FBN continue to execute on previously articulated regional expansion strategy being consistent in their objective of effectively maximizing shareholder value while harnessing the benefits of diversification. First bank plc have only pursued expansion into countries that will disproportionately add economic value over the medium to long term and bolster the banking group’s strategic positioning in the Su-Sahara Africa (SSA) financial landscape (FBN, 2012). First bank of Nigeria brand of being dependably dynamic is one of its major selling points. Aside being the largest banking group by assets in SSA, the fact that a significant proportion of the banking public has business relationship with the bank attest to the strength of its brand. Part of their strategy is to be dominant financial services group across middle Africa. Having established itself over a 120 years history as the largest bank in Nigeria and already as the largest private sector banking group in Sub-Sahara Africa (Meristem, 2011).
The bank came into existence on October, 2010 G.C. according to the Commercial Code of Ethiopia, 1960, and the Licensing and Supervision of Banking Business Proclamation 0. 84/1994 (18th annual Report,Number
The first reasons is promotion efforts of Affin bank are weak in terms of promoted their products and services to the customers. For instance, Affin bank does not advertise their product in television or radio. Secondly, Affin bank also has low market reachability due to lack of branches and ATM machines at strategic locations. For example, at petro pump stations there are usually less or no Affin ATM machines. Next, Affin bank market priority mainly focus for government sectors especially Lembaga Tabung Angkatan Tentera (LTAT). Last but not least, customer’s perception on Affin bank as a small banking institution because of Affin bank does not promote their banking institution very well in the
BPM decision making can be guide by the consistent execution and clear definition. BPM governance are the explanation of process roles and responsibilities. To ensure the direct linkage of process performance with strategic goals, processes must be existed. Process management standards have to be well-documented while the process management controls cover the regular review cycle to sustain the currency and quality of process management system. Another key component of process management controls can be forms by appropriate compliance management (Spanyi
A business process is a logically related set of activities that define how specific business tasks are performed. Business processes are the ways in which organizations coordinate and organize work activities, information, and knowledge to produce their valuable products or services. How well a business performs depends on how well its business processes are designed and coordinated. Well-designed business processes can be a source of competitive strength for a company if it can use the processes to innovate or perform better than its rivals. Conversely, poorly designed or executed business processes can be a liability if they are based on outdated ways of working and impede responsiveness or efficiency.
The area of study o this research work is to determine the effect of monetary policy on the performance of banks in Nigeria. This study will cover all the commercial banks that have been in existence since 1975-2004. More so, the aggregates rate is used in assessing their performance.
The third case where the no access level could be applied in this business is customers and other third parties having access to computer passwords. Having access to this information is a potential threat to the bank because this can enable them in accessing crucial information about the bank. In some instances, some customers could log into the bank’s system and credit their accounts with huge sums of money. This will plunge the bank into huge losses that could lead to its closure. Furthermore, the bank can warn customers against sharing bank account information with other people. In case the credit card of a customer gets lost, the customer will be at risk of losing his or her money if a person who knows details of the card gets access to it.
Department of Banking and Finance, Midlands State University, P Bag 9055, Senga, Gweru. 2 Department of Banking, National University of Science and Technology P O Box AC939, Ascot Bulawayo. 3 Department of Banking, National University of Science and Technology P O Box AC939,
A Thesis Submitted to the School of Graduate Studies of Addis Ababa University in Partial Fulfillment of the Requirements for the Degree of Master of Science in Accounting and Finance
This term paper analyses the commercial banking system in Kenya. In particular it focuses on the history of commercial banks from a general perspective then narrows down to Kenya’s context. It looks at the importance of commercial banks in Kenya, the roles/functions of commercial banks. It then focuses on the regulations that govern the commercial banks.
Processes – The process management is used to provide the creation, scheduling and management of various processes.
The recent cashless policy of the Central Bank of Nigeria CBN has generated mixed reactions, controversies and public debates over the citizens’ preparedness and relevance of the policy. For1 instance, public argument on the one hand is that banking services in Nigeria are faced with low penetration, financial exclusion and poor infrastructure. Notwithstanding, the CBN has made it known that there is no going back on the policy because of the enormous challenges and cost associated with the cash based system, Clearly, according to the CBN governor, the policy is aimed at reducing the cost of cash management which was estimated at N114.5 billion in 2009 and
Corporate Banking business envelops a broad range of businesses and industries. Customers can leverage on its know-how in the following sectors mainly:
The reason for this is to provide a clear framework for assessing processes, their impacts and the implications for business managers. It starts at the organizational level, reviewing wide range of process theories and grouping them into categories. I assess and examine all the managerial process in an organization; I look at them individually because
According to group´s performance from 2002-2006 identifies that Barclays´ performance underpinnings are represented by its strategy of acquiring other banking (such as ABN Amro and Banco Zaragozano) concerns to expand its retail as well as other banking services through representation in international markets as represented by the bank’s presence in 60 countries. This provides Barclays with the means to sell its highly profitable investment banking services as well as be positioned to service the cadre of multinational companies that utilize its diverse banking financial service packages.