The increased access to computers by customers will allow the bank to reach more target groups through electronic communication. The tourism industry is currently growing, which should introduce more capital into the country and should create employment opportunities for locals. As more people enter the country, CIBC will be able to expand its customer base which will result in a positive impact regarding revenues. SWOT Analysis Threats Some customers prefer to do business with our competitors because CIBC 's top competitors may provide unique incentives which certain individuals find to be more appealing. CIBC may be unable to attract certain customers because it currently is in a red ocean market.
REVIEW OF LITERATURE Sharma and Goel (2012) in their paper entitled “Functioning and Reforms in Non-Banking Financial Companies in India”. The Non-banking financial companies will provide all types of services related to banking system in India other than deposit facilities. They provide loans and advances, credit facilities, money market, mergers and acquisitions advices, retirement planning and underwriting facilities. The NBFCs in India plays a vital role in providing credit to different categories like small borrowers etc… The fast growth in NBFCs has led to made a dividing line between banks and NBFCs, but the commercial banks has the power to issue the cheques and accepting deposits which can’t be done by the NBFCs. In this paper they
A recap of 2016 revealed that the bank occupies a prominent position in the world of banking/finance with international networks that extends six continents. Presently, HSBC provides a range of banking services such as commercial banking, global banking and markets, global private banking, retail banking and wealth management. B. Powerful Global Banking Commercial Franchise As part of the mission and vision statements of HSBC which is to become a prominent and powerful leader in global banking, they extend their banking services to global wholesale and investment banking. HSBC want to become a major force in global wholesale and investment banking as well.
Based on these 4 perspectives that BSC have, it sounds like BSC is much superior than the other performance measurement systems but BSC still have its own strengths and also weaknesses. One of the most obvious strengths of BSC is it focuses more on an overall aspect of the organizations’ systems. Besides, BSC will clarify the vision and strategy that the organization need to adopt. BSC also will have the consistency on supervising the strategy of the organization. Moreover, BSC will focus on the strategic planning with the other competitor so that they can perform their best business proposal.
Enter the global Islamic Finance market will produce a lot of opportunities to CIMB Group as the CIMB Islamic is the major branding that they have. This group has a lot of business that consists of shari’a advisory, debt market and so on. CIMB group business has the higher requirement from the banking market and higher customer base in Islamic Banking management (BERHAD (50841-W), Annual Financial Statements, 2011). The perceptions of CIMB group needs to change to be the global market, especially for the Islamic Finance market. This is the opportunity that must be focused for the long-term blueprint.
This will save on time and cost of operation and help in creating clear and precise business level strategies. Though effort has been put to up the competitive advantage, more is still required. In Resource Based Analysis, the capabilities and competencies of Barclays cannot meet the VRIN criteria in its full view. First is the value criteria. Based on the products offered by Barclays most of the customers seem to be getting what they envisioned while contracting the services offered by Barclays.
The Standard Bank of India „inherited‟ the Bank of Calcutta, which was founded in 1806, and has been in existence for over two hundred years. On the other hand, the ICICI is a private sector bank (privately owned), with a relatively smaller clientele base. It is one of the major banks in India (precisely the second largest), but much smaller than the SBI. It has 950 branches, with 3,500 branches across India. The bank has deposits of Rs 1.65 lakh crore compared to SBI‟s Rs 3.8 lakh crore (accumulated in a period of twelve years), racking up a net worth of Rs 22,000 against Rs 27,000 for the State Bank of India.
ICICI Bank has a customer base of over 2.5 million and boasts of an extensive network of 4050 branches across the country. With 12,475 ATMs and assets worth USD 99 billion, the bank is currently celebrating 60 years of existence. ICICI was formed as a World Bank initiative in 1955.The bank is headquartered in Vadodara, Gujarat and has an international presence in 19 countries. The bank’s employee strength was estimated at over 72,000 last year when it overtook HDFC Bank in terms of people employed. Axis Bank With a market capitalization of about INR 134,685.68 crore, Axis Bank takes its place at the fourth position among Indian banks.
They offer a wide range of housing finance and have a strong presence in the housing finance sector. ICICI Home Finance Company Limited: The market share of ICICI Home Finance is 13.10% and they offer various types of home loans to customers with a tenure of maximum 20 years. The interest rate of the home loan taken by their customers is linked to the ICICI Bank Floating interest Rate. IDBI Home Finance Limited: IDBI Home Finance Limited started its operation in the year 2000 and in such short span of time the company has grown as a leading player in the housing finance market in India. They offers different types of housing finance like loan against home, Plot loans, home loans for NRIs, home extension/improvement loan etc.
For example, HSBC Bank Malaysia Berhad provides scholarships to the youngsters who are potential with leadership skills and it also contributes in solving environmental issues by holding “HSBC Water Programme”, “Southeast Asia Rainforest Research Project” and others. By having CSR programmes, it would lead HSBC to have a good image and this encourages investors to invest in it. Since investors think that their fund invested would also be contributed for welfare activities, it would increase the willingness of investors to invest in HSBC. This would then directly help HSBC to earn profit and indirectly improve its relationship with