TOTAL FACTOR PRODUCTIVITY IN THE KENYAN BANKING SECTOR AND HOW IT IS AFFECTED BY TECHNOLOGICAL INNOVATION

  • Type: Project
  • Department: Banking and Finance
  • Project ID: BFN2342
  • Access Fee: ₦5,000 ($14)
  • Pages: 82 Pages
  • Format: Microsoft Word
  • Views: 199
  • Report This work

For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

ABSTRACT 

Technological changes and innovation in any economy play a pivotal role in reducing operational expenses and increasing total factor productivity. The Kenyan banking sector is characterized by operational inefficiency in the factors of production as evidenced by high operational expenses. The inefficiency in the factors of production can be reduced through adoption of new technology and innovation. This study examined how technology and innovation can remedy the inefficiency by investigating the level of total factor productivity for the banking sector in Kenya after adopting new technology and innovation inform of new core banking operating systems. The study also examined how the banks can leverage on technological innovations by investigating the effects of technological innovations on total factor productivity for the banking sector in Kenya. Within the period 2011 to 2015, commercial banks in Kenya adopted new core banking systems that have enhanced service delivery through technology and innovations. The robust core banking systems adopted have enabled commercial banks to have alternative channels of service delivery which include, mobile banking, online banking, and the banking agents as the significant developments in technology towards service delivery. The study used balanced panel data set of 29 banks within the period 2011 to 2015. The study period was pegged on the period banks in Kenya adopted new core banking systems and before the implementation of interest cap in 2016. The study used a nonparametric Data Envelopment Analysis to estimate the Malmquist Total Factor Productivity indices. The study found out that total factor productivity level had increased by 1.4% within the period 2011 to 2015. The cause of change on Total factor productivity was determined by decomposing the total factor productivity change into technical change and efficiency change. The study found out that technical change had decreased by 2.8% while efficiency change had increased by 4.3%. The increase in efficiency changes was further decomposed into pure efficiency changes and scale efficiency changes. The current study found out that pure efficiency had increased by 2.7% while scale efficiency had increased by 1.6%. The study also estimated the effect of technological innovation on total factor productivity of the Kenyan banking sector. The study found out that technological innovations were statistically significant in determining the level of total factor productivity. The results of the study elicited the need for the Kenyan government and the Central Bank of Kenya to intervene in policy formulation on technology and innovation to remedy the inefficiency in factors productivity. The intervention will ensure the banking sector productivity growth is consistent. The interventions will also ensure commercial banks are in tandem with the technological innovations happening across the world to leverage on technological changes and innovation. This will go a long way in service delivery and improved efficiency in customer service.

TOTAL FACTOR PRODUCTIVITY IN THE KENYAN BANKING SECTOR AND HOW IT IS AFFECTED BY TECHNOLOGICAL INNOVATION
For more Info, call us on
+234 8130 686 500
or
+234 8093 423 853

Share This
  • Type: Project
  • Department: Banking and Finance
  • Project ID: BFN2342
  • Access Fee: ₦5,000 ($14)
  • Pages: 82 Pages
  • Format: Microsoft Word
  • Views: 199
Payment Instruction
Bank payment for Nigerians, Make a payment of ₦ 5,000 to

Bank GTBANK
gtbank
Account Name Obiaks Business Venture
Account Number 0211074565

Bitcoin: Make a payment of 0.0005 to

Bitcoin(Btc)

btc wallet
Copy to clipboard Copy text

500
Leave a comment...

    Details

    Type Project
    Department Banking and Finance
    Project ID BFN2342
    Fee ₦5,000 ($14)
    No of Pages 82 Pages
    Format Microsoft Word

    Related Works

    CHAPTER ONE INTRODUCTION 1.1     BACKGROUND OF THE STUDY The Nigerian banking sector, which plays the intermediation role between the surplus and deficit sectors of the economy, propels the development and growth of the economy. Soludo (2004), proposes the reform of the banking sector with the sole objective of moving the economy forward and... Continue Reading
    ABSTRACT This research work on the impact of training and development of human resource as a critical factor in banking sector a case study of First bank of Nigerian plc main branch Enugu. The main objective of the study is to evaluate the effect of training and development of human resource in bank operation. The population of study which is the... Continue Reading
    ABSTRACT   This research work on the impact of training and development of human resource as a critical factor in banking sector a case study of First bank of Nigerian plc main branch Enugu. The main objective of the study is to evaluate the effect of training and development of human resource in bank operation. The population of study which is... Continue Reading
    Knowledge Management in organizations has become an important strategic weapon for sustaining competitive advantage. Knowledge management manages the corporation’s knowledge through a systematically and organizationally specified process for acquiring, organizing, sustaining, applying, sharing and renewing both the tactic and explicit knowledge... Continue Reading
    ABSTRACT Knowledge Management in organizations has become an important strategic weapon for sustaining competitive advantage. Knowledge management manages the corporation’s knowledge through a systematically and organizationally specified process for acquiring, organizing, sustaining, applying, sharing and renewing both the tactic and explicit... Continue Reading
    ABSTRACT This study investigates the critical success factors of TQM project implementation in the Nigerian banking industry as a strategy for improving the quality of service delivery to customers. In carrying out the study primary data were used and a combination of Factor and regression analytical tools was used in the analysis. The Objective... Continue Reading
    ABSTRACT  This study investigates the critical success factors of TQM project implementation in the Nigerian banking industry as a strategy for improving the quality of service delivery to customers.  In carrying out the study primary data were used and a combination of Factor and regression analytical tools was used in the analysis. The... Continue Reading
    ABSTRACT This study investigates the critical success factors of TQM project implementation in the Nigerian banking industry as a strategy for improving the quality of service delivery to customers. In carrying out the study primary data were used and a combination of Factor and regression analytical tools was used in the analysis. The Objective... Continue Reading
    ABSTRACT This research work on the impact of training and development of human resource as a critical factor in banking sector a case study of First bank of Nigerian plc main branch Enugu. The main objective of the study is to evaluate the effect of training and development of human resource in bank operation. The population of study which is the... Continue Reading
    ABSTRACT This research work on the impact of training and development of human resource as a critical factor in banking sector a case study of First bank of Nigerian plc main branch Enugu. The main objective of the study is to evaluate the effect of training and development of human resource in bank operation. The population of study which is the... Continue Reading
    Call Us
    whatsappWhatsApp Us