1 answer

4. You are considering setting up a bank. Comment on the decision making process In your...

Question:

4. You are considering setting up a bank. Comment on the decision making process In your response please create different sce
4. You are considering setting up a bank. Comment on the decision making process In your response please create different scenarios pertaining to products/ services and locations and make sure you offer decision parameters to justify and support the decision

Answers

Bank Set up
Parameter Response Remark
Name of bank Bank of Man Easy name to remember
Location HQ at metro city Eg New York
AIM of product promote financial ease in transactions Eg prime focus on internet transaction setllement processing
Branches Branches across
Services and products Decision paramters for product
Loans Easy loans facility
Low rate of interest
Low processing fee
Debit card facility
FD sweep In and out facility
Credit cards Tie up ecommerce operator for cash backs
Diner Access facility
No processing fee for customers
Online transaction Provide payment gateway service
Become prime operator for clearing payment
Consumer durable loans Easy durable loans for customer
Investment facility Mutual funds to be launched
Invest easily with the mobile banking app
Stock exchange trading facility
.

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