EFFECT OF ELECTRONIC BANKING ON PROFITABILITY OF FIRST BANK NIG. PLC

ABSTRACT The studiy focused on the examine the effects of'electronic banking on profitability of DMBs; a case study of First Bank Plc. The main objective of the study is to examine the effects of electronic banking on profitability of First Bank Plc The study adopted a descriptive research design and involved the collection of data aligned to the research questions. The population of this study comprises of sixty (60) staffs First Bank Plc. The study used both quantitative. Coded data was analyzed using frequency distribution, percentages, and presented using tables. The sample size for this study is sixty (60) respondents to be selected from the study population. Chi-square analysis was ușed to analyse the data. The study concluded there was a strong positive relationship berween financial performance of access banks and electronic banking, as it was found that there was a strong relationship between financial performance of access banks and electronic banking. Size of the bank was also found to positively influence the financial performance of access banks in Nigeria. The study recommends that The Access Bank Plc. should as a matter of policy put machinery at stake to ensure that facilities and equipment of electronic banking system are been maintained regularly, upgraded and serviced to avoid breakdown or failure.