THE ROLE OF ELECTRONIC BANKING AS A TOOL TO FINANCIAL INCLUSION IN NIGERIA
E. Chuke Nwude,
Nobis Donatus Igweoji and
Sergius Nwannebuike Udeh
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E. Chuke Nwude: Department of Banking and Finance, Faculty of Business Administration University of Nigeria Enugu campus, Enugu state, Nigeria
Nobis Donatus Igweoji: Department of Banking and Finance, Faculty of Business Administration University of Nigeria Enugu campus, Enugu state, Nigeria
Sergius Nwannebuike Udeh: Department of Accounting and Finance, Faculty of Management and Social Sciences, Godfrey Okoye University, Enugu. Enugu state, Nigeria
Noble International Journal of Business and Management Research, 2020, vol. 4, issue 1, 01-08
Abstract:
There are claims that electronic banking can be used to provide access to financial services without much additional costs to the banking populations in developing countries. As a result some developing countries have geared towards using such channels to bring the unbanked population into the banking cubicle. Based on the perception that it increases banks performance and improves financial inclusion the study investigates the effect of e-banking on banks’ performance and financial inclusion in Nigeria. The dataset was collected from Statistical bulletin of the Central Bank of Nigeria, National financial inclusion strategy bulletin and World Bank economic indicators. The result revealed that electronic banking has made positive and significant contribution in promoting financial inclusion in Nigeria 2007-2017.
Keywords: Electronic Banking; Financial Inclusion; Banking Population; Unbanked (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:nap:nijbmr:2020:p:01-08
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