Volume 16, Issue 4 (Fall 2021) J. Mon. Ec. 2021, 16(4): 501-532 | Back to browse issues page
‎ 10.52547/jme.16.4.501
Hosseini S S, Hafezi E. E-Banking Progress Index (E-BPI). J. Mon. Ec. 2021; 16 (4) :501-532
E-Banking Progress Index (E-BPI)
Seyed Shamsedin Hosseini1, Esmaeel Hafezi * 1
1- Faculty of Economics, Allameh Tabataba'i University
Abstract: (567 Views)
The technological revolution has spread over today's world, and it is clearly seen in banking, especially electronic banking. E-Banking has many dimensions, criteria, and components, and judging its progress based on dimensions leads to difficulty and bias. There is also a lack of comprehensive information references in the literature. Therefore, introducing a combinational index to accurately assess its progress is inevitable. In this research, the E-Banking Progress Index (E-BPI), which focuses on the infrastructures and the tools of e-banking and has five dimensions: Technical and Communicational Infrastructures; Services; Cultural-Educational Infrastructures; Security and Supervision; and Legal-Regulatory Infrastructures is created.
It also has several applications in investigating the progress of e-banking in a bank or a country and comparing it among banks or countries. This research, using Analytic Hierarchy Process (AHP), leads to the introduction of a combinational index to measure the progress of e-banking, which is able to analyze its strength and weakness. E-BPI provides a score between 0 and 1. The more the score, the stronger the e-banking is.
Keywords: Electronic Banking, Technological Revolution, Combinational Index, Analytic Hierarchy Process (AHP)
Full-Text [PDF 748 kb] (222 Downloads)
Type of Study: Original Research - Empirical | Subject: Monetary Economics
Received: 7 Jun 2021 | Accepted: 26 Feb 2022 | Published: 2 Mar 2022