Assessment on the Level of Financial Literacy among Bankers: The Case of Berhan Bank Share Company
| dc.contributor.advisor | Habtamu, Berhanu (PhD) | |
| dc.contributor.author | Kefelegn, Girma | |
| dc.date.accessioned | 2019-10-15T15:38:23Z | |
| dc.date.accessioned | 2023-11-04T07:57:29Z | |
| dc.date.available | 2019-10-15T15:38:23Z | |
| dc.date.available | 2023-11-04T07:57:29Z | |
| dc.date.issued | 2019-06 | |
| dc.description | Thesis submitted to the school of graduate studies of Addis Ababa university college of business and economics in partial fulfillment of the requirement for the degree of master of science in accounting and finance | en_US |
| dc.description.abstract | Several studies have confirmed that, large parts of the world’s population lack financial knowledge they need to fully participate in the economy or to make informed decisions about their own financial future. It is against this background that this study assesses financial literacy level of clerical staffs of berhan bank SC in Addis Ababa. Purposive nonrandom sampling technique was employed to select 420 bankers using questionnaire as the research instrument. The relationship between the financial literacy and bankers’ characteristics such as gender, marital status, level of study, and academic programmer offered was also examined. The overall results indicate that bankers in berhan bank sc in Addis Ababa have inadequate financial knowledge. The study found that majority of bankers has a low level of financial literacy with an average financial literacy score of 52.09%. Surprisingly, this survey revealed that female bankers have more financial knowledge than male bankers. Bankers who are married, borne in urban region and have better educational level are more financially knowledgeable than the others with a moderate level of financial literacy. It was found that major of participants have lower knowledge about savings and borrowings, insurance, and investment. One factor that can be attributed to low financial knowledge is lack of sound financial education. It has therefore been recommended that financial literacy is the source of the competitiveness of bankers in the banking industry. Also the top management of the bank has to give attention to financial knowledge in order to uplift the level of financial literacy. | en_US |
| dc.identifier.uri | http://etd.aau.edu.et/handle/123456789/19443 | |
| dc.language.iso | en_US | en_US |
| dc.publisher | Addis Ababa University | en_US |
| dc.subject | Bankers | en_US |
| dc.subject | Berhan bank SC. | en_US |
| dc.subject | Financial literacy | en_US |
| dc.subject | Personal financial literacy | en_US |
| dc.title | Assessment on the Level of Financial Literacy among Bankers: The Case of Berhan Bank Share Company | en_US |
| dc.type | Thesis | en_US |