The Bank Expansion Strategy And Management

The growth of the bank’s revenue for its shareholders, is also as a result of the respect the bank has on delivering quality services, respecting the views of everyone involved in their business, having a leadership system that is easily approachable, being

The company’s medium to long-term strategy, includes plans to continue expansion in the North American markets mainly in the area of personal and commercial banking. They also

Innovative product and business strategy became the tool to be successful in this stiff competitive environment, with the responsibility of coming up with such strategy for the bank, hence, technology has been the tool I have employed, by coming up with innovative technological products for the bank that can be sold to government ministries and agencies which will ease the collection of taxes and tariffs, the bank was able to successfully win major government accounts, also, various e-products were developed for retail users to attract them to the bank, this was done through friendly user internet porters that was easy to use for them without having to go to branches. Business strategy was also developed to offer business solutions for corporate businesses which were used to win major business accounts. This trend is projected to continue over the next two decades and with the

Almost 80% of our population lives in rural areas. So their economic empowerment is a must for real and sustainable growth of our economy. So this bank works simultaneously to create employment and to alleviate poverty.

When determining the bank’s future over the next five years, one must analyze what the bank needs to focus on in order to achieve the individual goals. The bank’s mission is to work towards offering its customers the one-stop financial shop concept delivered with an unexpected, unsurpassed level of customer service. In order to achieve this mission, FirstBank must be able to continue to strive to be better and never settle.

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

Columbia Bank was started in 1927. It is the fourth largest mutual financial institution in the United Stated with over $4.7 billion in assets. Unlike commercial banks, mutual banks don’t have stockholders; anyone who makes a deposit ‘owns’ a portion of the bank. Columbia Bank is headquartered in Fair Lawn, New Jersey with 44 branches throughout New Jersey. Columbia Bank has “nearly 100,000 customers and nearly 200,000 loan and deposit accounts” (Allen, 2015).

During the celebration of Ghana’s 50th anniversary in 2007, UT won a Gold Award for contribution to the Social and Economic Development of Ghana. For two years running UT Bank was recognized as the fifth best company in the Ghana Club 100 having won the Best Non-Bank Financial Institution (2008, 2005, 2004 and 2003) by the Ghana Investment Promotion Center (GIPC) in its Club 100 rankings which represent the top 100 companies in Ghana.

To provide effective and efficient full-fledged banking service focused on development, business growth and profitability to meet the expectation of all stakeholders.

And a mission to be the preferred Bank for customers, counterparties and strategic partners by creating value through innovation and customer service. These include: retail and commercial banking, asset management, private banking, takaful, and real estate development.

Diversification in their operation in keeping money including protection speculation saving money resources administration and increment the office for versatile managing an account.

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.

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).

Access Bank Plc is on the company carrying on the business of commercial banking in Nigeria.

With the outstanding performance through the years of UOB, its mission statement has been realistic and it certainly have helped the company to stay on track and to achieve its vision of being a premier bank, as it has eventually became the top leading bank Asia and the Asia Pacific region. The mission has greatly equipped the bank with the right attitude and goals to help achieve its vision. By being committed to providing quality products and excellent customer service, it paved the way for great excellence which is a key factor to become an outstanding bank in comparison with the other competitors.