ABSTRACT
This research project
work was undertaken with a purpose of determining and evaluation of the effect
of computerizing banking service and its efficiency on the banking services in
Nigeria.
The effect of
computerizing the banking services on the behavioural aspect of management
information system are Aggression Avoidance and projection on the other hand,
other operational pressures are maintaining the system; personal problems in
the book-keeping department, maintaining book-keeping machines.
Expanding volume of
operation; need to accommodate the increasing volume, need to maintain or
reduce cost. Unsatisfactory output; errors in terms of reports and
statement delays in work processing. Needs or system change.
The study has a library
research and empirical study. Additional information were collected from
journals bullions textbooks and newspapers etc. It was been clear to me
from what I found out that computerizing banking services plays a very big
positive effect on Nigeria Banking Services. It provide better
information for commercial loan management improves the speed limit &
accuracy of services to customers, and also provides necessary data input for
advanced financial information systems.
It leads to problem
awareness, permit feedback on the implementing of decision, it support problem
analysis and selection of alternatives. It influences the choice of the
most appropriate option. Also computer are used in implementing
strategies or plans for they can also be used for drawing up the budget in
constituting investment portfolio and in bank’s balance sheet management.
From the word been
mentioned above it is quite clear that if Nigeria banks continue to encourage
the use of computerized banking service that Nigeria would have a better
standard of living & the work of science & technology as regards to
computer services.
TABLE OF CONTENT
CHAPTER ONE
INTRODUCTION
1.1 Background
of the study
1.2 Statement
of the study
1.3 Objective
of the study
1.4 Research
question
1.5 Significance
of the study
1.6 Scope,
limitation & delimitation of study
1.7 Definition
of term
CHAPTER TWO
2.0 Review
of related study
2.1
Why banks use computer
2.2 What
can computers do
2.3 Current
and part effort at computerization in banks
2.4 Cost
of computerization in banks
2.5 Benefits
of computerization in banks
Notes
CHAPTER THREE
3.0 Research
design and methodology
3.1
Source of data
3.2 Secondary
data
3.3 Location
of data
3.4 Method
of investigation
CHAPTER FOUR
4.0 Findings
4.1
Findings under way banks use computer
4.2 Finding
under what computer can do
4.3 Finding
under current and past effort of computerization in bank
4.4 Findings
under cost of computerization in banks
4.5 Finding
under benefits of computerization in banks
CHAPTER FIVE
Recommendation and
conclusion
Recommendation
Conclusion
Bibliography
CHAPTER ONE
INTRODUCTION
1.1 BACKGROUND
OF STUDY
The need for information
is great and necessary in banking sector because of the nature of their
business quick and accurate decision must be taken, like in the money market
foreign exchange etc. Banks must react quickly to change the interest
rate and volatile variable in their operation where as in the production
industries, mistakes can be rectified and losses been minimized.
Millions of naira may be
irretrievably lost in the banking industries as a result of wrong decision
based on increase information, computer is employed prominently by Nigeria
banks at all the three management operations, management control and
strategies. Leading is the most important activity of banks.
The need for change as
for effective use of computer lending office arose as a result of banks
experiencing growing competition from officers lenders, funds available are
thereby increase move costly time and savings with the result that the average
cost of funds will be relatively higher, loans are becoming move complex and
also great concern for the profitability of customer’s total bank relationship
rather than profit derived from the use of specific service. The
transformation process could be seen as the management process which has to be
effective to ensure the feasibility of working on the set inputs to produce not
only the service, but also to come up with reasonable profit for the
shareholder and the public at large.
1.2 STATEMENT
OF 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 either objective
definition and target decision, forecasting, calculating planning gaps
definition constraints and means. Through the use of computer leads to effective
use of information’s, like problem awareness, support problem analysis and
selection of alternative, influence the choice of most appropriate options,
permit a feedback on the implementation plan which can be used for drawing up
the budget for constituting investment portfolio and bank balance sheet
management.
In area of
organizational control In banks, the computer has been found useful, especially
in terms of quick signal which bring about fast awareness of problems.
Generally, computer
system makes it possible to centralize authority and control in the banking
services.
1.3
OBJECTIVE OF STUDY
To examine the extent to
which computerization of banks has affected or contributed to the banking
service in Nigeria. To make recommendation on how to improve the
efficiency of banks in Nigeria by using computerized banking operations.
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.
To correct unsatisfactory
output i.e. Errors in deports and statement delay in processing work and need
for system change.
1.4
SIGNIFICANCE OF STUDY
It is hoped that this
study will help to ascertain the extent to which computerization the extent to
which computerization of banking service, it effect on the efficiency of
banking service in Nigeria. These is particularly important for making
bank policies which effect computerization of banking service in Nigeria and
its effect, in which to achieve their arm and objectives.
It is important to note
that this study will help to identify the drawback and also solve the Nigeria
errors in supplying rightful information concerning banking service.
It can also be useful to
the monetary authority because, it suggest the monetary & fiscal policy.
1.5 DEFINITION
OF TERMS
E.F.T:-
Which means electronic fund transfer is used to link together all branches of
the banks within the state/country through the use of computer, A.T.M:-
Automated teller machine are computerized equipment, which in addition to
dispensing cash, allows the customer the opportunity of paying cash after
normal hours.
CREDIT CARDS:- Provides the means of obtaining goods and
services, but pays on a future date.
M.I.C.R:- This improves
the cheque through clearing system by eliminating errors due to wrong setting.
Department | Banking and Finance |
Project ID Code | BFN0157 |
Chapters | 5 Chapters |
No of Pages | 31 pages |
Methodology | Descriptive |
Reference | YES |
Format | Microsoft Word |
Price | ₦4000, $15 |
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Contact Us On | +2347043069458 |