Alahabad Bank Swot Analysis

2585 Words11 Pages

COMPANY PROFILE

Allahabad Bank is a nationalised bank with its headquarters in Kolkata, India. It is the oldest joint stock bank in India. On 24 April 2014, the bank entered into its 150th year of establishment. It was founded in Allahabad in 1865.
As of 31 March 2012, Allahabad Bank had over 2,500 branches across India. The bank did a total business of INR 3.1 trillion during the FY 2012-13. The bank has a branch in Hong Kong and a representative office in Shenzhen.
The bank's market capitalisation in May 2013 was US$ 1.28 billion and it ranked 1466 on the Forbes Global …show more content…

It offers a range of deposit products, retail credit products and other credit products. Its deposit products include flexi fixed deposits, no-frills savings bank account, premium savings bank account, current plus deposit scheme, and Sishu mangal deposit scheme among others. The bank’s retail credit products include housing loan, car loan, educational loan, personal loan, furnishing loan, gold loan, bike loan, and housing loan for NRI’s (Non residential Indians). Allahabad Bank’s other credit products include, kisan credit card, kisan shakti yojana, and AllBank-Expo. The bank also offers a range of services including cash management, visa debit cum ATM card, depository services, bank assurance and mutual fund, real time gross settlement, gold card scheme for exporters, online payment, and government business, among others. The bank is headquartered in West Bengal, India. This comprehensive SWOT profile of Allahabad Bank provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by GlobalData to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better. The profile contains critical company information including: - Business description – A detailed description of the company’s operations and business divisions. - Corporate strategy – Analyst’s summarization of the company’s business strategy. - SWOT Analysis – A detailed analysis of the company’s strengths, weakness, opportunities and threats. - Company history – Progression of key events associated with the company. - Major products and services – A list of major products, services and brands of the company. - Key competitors – A list of key competitors to the company. - Key

More about Alahabad Bank Swot Analysis

Open Document