...National Bank of Pakistan is one of the largest commercial bank operating in Pakistan. It has redefined its role and has moved from a public sector organization into a modern commercial bank. The Bank's services are available to individuals, corporate entities and government. While it continues to act as trustee of public funds and as the agent to the State Bank of Pakistan (in places where SBP does not have presence). It has diversified its business portfolio and is today a major lead player in the debt equity market, corporate investment banking, retail and consumer banking, agricultural financing, treasury services and is showing growing interest in promoting and developing the country's small and medium enterprises and at the same time fulfilling its social responsibilities, as a corporate citizen. In today's competitive business environment, NBP needed to redefine its role and shed the public sector bank image, for a modern commercial bank. It has offloaded 23.2 percent share in the stock market, and while it has not been completely privatized like the other three public sector banks, partial privatization has taken place. It is now listed on the Karachi/Islamabad/Lahore Stock Exchanges National Bank of Pakistan is today a progressive, efficient, and customer focused institution. It has developed a wide range of consumer products, to enhance business and cater to the different segments of society. Some schemes have been specifically designed for the low to middle income...
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...Inland National Bank Case Study objectives: • to show how... 1. stakeholders’ needs and demands are often interlinked with one another, 2. consequently affecting each other, 3. and ultimately, impacting the business firm in their decisions. • to serve as an exercise for future requirements. ? QUESTION who are the stakeholders in this case? which are primary, and which are secondary? what influence do they have? draw a diagram of the stakeholder relationships to INB. how are they related to each other? primarystakeholders investors owners stockholders CEO: “technology could better serve customers.” senior management amy miller (manager) employees / labor unions customers old neighborhood (Rockdale) poor neighborhood (N. Madison) secondarystakeholders local government /city officials Sheila Thomas (city council member) media state & federal banking officials state banking commissioner newly appointed by the governor heard public’s opinion general public picketers, etc. ? QUESTION if INB decides to close one or both of the branch banks, how will the business-government-society relationship come into play? what considerations must be weighed by INB’s management? how might the issue develop? Inland National Bank has acquired Home Savings Bank (HSB) has a reputation for community involvement & solid financial performance has a good reputation with state & federal bank regulators in terms of compliance with banking...
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...Formerly National City Bank Tiffany Glover Finance 3670 Commercial Banking Table of Contents Introduction…………………………………………………………1 Financial Products………………………………………………….2 Structural Changes…………………………………………………3 Ratios………………………………………………………………….4 Performance…………………………………………………………5 Financial Statements………………………………………………Appendix National City Corporation was a company based in Cleveland, Ohio, founded on May 17, 1845 when a group of Cleveland businessmen pooled $50,000 to organize the City Bank of Cleveland. Reuben Sheldon and Theodoric C. Severance, formerly of the Fireman's Insurance Company, organized The City Bank of Cleveland. The city's only bank at the time opened its doors to the public at No. 52 Superior Street. The company operated through an extensive banking network primarily in Ohio, Illinois, Indiana, Kentucky, Michigan, Missouri, Pennsylvania, Florida, and Wisconsin, and also served customers in selected markets nationally. Its core businesses included commercial and retail banking, mortgage financing and servicing, consumer finance, and asset management. The bank reached out to customers primarily through mass advertising and offered comprehensive banking services online. In the late 1990's National City began a strategy to increase the yields on it assets. In 1999, the company purchased First Franklin Financial Corp., a large subprime mortgage lender. Instead of selling the loans, as most mortgage companies do, National City retained many of the...
