Strengths And Weaknesses Of Jordan Bank

The bank that we have chosen is Public Bank that is located in Ayer Keroh area. In Melaka, the area that the bank is located in Ayer Keroh is considered as the industrial area and also housing area which is not bad at all as it could benefits not only the residents but also the workers that are working in the factories nearby as well. The bank is located in between shops, restaurants and some car services shops as well. There are a lot of parking spaces available almost all the time. The bank is also located near to a main road where the road is also known as “Lebuh Ayer Keroh” (the highway of Ayer Keroh) by the locals that will have a lot of cars passing as this is the road that the

All this remark less performance of MCB has earned it many awards like “The Best Bank of Pakistan” award consecutively for two years; 2008 and 2009. The award was given by “Euro Money” a leading international publication.

There are various categories of banking; these include retail banking, directly dealing with small businesses and persons. Commercial and Corporate banking which offers services to medium and large businesses (Koch & MacDonald 2010). Private banking, deals with individuals, offering them one on one service. The last category is investment banking. These help clients to raise capital and often invest in financial markets. Most global banking institutions provide all these services combined. With all these institutions in existence within the same localities and offering similar services, there is a need to regulate the industry so as to protect the consumer and provide fair working environment for all banks (Du & Girma, 2011).

This paper will attempt to give a clear picture of Jordan’s banking system and will develop to see how globalization and the adopted rules and regulations from the World Bank and other international agreements and requisites have affected banking in Jordan. The study will present a STEEPL/PESTLE analysis that shows us the strengths and weaknesses of the banking sector. It will also attempt to give recommendations for future development.

Bank of Melbourne is the local financial institution which located in victoria city of Australia. It was set up in 1989 and re-established in 2011, and it is the subsidiary owned by Westpac. It involves more than 100 branches and 300 ATMs around Melbourne. (“Bank of Melbourne”, 2015) It has perfect regional banking network system, together with Bank of South Australia and St.George. (“Overview”, 2015) The major products of the bank are personal and business banking services. Apart from providing banking services, it is also concerned with local investment and local community welfare. Meanwhile, good suggestions were given in consideration of customer’s decision making. The aim of the company is to deliver better banking experience and satisfy customers’ banking need. This helps the development of businesses and quality of Victorian’s life.

The old management of the Saudi Investment Bank had enacted poor decisions due to their approach in making executive decisions. The old management used their professional experience and assumptions to enact big decisions. This approach has cost the bank millions of dollars, as an internal consultant department announced (4). For example, the bank was well known in the time of its establishment as a corporate bank. The bank had not accepted to open individual accounts. At that time, the bank was the first corporate bank in Saudi Arabia. However, the bank did not act seriously to capture a new segment of customers. As a result, the bank has failed to compete with other banks. By the time, the higher management of the bank has changed to a new management that believed in statistics and analytics to conquer the market. The bank started to focus on capturing a new segment of customers, thus it finally decided to open new branches and proceeded to expand its retail banking sector. Due to limited resources, the bank had to decide in which area the bank should open branches to gain a huge number of customers to convince the board of directors about the importance of the retail

The banking industry has transformed in numerous ways through the ages. Financial institutions now offer a broader assortment of products and services than ever before. The banking industry’s principal purpose remains the same. Financial institutions put the public 's excess monies (deposits and investments) to work by loaning them to individuals to purchase dwellings and automobiles, to open and grow businesses, college funds for families with children, and for countless other reasons. Banks are essential to the wellbeing of our country 's economy. For millions of people residing in the United States, financial institutions are the primary election for saving, borrowing, and investing funds.

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.

An Islamic financial institution such as financial banking has been established before two or three decades ago in the aim to provide satisfactory financial facilities to the interested parties as compared to conventional banks. In 1974 Dubai Islamic bank which is the first Islamic commercial bank was established and later Islamic Development Bank (IDB) has been established in 1975 (Hennie and Iqbal, 2008).

With the aid of the Central Bank of Bahrain, which is obligated to regulate the other banks in the Kingdom, the HSBC has ensured maintaining the required standards, regardless of the crisis experienced in the country from 2007 to 2010. With most financial industries facing great economic crises during periods of recession, HSBC has been sure to stabilize and secure its

As Emirates NBD is viewed as the biggest in its region, they have a lot of Competition from Islamic banks which is considered as a major risk to the organization. Innovation of technology, it's considered as the most advanced banking group different from others. It offers online banking all day, every day 24/7 ATM services, ATM and credit cards with chip for security reasons and recently they

Political environment plays vital role in the progress of banking organizations. Pakistan despite all international and public thinking’s is a functioning democracy and gradually change in complexion and composition of legislatures with more educated people and women entering into politics. These talented politicians’ helps in designing best strategies to implement that could support the revival of bank industry. Political stability brings foreign investment and deposits in banks when people finds jobs. Some political decisions

So, this is essential for the management to overcome on these weaknesses in order to increase its strengths. This is assumed that Alpen bank is having lower customer base which is considered as its key weaknesses in this concern. First of all, this is observed that bank is currently depending on large number of foreign clients which are considered as the primary source of revenue for the bank. This is considered as the key weakness for the bank because bank is directly depending on the foreign clients in order to run its

The second type of banking in Saudi Arabia is commercial or conventional banks as any country which is rely on non participation of risk. In fact, conventional banks in Saudi Arabia are more likely to produce products that are acceptable and suitable of Islamic banking or Islamic products because it is attracted the majority of customers (International Business Publication 2011).

To facilitate the process of achieving this goal, JKB has strategic partnered in different capacity with various organizations. A good example is the selling of its 4.8 million shares, an approximate 4.8% of its market capitalization, to Odyssey Reinsurance Company, a strategic foreign investor. The investor possesses financial capabilities and competence needed to push the bank forward. Similarly, its partnership with Microsoft Jordan was also another strategic move worth noting. The partnership guarantees the bank continuance support and consultation on key technologies that are effective in supporting the bank’s activities. Adopting, integrating and aligning technology with the business strategy of an organization has been regarded as an essential source of organization’s competitive advantage. The role of technology in IT has particularly been emphasized (JKB 2011; Zawya 2011; Betz 2001).