Financial innovation as a tool for enhancing financial performance in Algerian banks
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Date
2024
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Publisher
University of Oum El Bouaghi
Abstract
The research aims to explore the role of financial innovation in improving the financial performance of Algerian banks in the Tebessa region. To achieve this, a descriptive analytical approach was adopted. Whereas a questionnaire consisting of 24 statements was designed and distributed to a sample of 90 employees of the banks where the survey was conducted. This study concludes that there is a positive correlation between these two variables, It also concludes that Tebessa's Algerian banks is employing financial innovations to improve its efficiency and financial performance, thereby contributing to higher customer satisfaction and lower financial transaction costs.
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Keywords
Financial; Performance; Financial innovation; Efficiency; Algerian banks