Introduction:
In this easy I’m going to discuss about the two banks, once in the local bank (National bank Of Oman) and second in the foreign bank (Habib Bank Ltd) and how to apply SWOT analysis to critically compare and contrast the strategy and performance. Also will suggest four way for the National Bank of Oman may improve and Sustain its competitive advantage.
The banking sector is the very important sector that helps the economy in the Sultanate. This sector improve the economy and keep it stability and support the others like small and medium enterprises and subscribe to create jobs and reduce unemployment. http://www.uabonline.org/ar/magazine/1605160815901608159315751604159416041575/1575160416021591157515931575160416051589/425/4
Business
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Today, it is one of the largest banks in Oman, with a paid up capital of OMR (Omani Rials) 110.8 million (US$ 288 million) and a regulatory capital of OMR 377.8 million (US$ 981 million)
National Bank of Oman is providing wide range of banking services. The bank has categories of services such as business banking, SME banking, investments banking and retail banking. The bank offers accounts, deposits, loans, cards, bancassurance, internet banking and wealth management services to its retail customers. It offers trade services and treasury services to customers in industries such as trading, manufacturing, infrastructure, power, shipping, oil and gas, construction, hospitality services, real estate and financial services. The bank’s investment banking operations cover corporate finance and advisory services, asset management, research and brokerage. https://www.nbo.om/en/Pages/About-Us/About-National-Bank-of-Oman.aspx Strength in the National Bank of
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so it depend on the customer that which product he likes and in sector he wants to invest depending on whether a person is salaried one or a business man.
- HBL is the largest privet bank in Pakistan and in Oman there are community of Pakistan as a lot and all the Pakistanis people trust of on this bank.
Weaknesses:
There are some weaknesses points that the HBL is facing like :
- The limited of the people whose dealing with the bank her in Oman. Most of the people are from Pakistani community only and the percentage of the others people is very weak.
- The less of the advertising for the bank her in Oman.
Opportunities:
The HBL has many chance to growth points like:
- The bank has a large amount of foreign investment is attracted.
- E-banking facilities that they applies for the customers.
Threats:
- The use technologies for dealing of the banking financial and raise of electronica’s crimes.
- The high attractive and advance by the foreign banks that availabil in Oman such as national Bank Of Abu Dhabi, State Bank of Indian and Qater National
In strategic planning, strength, weakness, opportunity and threat (SWOT) analysis is a tool used to identify those issues most likely to have an impact on a planned change now and in the future (Laureate Education, 2013f; Marquis & Huston, 2015). A SWOT analysis helps an organization further its mission, vision, and values by ensuring the planned change remains true to these statements.
SWOT (Strength, Weakness, Opportunities and Threats) is a brainstorming activity that helps the managers to evaluate an idea. The internal factors that can be controlled and changed will be the strengths and weakness and the external forces are the Opportunities and threats. As depicted by Harmon (2015) “current processes, finances, human resources, natural resources, physical resources and culture of the shop are the strengths and weaknesses. The demographics, economic trends, and market trends are considered as Opportunities and threats”.
A SWOT analysis is simple exercise that could be implemented on multiple subjects including an individual or a whole corporation. The SWOT analysis is an operational tool for managing change, defining strategic direction and setting realistic goals and objectives according to Simoneaux and Stroud (2011). Discovering new opportunities and manage and eliminate threats that are present in the company and the surrounding market. SWOT is a valuable technique that leads to a better understanding of the strengths, weaknesses, opportunities and treats both internally and externally. The strengths and weakness are to be considered internal factors and opportunities and threats to be e...
The definition of SWOT analysis is comprehensively summaries the internal and external conditions, critical evaluate advantages and disadvantages of organization, facing the opportunities and threats, in order to the combination of company 's strategy and internal resources and external environment (Yuan, 2013). In contrast, SWOT analysis method is a descriptive model, because the enterprise strategy is often a typical uncertainty problem, the lack of adequate analysis and logic, and a SWOT analysis cannot provide the specifically, format of strategic advice (David,
The data provided by the Near East Bank for the purposes of this study not only included 10 years of data (2004-2013) but also rendered all figures in 2013 USD. To facilitate calculation, these figures were then rendered into millions of USD. For reasons of privacy, the Near East Bank did not send identified data, as private banks in TRNC are not obligated to disclose their financial data to any party other than the Central Bank of TRNC itself.
The starting point of the strategic management is said to be the DESIGN SCHOOL with an emphasis on process. However this system is entirely based on the SWOT analysis. Swot stands for strength, weakness, Opportunities and Threats. Strength is a show...
It has also established a distinguishable name among its competitors with a reputation for leading customer service. However, even as an established venture, the company needs to maximize its profits in order to stay in business and expand into new territories beyond its conquered boundaries. A strategic analysis was carried out by our team to establish the company’s current situation. A SWOT analysis was performed to come up with three referenced, strategic alternatives. These alternatives are meant to act as strategic guidance to the company in order to enhance growth.
A SWOT analysis is a measure tool to summarize a company’s internal and external aspects. By measuring the company’s strengths, weaknesses, opportunities and threats and looking for improving solutions by using the strengths and opportunities to improve on the weaknesses and take the necessary actions concerning any threats a company can survive in today’s world market.
The SWOT analysis: The study of the firm's Strengths, Weaknesses, Opportunities and Threats called SWOT analysis, a key step in flushing out known performance issues that are important to the growth of the organization addressed in the corporation strategic plan. The issues identified in the SWOT analysis help leadership to come up with a plan and strategy to achieve the overall mission of the company (Strategic Planning, n, d). Target Corporation is one of the largest public retailing company in the US having more than 1700 stores serving guests nationwide. Target group and its brand position are evaluated in the market using SWOT analysis.--
The SWOT analysis is used to gauge a company’s strengths and weaknesses. It also outlines opportunities for tapping and presents possible threats that could affect a company’s operations.
In this report, we adopt SWOT analysis to determine the strategic fit between the company’s internal, distinctive capabilities and external threats in the current market. Recommendations were provided in the later part of the report on the possible approach to tap on external market opportunity and our suggestion to resolve current issues faced by the company.
World Bank Group - the group that consists of five organizations created in different times and functionally united,organizationally and geographically, the purpose of which is providing financial and technical assistance to developing countries.
I have chosen HSBC Bank Egypt to study and provide a critical analysis of its macro environment. Egypt has been a shaky ground for almost all bankers but apparently HSBC has successfully and was best at managing its macro environment through the pas years as I have discovered in the library as follows : Global Banking News - 06 February 2013
The study is primarily designed to find out the continuous issue of the banking system in
Banks sector is playing an important role in economies. The banking industry, as the classic and the most influential of financial intermediaries, facilitates economic operations. Financial sector in the worldwide country has been changes over these years by looking the changes of financial structure environment and economic conditions. Thus, banks are a very important point to financial system and play an important role as control and contribute growth to the economic sector.