Artikel

Effects of e-banking on growth of customer base in kenyan banks

The study highlights the effects of E-banking services on growth of customer base in Kenyan banks for over the last five years. It addresses issues that affect effective utilization of E-banking facilities by customers. The study generally investigates how lack of technological know-how, illiteracy, unreliability, and transaction limits has hindered growth of on-line customer base in Kenyan banks. E-banking provides enormous benefits to consumers in terms of time saving and cost of transactions, either through internet, telephone or other electronic delivery channels. The research adopted a descriptive research design, to survey of selected Kenyan banks. The study used stratified random sample to ensure equal representation where 135 respondents who were selected from the strata/ banks. According to the results obtained in the study e-banking has enhanced the growth of the customer base for the banking institutions in Kenya, through enhancing banking services accessibility to a larger population in the country. Therefore the study recommended that the banks should embrace e-banking as a key competitive advantage.

Language
Englisch

Bibliographic citation
Journal: The International Journal of Management Science and Information Technology (IJMSIT) ; ISSN: 1923-0273 ; Year: 2014 ; Issue: 11-(Jan-Mar) ; Pages: 48-64 ; Toronto: NAISIT Publishers

Classification
Management
Subject
Electronic Banking
Innovation
Internet Banking and Customer Base

Event
Geistige Schöpfung
(who)
Okibo, Bichanga Walter
Wario, Ali Yattani
Event
Veröffentlichung
(who)
NAISIT Publishers
(where)
Toronto
(when)
2014

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Okibo, Bichanga Walter
  • Wario, Ali Yattani
  • NAISIT Publishers

Time of origin

  • 2014

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