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THE SIGNIFICANCE OF INFORMATION TECHNOLOGY ON THE BANKING INDUSTRY (A CASE STUDY OF FIRST BANK PLC ENUGU MAIN)

ABSTRACT

This study is intended to evaluate the impact of  information technology in the banking industry. Information technology includes any communication devices such as telephone i.e cellular phone television computer and network hardware  and software satellite system and so on as well as video conferencing and distance learning. Information technology such as on line banking and relationship marketing are increasingly important.  In the banking industry they use information technology channels to interest  with their financial services provider and this interaction affects the relationship quality  between the customers and  the financial services providers. Any banking industry that did not exhibition an information technology gap have more positive perceptions with their financial services provides. Information technology which deal with the roles and impact it plays on the banking industry has improved the economy. The objectives of the study includes to find out the major cause of information technology in the banking industry do find out whether the information technology is efficient or not to recommend solution based on the findings  and to know whether it perform belong expectation. Methodology used in collecting data include only primary and secondary sources of data.  From the data collected the researcher will find out  whether the information technology has improved the services renders  or not  the researcher will also worked on the problem of information technology and solution to the problem. Finally she will show how information technology has improved their services in the banking industry.

TABLE OF CONTENT

Chapter one

1.0     Introduction

Background of the study

Statement of problem

Objective of research

Scope and delimitation of study

Research question

Significance of the study

Definition of terms

Chapter two

2.0     Literature review

An overview of information technology

Other development of information technology

General background to information technology

Technology and bank transformation

The application in the banking industry

Survival of information technology

Setbacks of information technology

Hindrances to information technology

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