COMPARATIVE ANALYSIS OF FINANCIAL PERFORMANCE OF PUBLIC AND PRIVATE BANKS [IN THE CASE OF SELECTED PRIVATE AND PUBLIC BANKS]
A SENIOR ESSAY SUBMITTED TO DEPARTMENT OF ACCOUNTING AND FINANCE, IN PARTIAL FULFILLMENT OF THE REQUIREMENT OF BACHELOR OF ARTS DEGREE IN ACCOUNTING AND FINANCE.
Prepared by: Ruth Alemayehu
ADDIS ABABA UNIVERSITY
COLLEGE OF MANAGEMENT, INFORMATICS AND ECONOMIC SCIENCE
SCHOOL OF BUSINESS AND PUBLIC ADMINSTRATION
DEPARTMENT OF ACCOUNTING AND FINANCE JUNE, 2011
ACKNOWLEGMENT
First of all I would like to thank the almighty God for HIS help in every aspect of my life. Without his help I would not be here.
I would like to forward my deepest gratitude to my advisor ATO Abraham
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Therefore CBE stands to be the merger of several banks. By virtue of that it is the biggest bank of Ethiopia that was handling the entire commercial banking sector as a monopoly bank. CBE now operates through 168 branches all over Ethiopia, including one branch in Djibouti with a total asset about 3.5-4 billion, to become a world class commercial bank by the year 2025. The history of development bank of Ethiopia goes back to 1909 when the first attempts of its kind known as the societe narionale d’ ethiopie pour le development de l’ agriculture et de commerce (the society for the promotion of agriculture and trade) was established in the menelik II era. Since then the bank has taken different names at different times although its mission and business purpose has not undergone significant changes except for occasional adjustment that were necessitated by change in economic development policies of the country. For example, in 1975 when the socialism regime nationalized all the privately owned banks, the development bank of Ethiopia was merged with the investment bank to form the agricultural and industrial development banks. After that it was renamed to development bank of Ethiopia. It is established to spur the national development agenda. The bank’s focal point is the provision of customer focused lending to viable projects in line with government priority areas by mobilizing fund from domestic and foreign sources while ensuring its organizational
First I would like to thank God and everyone whom he put in my path weather they are in or out of my life right now. All of
Development banks are the instruments for the creation, promotion and spread of enterprise and initiatives.
Starbucks’ success in the early 1990s could be mainly attributed to Howard Schultz, the one who took over the company from the Starbucks’ founders. There were three factors that contribute to the success of Starbucks. Firstly, Schultz had a very clear vision about the company, which was to cultivate the coffee drinking experience in the nation, making Starbucks the “Third Place” of ordinary citizens and the leading brand of the industry. With this vision, Schultz began to open a large number of new stores that widely spread over the nation, aiming to make the brand go public, be recognized and shared through word of mouth. The company barely spent money on advertising, but the brand became well known itself because of the large presence of
. The CBE is located in the Ethiopian capital Addis Ababa, which is the center for business in the country. The bank was established in 1963 and is the first bank after Ethiopia’s victory over fascist Italy in
The profitability ratio is a class of financial metrics that are used to assess a business's ability to generate earnings as compared to its expenses and other relevant costs incurred during a specific period of time (Investopedia, 2014). It is used to determine how profitable a company is over a period of time, generally one year. The profitability ratio for Grace Kennedy group is shown below for 2009 through to 2013.
I certify that the work submitted for this assignment is my own and research sources are fully acknowledged.
In conclusion, the mission statement of this bank directly connects with the services and the banks vision. The goals and objectives of the bank can be well seen in just that small piece of example picked from the "About us” page of their website. So much more can also be analyzed and it would also add up to the same. The bank invests in people of great talent as well as gives people second chances to live great after their service from
This report compares financial performance of two major banks of UK i.e. HSBC Bank Plc and Barclays Bank Plc on the basis of their Balance sheets and profit and loss accounts for the year 2009. This report also provides SWOT analysis of both banks i.e. HSBC and Barclays Bank Plc and provides an insight into their Banking Strategies.
Department of Accounting and Finance School of Business Faculty of Commerce and Social Science The University of Birmingham July 1998
Barclays as a financial institution has established itself as a major player in the global financial services and banking sector. The company has spread out from its native UK to the rest of the world and its presence in developing regions of South Asia and Africa is massive. Barclays has become a global player in the market for financial services and may continue to grow even further as the years go by.
As 2008, we are living difficult moments in which almost all the countries are really indebted, and the possibility of a financial recession is imminent. It would be interesting to compare via ratios and analysis the year on year performance, and how is the financial
Address of Correspondence: Dr. Siu Y. Chan, Department of Accountancy and Law, Hong Kong Baptist University, Kowloon Tong, Kowloon, Hong Kong.
BEING A RESEARCH PROJECT SUBMITTED TO THE DEPARTMENT OF ACCOUNTING, FACULTY OF MANAGEMENT SCIENCES, UNIVERSITY OF ABUJA, ABUJA, NIGERIA
Thus, this paper mainly studies the impact of bank ownership structure on business performance, but from the perspective of the actual operation of the bank, which considering that there is a certain relationship between the bank 's operating performance and the bank 's size and the capital structure, etc.
The Industrial Development Bank of India Limited commonly known by its acronym IDBI is one of India's leading public sector banks and 4th largest Bank in overall ratings. RBI categorised IDBI as an "other public sector bank". It was established in 1964 by an Act of Parliament to provide credit and other