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Effect of E-Banking on Banking Sector of Bangladesh

Received: 16 March 2016     Accepted: 24 March 2016     Published: 5 April 2016
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Abstract

The study was designed to investigate the impact of e-banking in Bangladesh. There appears a few extensive study on e-banking practices has been conducted in Bangladesh. But no comprehensive study has yet been conducted especially on security of e-banking in Bangladesh. The main objective of present study is to find out the practice and impact of e-banking in Bangladesh. The investigation was concentrated in various divisions, districts, towns and rural areas in Bangladesh. The sample consisted of 120 bankers and bank customers, were selected purposively from various territory. For analyzing data suitable statistical tools Statistical Package for Social Science (SPSS) were used. Major findings of this study is e-banking required minimum man power than traditional banking, E-banking reduces carrying cash, Cards are used for shopping, No need to maintain huge documents for banking functions in e-banking, Customers feel insecurity from hijacker to withdraw and deposit money from ATM booths, All the ATM booths of Bangladeshi banks are not in safe position.

Published in International Journal of Economics, Finance and Management Sciences (Volume 4, Issue 3)
DOI 10.11648/j.ijefm.20160403.11
Page(s) 93-97
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2016. Published by Science Publishing Group

Keywords

E-banking, Impact, Security

References
[1] Sadekin M S and Shaikh A H (2015) “Current Status of E-Banking Practices in Bangladesh.” Scholar Journal of Business and Social Science, Vol.1
[2] Hossain M M, Irin D, Islam M S and Saha S (2013) “Electronic-Banking Services: A Study on Selected Commercial Banks in Bangladesh” Asian Business Review, Volume 3, Number
[3] Al-Amin S and Rahman S (2010) “Application of Electronic Banking in Bangladesh; An Overview” Bangladesh Research Publication Journal, Voliume-4
[4] Baten M A and Kamil A A (2010) “E-Banking of Economical Prospects in Bangladesh.” Journal of Internet Banking and Commerce. V-15
[5] Bahl S (2012) “E-Banking: Challenges & Policy Implications.” International Journal Of Computing & Business Research
[6] Leow, H B (1999) New Distribution Channels in banking Services. Bankers Journal Malaysia, No. 110
[7] Islam M M (2005) “Proposed ICT infrastructure for E-banking in Bangladesh” Royal Institute of Technology (KTH), Department of Computer and Systems Sciences (DSV), Stockholm, Sweden
[8] Jalal A, Marzooq J, Nabi H A (2011) “Evaluating the Impacts of Online Banking Factors on Motivating the Process of E-banking” Journal of Management and Sustainability
[9] Sadekin M S and Shaikh A H (2016) “Security of E-Banking in Bangladesh” Journal of Finance and Accounting
[10] Al Nahian Riyadh, Md. Shahriar Akter, Nayeema Islam (2009) “The Adoption of E-banking in Developing Countries: A Theoretical Model for SMEs” International Review of Business Research Papers
[11] Hasan A. H. M. S, Baten M A, Kamil A A, Parveen S ( 2010) “Adoption of e-banking in Bangladesh: An exploratory study” African Journal of Business Management
[12] Khan W, Kamruzzaman M (2012) “Problems and Prospects of E-Banking In Bangladesh” Development Compilation, Vol. 07. No. 02
[13] Ali M M (2010) “E-business and on-line banking in Bangladesh: an analysis” Banks and Bank Systems, Volume 5, Issue 2
Cite This Article
  • APA Style

    Mohammad Shamsus Sadekin, Md. Abdul Hannan Shaikh. (2016). Effect of E-Banking on Banking Sector of Bangladesh. International Journal of Economics, Finance and Management Sciences, 4(3), 93-97. https://doi.org/10.11648/j.ijefm.20160403.11

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    ACS Style

    Mohammad Shamsus Sadekin; Md. Abdul Hannan Shaikh. Effect of E-Banking on Banking Sector of Bangladesh. Int. J. Econ. Finance Manag. Sci. 2016, 4(3), 93-97. doi: 10.11648/j.ijefm.20160403.11

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    AMA Style

    Mohammad Shamsus Sadekin, Md. Abdul Hannan Shaikh. Effect of E-Banking on Banking Sector of Bangladesh. Int J Econ Finance Manag Sci. 2016;4(3):93-97. doi: 10.11648/j.ijefm.20160403.11

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  • @article{10.11648/j.ijefm.20160403.11,
      author = {Mohammad Shamsus Sadekin and Md. Abdul Hannan Shaikh},
      title = {Effect of E-Banking on Banking Sector of Bangladesh},
      journal = {International Journal of Economics, Finance and Management Sciences},
      volume = {4},
      number = {3},
      pages = {93-97},
      doi = {10.11648/j.ijefm.20160403.11},
      url = {https://doi.org/10.11648/j.ijefm.20160403.11},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20160403.11},
      abstract = {The study was designed to investigate the impact of e-banking in Bangladesh. There appears a few extensive study on e-banking practices has been conducted in Bangladesh. But no comprehensive study has yet been conducted especially on security of e-banking in Bangladesh. The main objective of present study is to find out the practice and impact of e-banking in Bangladesh. The investigation was concentrated in various divisions, districts, towns and rural areas in Bangladesh. The sample consisted of 120 bankers and bank customers, were selected purposively from various territory. For analyzing data suitable statistical tools Statistical Package for Social Science (SPSS) were used. Major findings of this study is e-banking required minimum man power than traditional banking, E-banking reduces carrying cash, Cards are used for shopping, No need to maintain huge documents for banking functions in e-banking, Customers feel insecurity from hijacker to withdraw and deposit money from ATM booths, All the ATM booths of Bangladeshi banks are not in safe position.},
     year = {2016}
    }
    

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  • TY  - JOUR
    T1  - Effect of E-Banking on Banking Sector of Bangladesh
    AU  - Mohammad Shamsus Sadekin
    AU  - Md. Abdul Hannan Shaikh
    Y1  - 2016/04/05
    PY  - 2016
    N1  - https://doi.org/10.11648/j.ijefm.20160403.11
    DO  - 10.11648/j.ijefm.20160403.11
    T2  - International Journal of Economics, Finance and Management Sciences
    JF  - International Journal of Economics, Finance and Management Sciences
    JO  - International Journal of Economics, Finance and Management Sciences
    SP  - 93
    EP  - 97
    PB  - Science Publishing Group
    SN  - 2326-9561
    UR  - https://doi.org/10.11648/j.ijefm.20160403.11
    AB  - The study was designed to investigate the impact of e-banking in Bangladesh. There appears a few extensive study on e-banking practices has been conducted in Bangladesh. But no comprehensive study has yet been conducted especially on security of e-banking in Bangladesh. The main objective of present study is to find out the practice and impact of e-banking in Bangladesh. The investigation was concentrated in various divisions, districts, towns and rural areas in Bangladesh. The sample consisted of 120 bankers and bank customers, were selected purposively from various territory. For analyzing data suitable statistical tools Statistical Package for Social Science (SPSS) were used. Major findings of this study is e-banking required minimum man power than traditional banking, E-banking reduces carrying cash, Cards are used for shopping, No need to maintain huge documents for banking functions in e-banking, Customers feel insecurity from hijacker to withdraw and deposit money from ATM booths, All the ATM booths of Bangladeshi banks are not in safe position.
    VL  - 4
    IS  - 3
    ER  - 

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Author Information
  • Department of Humanities, Chittagong University of Engineering & Technology, Chittagong, Bangladesh

  • Department of Management, Islamic University, Kushtia, Bangladesh

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