Pest analysis of banks of pakistan

Clearing Department Human resources Department The internship is the great tools for gaining practical and professional knowledge. The virtual university has given me a task to a done internship in any company. Hence for the fulfillment of this university requirement, I have selected National bank of Pakistan. It is great bank supported by the Government.

Pest analysis of banks of pakistan

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Pest Analysis Political Situation: Political challengers also remained in the limelight during the year. Recent electionshave been one of the most watched for in our history. Though the political environmentis likely to remain unstable for a while, we believe law and order situation is the most important conduit of its influence on the economic activity.

Pest analysis of banks of pakistan

As far as the economic policies of different political parties are concerned, these are not easily distinguishable. Privatizing, deregulation and focus on foreign investment are the main pillars of economic policies of all the leading parties.

The bank also continued its policy of upgrading technology to meet the challenges of modern banking. During the year the bank achieved the distinction of having successful completed the mammoth project of changing of the core banking system commenced in and fully migrated to a modern centralized processing system SYMBOLS acquired from a reputable international vendor and being used by a large number of banks in Europe, Asia, the Middle East, and Africa.

With the successful implementation of new centralized database system the bank is in the final stages of implementation of Oracle Financials that will give it significant MIS flexibility, ease of operation and improved internal controls.

Pakistan received USD 5.

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Another encouraging aspect was the remarkable growth of However, higher commodity prices and a rising oil import bill are pushing inflation and the current account deficit. FAYSAL bank has achieved marked success in its strategy of expanding and diversifying its customer base and launching new and innovative financial products Faysal Bank has been operating in Pakistan since and is listed on the Karachi and Lahore Stock Exchanges.

The bank has approximately employees, a branch network of branches, 2 sub-branches, one sales and service centre and an ATM network of 93, in 38 cities across Pakistan. But due to centralized system the approval of all the transactions has to taken from head office.

Every employee is responsible for his own operations and no co-ordination exists among departments. Most of the hiring is on contract basis. Salary package is not so much attractive. Clients of Faysal Bank are less in number as compare to its some competitors Opportunities: New concept of mobile banking has been introduced by the bank, which will prove to be a remarkable success in the field of consumer banking group.

Competition in the field of consumer banking has been intensified as large consumer banks continued to play a significant role in terms of products and services. FAYSAL bank is preparing for this competition by establishing a dynamic platform that will enabled it to launch a series of new products in years to come.

PEST ANALYSIS OF MCDONALD IN SINGAPORE

This dynamic platform will be supported with a robust operational infrastructure and delivery mechanism. Bank has to maintain a balance between its liabilities and assets structure.

Turn Over rate is very high. The sad part is that our industrial base isn't growing and industrial demand for credit is, therefore, low. Banks is aggressively lending in the consumer sector.Bank Of India SWOT Analysis.

Strengths.

METRO BANK: strategic analysis by Anna Ash on Prezi

Below is the Strengths, Weaknesses, Opportunities & Threats (SWOT) Analysis of Bank Of India: 1. A public sector undertaking. Thus, has government backing 2.

Increasing profits over the years 3. Pan India presence with over branches 4.

Pest analysis of banks of pakistan

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The analysis on the Allied Irish Banks includes a complete and comprehensive analysis of the AIB Group, an overview of the banking industry that AIB now operates in, a PEST Framework Analysis of the banking industry, and then moves on to analyzing the Group timberdesignmag.com: € Using a sample of commercial banks in Pakistan for the period from to ,Akhtar () examines the effect of the ownership structure on bank efficiency applying Data Envelopment Analysis.

PEST Analysis of Pakistan Political If we observe the political situation of Pakistan, much of the politics is based on different ethnic groups. It’s fair to say that the current political situation of Pakistan is in dire need of substantial changes if we compare it to the political systems of leading nations in the world.

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