E-BANKING

An Introduction
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What is E-Banking ?
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E-banks
V/S

Traditional Banks
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E-Banking can be offered in two main ways

3. Physical Banks also offering e-banking.

5. E-Banks that only exist on Internet.

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 Physical Banks also offering e-banking.
e.g.
Citibank
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1. E-Banks that only exist on Internet.

e.g.
NetBank
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How do E-banks work?

 Computer systems with web servers,

database management systems, and web
applications programs.
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 Is E-banking secure?

identification Encryption
Firewalls
&
Authentication
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 What is Mobile phone banking ?
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 Mobile phone banking to start in 2006
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 Benefits of Mobile phone banking

• Cost of each transaction
• Bank robberies
• Convenience for customers
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 Virtual/Personal Banking
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 Facts & Figures
• Pakistan ranks 63 out of 65 countries
ranked for e-commerce readiness in
2004.
• The no of online branches in Pakistan
were 400 in 1999 & now they are up
to 2000.
• E-enabled plastic cards have
increased from 3 lacs to 1.6million.
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 Percentage of e-banking transactions

is close to 5 %.
 With the help of state bank the
progress of e-banking will continue at
a high pace.
 Progress of NBP

 NBP has doubled its online branches

in 12 more cities from 57 to 130.
 All NBP ATM’ S are now connected to
1 LINK or MNET.
 NBP is in final stages of development
of 70 new ATM’S across 12 cities in
Pakistan.
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 About MCB
MCB has 750 automated branches, 269 online
branches, over 190 MCB ATMs in 34 cities
nationwide and a network of over 16 banks on
the MNET ATM switch.
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 E-Banking in MCB
• MCB has a wide range of Online Services like
ATMs, Mobile Banking, Call Centre, Virtual
(Internet) Banking and a lot of Cards to suit
every need.
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 MCB ATMs Services
Over 190 MCB ATMs in 34 cities nationwide
and a network of over 16 banks on the MNET
ATM switch.
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 MCB mobile Banking