Degree
Master of Business Administration Executive
Faculty / School
Faculty of Business Administration (FBA)
Year of Award
2013
Project Type
MBA Executive Research Project
Access Type
Restricted Access
Keywords
Executive Summary
The core banking system is a set of software components that manages basic services provided by the bank to its customers through its subsidiaries {the branch network). Bank customers can also conduct their transactions (deposits and withdrawals) from alternate delivery channels i.e ATM, CDM and CCDM at their disposal. In the long term, the problem banks are facing is to maintain their competitive advantage. Banks must change their business plan: knowledge of market trends and install state of the art technology for better service to their clients. This applies to central banks to private banks, retail banks and investment banks. The biggest challenge for banks in Pakistan to install Core banking systems and develop new products and services and reduce total cost of ownership while remaining affordable for consumers. The core banking system has become important basic practice among commercial banks in Pakistan. The introduction of core banking systems have increased efficiency of banks , In line with this objective, the study conducted to gauge the impact of the core banking system to raise core banking branches in Pakistan. Cluster sampling technique used to collect data through questionnaires from forty (40) Allied Bank officers and the result shows that the bank's core banking allies system (T-24) not only improve work efficiency, but also improve customer relations with the bank. T-24 is an effective core banking system, which would enhance the of Allied Bank .To the end, it is recommended that the bank should encourage and line training program and impart appropriate training to bank employees before going into the phase-out roll. It is also recommended that Allied Bank should upgrade its infrastructure to improve the connectivity speed. fortune stream IT
Pages
45
Link to Catalog Record
https://ils.iba.edu.pk/cgi-bin/koha/opac-detail.pl?biblionumber=55211
Recommended Citation
Ahmed, J. (2013). Implementation of core banking system impact, challenges and beenfits (Unpublished graduate research project). Institute of Business Administration, Pakistan. Retrieved from https://ir.iba.edu.pk/research-projects-emba/417
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