The Ministry of Education of Azerbaijan Republic The impacts of e-banking to the development of Azerbaijan economy

The Ministry of Education of Azerbaijan Republic

The impacts of e-banking to the development of Azerbaijan economy

Fidan Abbasova

UNEC SABAH

Azerbaijan State University of Economics

JUNE 2019

Acknowledgements

I am one-step away from being a graduate of the SABAH Group of Departments who I once wanted to become a student. Once again, I have seen that I was not mistaken for my desires to correctly address them during these years. Because I have gained enough knowledge and experience over this years to write my diploma successfully. In acquisition of knowledge and experience and the successful writing of my diploma, I would like express my deepest gratitude and appreciation for aiding and supporting from sincere heart to my leading supervisor Dean, a Cand. of Econ., Assoc. Prof. Aida Aydin Guliyeva; Head of SABAH groups at Azerbaijan State University of Economics (UNEC).

During this time, I am huge thanks to my closer friends who are with me in patience, love and I am especially thankful to my best friends, Inji and Nail, and I express my special gratitude to my dear mother.

Abstract

The e-banking system, its development priorities and the ways to overcome the obstacles facing this development are one of the topical issues in today's world. Unlike other countries, due to the fact that electronic banking is a new field in our country, special attention is paid to the development of the industry by the state and banks. However, as well as the fact that most of the population is unable to fully grasp technological advances resulting from technological advancement and technological advancement, as well as security risks, is one of the major problematic issues in the concept of electronic banking. In this regard, the role of electronic banking in the Azerbaijani economy is important. Therefore, the study of the negative and positive effects of electronic banking by banks and analysing of the impact of these impacts on the socio-economic indicator on the economy of Azerbaijan is important and necessary. Practically, the analysis and resolve of the activity sphere of the services provided by the banks of the Republic of Azerbaijan in electronic banking were carried out, the results and proposals were put forward.