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E-Banking of Economical Prospects in Bangladesh

Author

Listed:
  • Azizul Baten, Mohammad

    (Universiti Sains Malaysia)

  • Kamil, Anton Abdulbasah

    (Universiti Sains Malaysia)

Abstract

Now a day’s due to emerging global economy, e-commerce and e-business have increasingly become a necessary component of business strategy and a strong catalyst for economic development. The new information technology is becoming an important factor in the future development of financial services industry, and especially banking industry. As a third-world developing country, Bangladesh is far behind to reach the expected level in global banking system. So it is our urgent need to upgrade its banking system. This paper is aimed at to determine economical prospects of e-banking and to explain the present scenario of banking sectors in Bangladesh and at the same time it demonstrates the scope and benefits of e-banking compared with the existing system. This paper also tries to present actual situation of e-banking in the marketing point of view in Bangladesh. The results of this study shows that e-banking serves several advantages to Bangladeshi banking sector, however, the study also shows that the Bangladeshi customers have not enough knowledge regarding e-banking which is rendering by banking sector in Bangladesh. A discussion of the implications of these results and limitations are provided at the end.

Suggested Citation

  • Azizul Baten, Mohammad & Kamil, Anton Abdulbasah, 2010. "E-Banking of Economical Prospects in Bangladesh," Journal of Internet Banking and Commerce, , vol. 15(2), pages 01-10, August.
    • Handle: RePEc:ris:joibac:0440
    as

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    More about this item

    Keywords

    Banking sector; E-banking; Economy; Research study;
    All these keywords.

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values

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