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The Role Of Electronic Banking As A Tool To Financial Inclusion In Nigeria

Author

Listed:
  • 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)

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.

Suggested Citation

  • E. Chuke Nwude & Nobis Donatus Igweoji & Sergius Nwannebuike Udeh, 2020. "The Role Of Electronic Banking As A Tool To Financial Inclusion In Nigeria," Noble International Journal of Business and Management Research, Noble Academic Publsiher, vol. 4(1), pages 01-08, January.
    • Handle: RePEc:nap:nijbmr:2020:p:01-08
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    References listed on IDEAS

    as
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    2. Nur Alam Siddik & Gang Sun & Yanjuan & Sajal Kabiraj, 2014. "Financial Inclusion through Mobile Banking: A Case of Bangladesh," Journal of Applied Finance & Banking, SCIENPRESS Ltd, vol. 4(6), pages 1-7.
    3. Santiago FernAndez de Lis & Maria Claudia Llanes & Carlos Lopez-Moctezuma & Juan Carlos Rojas & David Tuesta, 2014. "Financial inclusion and the role of mobile banking in Colombia: developments and potential," Working Papers 1404, BBVA Bank, Economic Research Department.
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