Mobile banking has often been advertised as an essential economic tool broadly
applicable for mobilizing savmgs, poverty alleviation and sustainable
development claiming this and dealing with the most vulnerable part of society.
Mobile banking should not only pursue financial viability since it has strong
social commitment and further need to guarantee resource mobilization in
order to sustain the life basis of people it aims to empower.
The research study was carried on the impact of Mobile Banking in
mobilization of savings. The objectives of the study were to assess the
relationship between mobile banking and savings mobilization in Uganda and
to establish the relationship between the rate of use of mobile banking services
and level of education of the customers.
The researcher used descriptive methodologies; design and survey were used to
collect data using interview questionnaires. The research was both quantitative
and qualitative in nature. Data was checked for accuracy, relevancy and
completeness. All these was done for the purpose of summarizing and the
interpretation of the results
After the process of classifying and editing, Data was converted in percentage
and frequencies for tabulation and interpretation. These tables and graphs
were of use in illustrating and summarizing the findings and gave correlation
test and chi-square tests to estimate the extent of the relationship between
independent variables and dependent variables.
The findings of the study reveal that the major indicator of improved mobile
banking service delivery was extension of variety of services to the consumers.
Savings mobilization was mainly understood as a result of increased
education/ literacy of the masses about the importance of saving. The findings
of the study further reveals that there is a significant relationship between
mobile banking devices and the savings mobilization and conclude that there is
insignificant relationship between the rate of use of mobile banking services
and level of education. In conclusion, the study puts it that when there is an
increase in use of mobile banking devices, savings mobilization increases other
factors kept constant and a reduction in the use of mobile banking devices
reduces on savings. On the other hand, the rate of use of mobile banking
services was found out to vary inversely to the level of education of the customers
Research, S. (2022). THE IMPACT OF MOBILE BANKING IN MOBILIZATION OF SAVINGS IN THE UGANDAN ECONOMY A CASE STUDY OF POST BANK UGANDA, CITY BRANCH FROM 2006 TO 2011. Afribary. Retrieved from https://afribary.com/works/the-impact-of-mobile-banking-in-mobilization-of-savings-in-the-ugandan-economy-a-case-study-of-post-bank-uganda-city-branch-from-2006-to-2011
Research, SSA "THE IMPACT OF MOBILE BANKING IN MOBILIZATION OF SAVINGS IN THE UGANDAN ECONOMY A CASE STUDY OF POST BANK UGANDA, CITY BRANCH FROM 2006 TO 2011" Afribary. Afribary, 14 Aug. 2022, https://afribary.com/works/the-impact-of-mobile-banking-in-mobilization-of-savings-in-the-ugandan-economy-a-case-study-of-post-bank-uganda-city-branch-from-2006-to-2011. Accessed 28 Sep. 2022.
Research, SSA . "THE IMPACT OF MOBILE BANKING IN MOBILIZATION OF SAVINGS IN THE UGANDAN ECONOMY A CASE STUDY OF POST BANK UGANDA, CITY BRANCH FROM 2006 TO 2011". Afribary, Afribary, 14 Aug. 2022. Web. 28 Sep. 2022. < https://afribary.com/works/the-impact-of-mobile-banking-in-mobilization-of-savings-in-the-ugandan-economy-a-case-study-of-post-bank-uganda-city-branch-from-2006-to-2011 >.
Research, SSA . "THE IMPACT OF MOBILE BANKING IN MOBILIZATION OF SAVINGS IN THE UGANDAN ECONOMY A CASE STUDY OF POST BANK UGANDA, CITY BRANCH FROM 2006 TO 2011" Afribary (2022). Accessed September 28, 2022. https://afribary.com/works/the-impact-of-mobile-banking-in-mobilization-of-savings-in-the-ugandan-economy-a-case-study-of-post-bank-uganda-city-branch-from-2006-to-2011