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...Ruth Krusen was ahead of big challenge. She had to decide whether Republic National Bank of Dallas (RNB) had to adopt new types of account system which was an innovation in 1977. Her main task was to find out impacts of NOW accounts on RNB’s revenue. NOW accounts were hard to adopt and was associated with several problems. NOW accounts became popular in 1972, it was better system then regular checking and savings account, it saved transaction fees and people realized that it was really a good thing. Small financial institutions adopted the product very quickly, and gained lot of customers from larger banks. After large banks realized that they were losing customers and money, Federal and State laws were passed which permitted commercial banks as well as mutual and SLS to offer now accounts starting in January 1974. A uniform rate was 5 percent ceiling to all the institutions and in The New England Now accounts were also offered to the individuals and non-profit organizations. In Massachusetts and New Hampshire Mutual banks were able to offer NOW accounts for 50 months, commercial banks had it for 30 months and all other financial institutions were able to offer it for only 6 months. The main issue was to use the correct marketing strategies, first one was not to use NOW accounts at all, use it for free and use it with some fees. Many small banks had already started to offer NOW accounts and had very competitive prices. While RNB had not started to offer NOW accounts and still...
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...THE CASE: BRYN MAWR NATIONAL BANK VIEWPOINT External Consultant TIME CONTEXT Early 1982 I. PROBLEM STATEMENT Adapt to the competitive conditions in the local banking industry that seem unfavorable for the Bank. II. STATEMENT OF THE OBJECTIVE To define future goals and strategy of the Bank for the succeeding years in response to the challenging conditions in the local banking industry. III. AREAS OF CONSIDERATION (SWOT analysis) Strengths | Weakneses | Opportunities | Threats | Achievement of $50M deposit by the end of 1981 | High turnover of employees | Can increase presence in neighboring town and throughout USA (20% of current deposits) | Nearest competitor is 300 feet away | Moderate success in asset expansion and deposit growth. | Unutilized deposits of more or less 60% of the total | Member of FDIC | Increasing trend toward mergers and bank holding companies | Providing full range of services to meet competition with other banks | | | Steep competition in the banking industry with sophisticated level of banking services provided by competitors | Competent and seasoned top management | | | | Use of variety of media to promote products/services | | | | Clear and defined objectives | | | | 8 of the 17 owners are profit motivated | | | | Location is easily accessible, strategic and secured | | | | All branches have ATM | | | | | | | | IV. ASSUMPTIONS 1. No assumptions V....
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...The bank grew throughout the 19 century it became one of the leading banks in New York city, help finance construction of Erie Canal, in the 1850s was one of the founding members of the New York Clearing House, by early 20th century the bank of Manhattan company began focused on retail banking and became of the largest branches in New York city. In 1955 they merged with Chase National Bank. Chase was founded in 1977 by John Thompson, 75 year old banker in the city .John Thompson was widely known for his banker reporters. Chase was a “bankers bank “that provided correspondence services to other banks around the nation. In the early it 20th it expanded by developing relationships with corporate clients Chase operated 20 branches in New York...
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...State Banks and the National Banking Acts: A Tale of Creative Destruction By Matthew Jaremski† Vanderbilt University Job Market Paper November 2010 Abstract: The National Banking Acts and their supporting legislation led to 303 state bank closures and 879 charter conversions between 1863 and 1869. This paper analyzes the sudden reorganization using the period’s first complete bank-level census. The data suggest that the national capital requirements prevented many existing banks from converting to a national charter, whereas a tax on state bank notes was responsible for the large number of closures. Moreover, the requirements prevented new national banks from replacing closed state banks. The legislation thus redistributed capital to developed cities along the “Manufacturing Belt”, potentially fueling the growth of factories and the populist movement after the Civil War. JEL: (E22, G21, N21) Keywords: Free Banking, National Banking, U.S. Economic History, Bank Regulation. † Dept. of Economics, Vanderbilt University, VU Station B #351819, 2301 Vanderbilt Place, Nashville, TN 37235-1819. Tel.: 214-284-9558 E-mail: matthew.s.jaremski@vanderbilt.edu 1. Introduction Bank regulators walk a delicate tightrope. On one hand, they must stabilize the financial system to prevent future crises. On the other, they must allow bank expansion to facilitate future economic growth. Attempting to reform the free banking system, the National Banking Acts of 1863 and 1864 has been criticized...
