The Impact of Digital Transformation on Banking Financial Performance

an analytical study in the banking sector

Abstract

This study aims to investigate the impact of digital transformation on banking financial performance. Five banks (Al-Rigion Trade, Al-Mansour, Al-Nask Islamic, Jihane, and Asia Islamic Bank of Iraq) were selected as research sites. A final sample of 119 respondents was collected from 125. The descriptive-analytical approach was employed, using a questionnaire as the primary data collection tool. Statistical analysis utilized weighted mean, standard deviation, Pearson correlation coefficient, and simple linear regression. The five-point Likert scale measured respondents' perceptions. Key recommendations include investing in digital transformation, enhancing technological infrastructure, and improving financial processes.