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- W2117375717 abstract "The banking industry has been facing many challenges during the last decade. One of these challenges is the technology transmission in its overall processes, not only in the implementation and processing of financial innovation operations like securitization newly learnt today in the banking industry in Lebanon, but also in the transition towards innovation in the internal way of working of these banks. New information and communication technology has been integrating the indirect financial system to fasten, empower and ease access to all users. It is a tool which impact has not been yet addressed by researchers and that is interesting to investigate in this survey. Consequently, two core questions narrow the research question. The first is: what are the opportunities and motivations of Lebanese commercial banks behind implementation of NICTs? The second question is: what are the effects of NICT on the production function, on the distribution function and on the productivity function of these banks? After defining in the conceptual part the banking businesses and their evolution, we will study the impact of technological change on the functioning of the bank. The second part is devoted to empirical validation through which two qualitative questionnaires are analyzed. The main purpose of this paper is to analyze first the changes and mutations of the various professions of the bank through technological transition and second to measure technological performance of Lebanese Commercial Banks. Our investigations confirm that new technologies play an important role in the development of the banking industry, strengthening their profitability and improving their productivity." @default.
- W2117375717 created "2016-06-24" @default.
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- W2117375717 date "2015-04-26" @default.
- W2117375717 modified "2023-10-01" @default.
- W2117375717 title "Technological Transition of Banks for Development: New Information and Communication Technology and Its Impact on the Banking Sector in Lebanon" @default.
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- W2117375717 doi "https://doi.org/10.5539/ijef.v7n5p186" @default.
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