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...of the National Bank of Belarus In my exercise I would like to consider the experience of the National Bank of the Republic of Belarus as the country's central bank to implement the government project of the creation of the domestic market of precious metals of the Republic of Belarus. First of all I want to note that the number of central banks are involved in this sphere of relations insignificant in the world. As a general rule, commercial banks are engaged in this activity. Precisely because of these circumstances, the success of the National Bank depended on many factors, including well chosen marketing strategy for beginning and implementing the project. Just wanted to mention that there is no specialized unit responsible for implementing a marketing strategy in the staffing structure of the National Bank because of the nature of the central bank. The main tasks of the central bank are conducting monetary policy and its individual components - foreign exchange, interest rate and monetary policies. Nevertheless, I would like to give a characterization of the bank in the development of the domestic market of precious metals through the prism of marketing management. In addition, relying on Article Leslie M. Fine "The bottom line: marketing and firm performance" and Roland T. Rust, Christine Moorman, Gaurav Bhalla "Rethinking marketing", I would like to highlight some points that, in my opinion, are essential for this project. The project of the National Bank of the...
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...SUMMARY In 2000 Oklahoma National Bank was founded with $11 million in capital but the bank has developed over $ 127 million in asset thanks to strong organizational culture and the bank’s ability to maintain high asset quality. However, there were some important factors that affect negatively bank industry. The first one is to over spend household and business debt levels. The expenses of household and business caused debt rapidly increasing. The second is fierce competition in banking enforced business strategies in order to hold loan growth and encounter funding need. Third is that shocking news from financial market instability affected negatively the economy and the banking system. In these years, while so many financial services company...
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...2: Second National Bank 1. What do you think of the idea of having an annual off-site retreat for top management to develop the strategic plan for the organization? In my opinion, it is not a good idea because in many situations, top managers are not someone who involved directly to the strategic plan. Their main responsibility is to manage is focused on macro management process; as a result, many of them do not remember primary categories of the strategic plan; for example, in this case study, they did not even bring any copy of the plan to their meetings. Meanwhile, middle level and low level managers tend to deal with different kind of projects which are based on the strategic plan in more details. Consequently, they could figure out if the strategic plan is good enough and how it could be improved. Besides that, one of the most important factors which help recognize if it is the effective strategic plan is the strategy reviews from middle level and low level managers. However, via this case study, we can realize that no one in top management brings any review to the meetings. I think it is a really bad situation, since how the top management could adapt the plan based on the outcomes of those reviews. 2. Critique the planning process for the Second National Bank Firstly, the strategic planning of the Second National Bank should comply with organization’s mission and vision Mission: Provide excellent bank services Vision: “Exxor County’s Friendliest Bank” Then, the...
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...The National Bank was founded and established by Alexander Hamilton. The National Bank helped fund the public debt that was left from the American Revolution. The bank was capitalized at $10 million, with $8 million coming from private sources and $2 million coming from the government. The bank then had the right to issue notes or currency up to $10 million. The notes would be suitable for payment of taxes, a feature that would provide the Bank with a strong advantage over its competitors. The bank had a great resource on its side. It had the governments help. With the governments help, the National Bank was able to provide a lot of help including a ready source of loans, a principal depository for federal monies that were transferable from city to city without charge, and a clearing agent for payments on the national debt. With the bank being so successful, it allowed entrepreneurs the resources they needed to become successful. They were able to go borrow the money needed for research to make their business become successful. They were also able to go get money for business supplies that were needed. Having the National Bank helped entrepreneurs set forward and start their businesses. Without the National Bank, entrepreneurs wouldn’t have the funds available to become successful and start their businesses. In today’s world, it can be hard to get a loan. When going for a loan the bank looks at a couple different things. The first one would be your credit. Looking at your credit...
