E-Banking in Bangladesh: an Exploratory Study

Nowadays e-commerce, e-business and financial services industry discombobulate progressively become a necessary component of business strategy and a strong catalyst for economic development. As a thirdworld growth 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 composition has been done mainly based on primary and secondary sources of information or information, which included different publications. This paper is aimed at to take the present scenario of e-banking and banking sectors in Bangladesh and at the same time it show the scope and benefits of e-banking compared with the vivacious system. This paper addressed significant gaps in existing knowledge about the profit banking and landscape. We tried to present actual situation of e-banking in the marketing point of view in Bangladesh. The results showed that e-banking serves several(prenominal) advantages to Bangladeshi banking sector, however, this study also observed that the Bangladeshi customers sire 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. Key speech: Banking sector, e-banking, economy, Bangladesh.

INTRODUCTION E-banking is now a global phenomenon. It is an invaluable and powerful whoreson driving development, supporting growth, promoting innovation and enhancing competitiveness (Kamel, 2005 and Nath, Shrick and Parzinger, 2001). Technological innovations have been identified to contribute to the distribution channels of banks and these electronic spoken communication channels are collectively referred to as electronic banking (Goi, 2005). The evolution of banking engineering science has been driven by changes in distribution channels as bear witness by automated teller machine (ATM), Phone-banking, Telebanking, PC-banking and most recently internet banking (Chang, 2003; Gallup... If you want to get a full essay, order it on our website: Orderessay

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