Abstract:
The study focused on the influence of mobile banking on
the performance of financial institutions in Uganda,
taking the case of Stanbic Bank, Masaka Branch.
Description:
The study findings revealed that there was a statistically
significant positive correlation between funds transfer and
performance of the bank, represented with (r (128) = .722,
P<.05). The study findings also revealed that there was a
statistically significant positive correlation between the
security of funds and performance of the bank represented
by (r (128) = .894, P<.005). The findings also revealed
that there was a statistically significant positive
correlation between the complexity of the system and the
performance of the bank, represented by (r (128) = .372,
P<.005); the complexity of the system was the lowest
contributor to the performance of Stanbic bank with a
score of 13.0% compared to the security of funds which
was the highest at 89.4% followed by funds transfer which
was at 72.2%.
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