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...MOHAWK NATIONAL BANK Question 1: How do you implement change in a bank? In a traditional organization of Mohawk National Bank, the main problem is that there is no communication and cooperation between departments due to absence of a project manager, who could act as focal point for the integration work. For solving their problem Mohawk National Bank is thinking to consider a new organizational structure: matrix organization. The main obstacle of this project is the hostility at change of most of the employees. For overcome this obstacle Bank top-managers have to find a Project Manager that can motivate and convince people that this change it is important and necessary for Bank’s business life. The first step is to select the right people within the organization. Looking carefully at the interviewed of the most competent employees it seems that nobody it is perfectly suitable for the project, so it is fundamental the support of top Management. Top Management have to choose one of those in trial for some month and then decide if assigned him/her permanently to the position of Project Manager. Question 2: What are some of the major reason why employees do not want to become project managers? Banks are generally traditionalist and regimented, mainly due to strict rules, policies and procedures. Also employees have got similar characteristics: many of them have been in Mohawk Bank between 20 and 30 years and for this reason they will resist to change and fight the...
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...1: Century National Bank The Century National Bank has offices in several cities in the Midwest and the southeastern part of the United States. Mr. Dan Selig, president and CEO, would like to know the characteristics of his checking account customers. What is the balance of a typical customer? How many other bank services do the checking account customers use? Do the customers use the ATM service and, if so, how often? What about debt cards? Who uses them, and how are they used? To better understanding the customers, Mr. Selig asked Mrs. Wendy Lamberg, Director of planning, to select a sample of customers and prepare a report. To begin, she has appointed a team of us. Then, we started by selecting a random sample of 60 customers. In addition to the balance in each account at the end of last month, we determined: * The number of ATM (automatic teller machine) transactions in the last month. * The number of other bank services (a saving account, a certificate of deposit, etc) the customer uses. * Whether the customer has a debt card (this is a relatively new bank service in which charges are made directly to the customer's account). * Whether or not interest is paid on the checking account. * The sample includes customers from the branches in Cincinnati, Ohio; Atlanta, Georgia; Louisville, Kentucky; and Erie, Pennsylvania. Banking Data Set-case: X1 = Account balance in $ X2 = Number of ATM transactions in the month X3 = Number of other bank services used ...
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...her manager's arrangement, she put her bad emotion from family life to work. But she indeed is a good skilled employee and very good at her job and done it very excellent. Lesley, 24 year-old, well educated but less experience. She just a new manager at the branch. Treat to everyone quite nice. But she did not know employee's difficulties well just told Pam comply the bank decision on work. And lack of communication with Pam and lead to the final conflict happened eventually. Recommendations To get Pam retained about the new work from policy change and let her take a program to learn work more cooperated with peers and learn the EMPLOYEE RULES. Offer her some help to her family troubles as possible as company can, and give her a little warm about her pervious behaviors. If the all done she still has no change then give her a dismissal. Problem Statement The main problem It was 10:00 a.m. On February 26, 1997, and Lesley Mahon, manager fo customer service at the Chatham Branch of the Canadian National Bank, had just completed a phone conversation with Robert Aronson, the manager for all branches of the bank in the Chatham region. Lesley was alarmed about the news that Pam Stewart, one of the Chatham branch's customer service representatives, had...
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...What are the human resource issues facing the vice president's department and under which of the HR domains (e.g. Organizational Design, Staffing, Performance Management an Appraisal) does each issue belong? Identify some strategies for dealing with these issues. There are four employees under Suzanne Roberts (Vice President of Accounting at Valley National Bank); Bob Phillips, Carla Goodman, Greg Williams, and Kathy Lewis. Some of the issues facing the vice president’s department are: Staffing, Performance Management, and Appraisal. Bob Phillips came to Valley National Bank to manage through a merger. He managed/supervised only two people in his previous position and he lacked organizational and planning skills. He also has weak interpersonal skills which had created hard feelings among employees in the department. In regards to performance management, performance reviews are late up to six months and employee morale is low and attitudes toward the company have hardened. In regards to staffing, good people quit the bank and/or transferred to other departments and the replacements for those employees were done poorly in the way that the first person who walked in for an interview was hired (which means unqualified people were more than likely hired or a more qualified person did not have the opportunity to interview). Bob is very good at solving financial and accounting problems and he has an extensive knowledge of all major software programs. Another problem is Carla Goodman...
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