The role of information technology in commercial banks

Abstract

Globally, information technology has become a key element in economic development of many countries in the world.  Over the years, many innovations have taken place in the world, the most striking and most celebrated is the aspect of information technology.  Organizations today are confronted with rapidly changing market condition indicated by high merger rate and strong competitors under these conditions, traditional management approaches that focus on introduction, challenges and solution of information technology application on commercial banks, internal network and communication in commercial bank, data analysis, findings, suggestions and conclusion.