Management Of Innovation And Technology

RUNNING HEAD : Innovation and Technology The Effect of invigorated development in innovation and technology on the incontrovertibleness and practices of Commercial BanksNameCourseDateTutor1 .0 IntroductionCommercial lodges have a very beta agency role to play in frugal development . These banks are monetary institutions that accept deposits , offer business loans and run relate to the deposits and the loans . By offering banking services to the customers , commercial messageized banks are fit to convey deposits and give loans to businesses (Fraser et al , 2000 . In the contemporary clubhouse , commercial banking is also referred to as business banking .Commercial banks primary tar get down area is to hand profits and this has made development that occurs in two domestic help and global market to influence the banks favorableness and anxiety practices . Since the involution of commercial banks in various activities commit at change magnitude their profitability , commercial banks get to be highly competitive in the market .

To curb high levels of profitability , the services offered to the customers and the practices undertaken in commercial banks should be satisfactory to the customersThe profitability of commercial banks relies on the overall stability of the sparing environment in a given plain . A stable economic environment leads to an increase in profitability due to economic growth , sound investing decisions and growth and growth in savings The central bank plays a very im portant role in the profitability of commerc! ial banks and recommends that to achieve profitability , a banking institution should look that there is good management . The ability of a...If you want to get a full essay, show it on our website: OrderEssay.net

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