The Effect of Location and Information Technology on Banks Deposit Mobilization Status in Ethiopia: Empirical Evidence on Private Commercial Banks in Adama Town

The role of bank as financial intermediary is well recognized facts in the economy of various countries. Without enough deposits banks and financial institutions might fail to achieve their business targets. In this study, the effect of employees work experience, location and ICT service on the bank deposit mobilization status (increase in bank deposit) particularly in private commercial banks in Ethiopia has been examined. Using structured questionnaires and personal interview, the data were collected from 180 samples which were selected by employing simple random sampling and purposive sampling techniques. In order to achieve the research objective descriptive and econometrics (binary logit regression model) were employed for data analysis. The result of binary logit regression model revealed that employees work experience is less likely affects the deposit mobilization status of the bank. While introduction of ICT service has been more likely improves the deposit mobilization (increase in bank deposit) in private commercial banks in Ethiopia.