CHAPTER FIVE: SUMMARY, CONCLUSION AND RECOMMENDATION            

5.1       Summary                                                                                                                    

5.2       Conclusion                                                                                                                 

5.3       Recommendations                                                                                                     

References                                                                                                                             



THE EFFECTS OF FINANCIAL INNOVATION ON BANK PERFORMANCE
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

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  • Type: Project
  • Department: Accounting
  • Project ID: ACC4099
  • Access Fee: ₦5,000 ($14)
  • Pages: 45 Pages
  • Format: Microsoft Word
  • Views: 104
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    Details

    Type Project
    Department Accounting
    Project ID ACC4099
    Fee ₦5,000 ($14)
    No of Pages 45 Pages
    Format Microsoft Word

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