traditiona banking vs modern banking
ACKNOWLEDGEMENTS
I am pleased to convey my sincere acknowledgements to all the people who contributed to the completion of this study.
Above all, I thank almighty God who always provides me with proper health and strength and this has contributed much to the completion of my study.
Next is my project supervisor, who spent his time, knowledge and skills in guiding me towards successful understanding and completion of the study. To me it has been a real learning experience.
Azania Bank officials who cooperated very well with, by providing any information I needed for my study.
My heartfelt gratitude to my mother for giving me financial support and material support which without this study could not have been complete.
Department of Banking and Financial Services, fellow students and friends for their motivation and providing me with conducive learning environment.
EXECUTIVE SUMMARY
The Institute of Finance Management(IFM) require the students to enhance the theoretical learning skills obtained in the class into practical as according to the syllabus and finally to prepare the project report. I conducted the project work at Kenya Commercial Bank.
The purpose of this report is to examine the financial statements, their uses and mathematical expressions from the statements, in particular balance sheet of Azania Bank Ltd, and all ratios that can be calculated and analyzed from the sheet.
Also the reports examines electronic banking, its scope, benefits to customers and banks, challenges of electronic banking to banks, how does the central bank mitigate risks associated with electronic banking and the context of electronic banking in Azania Bank and Tanzania in general. As BBF student I did a project career practically and obtained various skills, challenges and problems that boosted my understanding that will guide me to the successful future at the institute and the society at large. The
I am pleased to convey my sincere acknowledgements to all the people who contributed to the completion of this study.
Above all, I thank almighty God who always provides me with proper health and strength and this has contributed much to the completion of my study.
Next is my project supervisor, who spent his time, knowledge and skills in guiding me towards successful understanding and completion of the study. To me it has been a real learning experience.
Azania Bank officials who cooperated very well with, by providing any information I needed for my study.
My heartfelt gratitude to my mother for giving me financial support and material support which without this study could not have been complete.
Department of Banking and Financial Services, fellow students and friends for their motivation and providing me with conducive learning environment.
EXECUTIVE SUMMARY
The Institute of Finance Management(IFM) require the students to enhance the theoretical learning skills obtained in the class into practical as according to the syllabus and finally to prepare the project report. I conducted the project work at Kenya Commercial Bank.
The purpose of this report is to examine the financial statements, their uses and mathematical expressions from the statements, in particular balance sheet of Azania Bank Ltd, and all ratios that can be calculated and analyzed from the sheet.
Also the reports examines electronic banking, its scope, benefits to customers and banks, challenges of electronic banking to banks, how does the central bank mitigate risks associated with electronic banking and the context of electronic banking in Azania Bank and Tanzania in general. As BBF student I did a project career practically and obtained various skills, challenges and problems that boosted my understanding that will guide me to the successful future at the institute and the society at large. The