Hsbc Bank Swot Analysis Essay

The SWOT analysis is a business analysis technique that is used by any organization to decide the best way to achieve business objectives. It is an examination of the organization’s internal strengths and weaknesses, its opportunities for growth and improvement, and the threats in the external environment. SWOT stands for Strengths, Weaknesses, Opportunities and Threats. Strengths and weaknesses are considered to be internal factors over which you have some measure of control. Opportunities and threats are considered to be external factors over which you have no control. The completion of a SWOT analysis should help the business to decide which market segments offer the best opportunities for success and profitable growth over the life cycle

HSBC Bank is one of the largest multinational banks in Egypt, providing a comprehensive range of banking and financial services. The bank was established in 1982 as the Hong Kong Egyptian Bank. It was rebranded as HSBC Bank Egypt in April 2001 after an increase in the HSBC group’s shareholding to more 90% of its issues share capital. HSBC aims to help businesses thrive and contribute to the health and growth of communities. In Education, HSBC seeks to help young people fulfil their potential through education community investment programs by investing 50% of their sustainability budget on educational projects in 2014. The bank saved 150 children from having to work in local factories by sponsoring them to go to schools that aim to teach them academic and practical subjects. In culture, HSBC is supporting First Aid to cultural Heritage course which aims to help cultural organizations to cope with emergency situations and promotes the use of buildings and museums to ensure sustainability. In environment, HSBC believes protecting the environment is fundamental for thriving societies and economies. It worked with the Research Institute for Sustainable Environment to introduce collections services, waste separation and sorting and recycling. In 2009, HSBC launched its five year community investment program which aimed to develop new and upgrade existing public owned infrastructure and services in collaboration with local

By analyzing both banks using SWOT analysis we find that SWOT factors are represented in the following: For NBE, the Strengths are skilled staff, long history, customer loyalty and high growth rate. Weaknesses are future debt rate, high loan rates, small business units, taxation structure, future debt rate, lack of new technology and high staff turnover. Opportunities are growing demand, growth rates and profitability, new services, new markets in different regions and fragmented markets have high opportunity of small competitions. Threats are government regulations, unexpected problems, increasing costs, price changes and consumers might change to another bank who offer more services for customers or minimum