Co-operation, Friendliness and Respectfulness of Colleagues toward resigned employee in their respective department in EBL were very satisfactory.
The differences between two are the profit for the bank. While threats with long-term implications can be tackled after addressing the immediate threatening factors. Social media growth can help Eastern Bank to reduce the cost of entering new market and reaching to customers at a significantly lower marketing budget.Spark System Ltd 8. Proshikanet 2. S8, T2. What's swot in strategic analysis? In , when BCCI had collapsed internationally, the operation of this bank had been closed Bangladesh. Strong online presence on different social networking sites and efficient social media management can enhance the effect of positive e-WOM and develop strong relationships with customers. Eastern Bank first hand witnessed the impact of it where it has seen lower demand of its products from middle class customers in US and EU market. Ghazinoory, S. The board of directors being at the highest level of organizational structure plays an important role in policy formulation. Besides, this repot will was meant to revolve around some specific objectives. This was undoubtedly a remarkable progress considering volatile price situation for acquiring deposits. History of SWOT analysis. You can choose 12, 24, 36 or 48 equated monthly installments EMI to repay the loan. Clear Career Path A clear goal-oriented career path is going to be set-up for contractual employees in order to reduce the turnover rate among them. The company may lose efficiency due to poor inventory management practices.
At the same time the banking process is becoming faster, easier and the banking arena is becoming wider. A market follower is an organization in a strong, but not dominant position that is content to stay at that position.
The intellectual property rights are very difficult to implement in the industry that Eastern Bank operates in. These are the better-managed banks with strong capital base and good asset quality and under a much-improved regulatory regime.For more detailed SWOT Matrix strategy please go through the detailed analysis of strengths, weaknesses, opportunities, and threats in next section. Fast Cash allows the customer to draw up to a predetermined amount of credit from their Current Account. Journal of marketing theory and practice, 9 2 , Strategic formulation using tows matrix—A Case Study. Without the proper support from the immediate line manager or the supervisor performing a job accurately would be difficult. It oversimplifies the process of identifying strengths, weaknesses, opportunities and threats. While this appears to imply that the newer banks may move downstream in terms of asset quality but in reality the last two sets of new banks are successfully competing with NCBs and Foreign banks on the top end market segment. EBL Fast Loan is priced at competitive rates and loan is sanctioned within 24 hours of application 3. Eastern Bank Limited started its business as a public limited company on August 8, with the primary objectives to carry on all kinds of banking business in and outside of Bangladesh and also with a view to safeguard the interest of the depositors of erstwhile BCCI Bank of Credit and Commerce International Overseas under the Reconstruction Scheme, , framed by Bangladesh Bank. Customers will only be charged interest for the amount they draw. The depositor is a partner in business with Eastern Bank Limited.
Conclusion: As an organization the EBL has earned the reputation of top banking operation in Bangladesh. In this process banks secure reasonable return for the savers, make funds available to the borrowers at a cost and earn a profit after covering the cost of funds.
They have introduced state of the art banking technology, which has made banking easier and hassle-fee for all.