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Business Plan of A Bank

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BANK

BUSINESS PLAN

Prepared by: Mohammad Aslam

BUSINESS OVERVIEW

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Introduction
Commonly know as City Court Branch Opened in July 2001 Presently, the number of Employees are 15

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TARGET
Deposits have played a vital role in maintaining branchs Position The deposit of the branch as on December 2011 was Rs.700 (m) Present deposit is Rs.1,060 (m) till Aug 2012 Planning to achieve Rs.1,300 (m) upto 2013

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Competitive Advantage
Jodia Bazar, being the Hub of wholesalers, the revenue is mostly generated through imports and exports of commodities SMEs generating low-cost revenues are also key to adding deposits

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Growth Plan
To increase Foreign Trade business Lucrative opportunity in the wholesale hub of Karachi

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BUSINESS STRATEGY

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Strategy Tactics
Reinforcing customers for low cost deposits Setting up weekly deposit targets and achieving them Motivate Employees to get deposits by giving them incentives, Internal Marketing Dedicating a DMO for Branch

Tapping on to emerging markets such as


IT Based companies Media related companies
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Strategic Issues
Lack of Marketing Workforce Law and Order situation

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Core Values
Achieving more Deposits in Less period Satisfying customers with best branch level services Efficient Team management

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MARKETING

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SWOT Analysis
Strength
Environment of the branch Branch opened on Saturdays

Opportunities
Long Term and short Term Credit rating of our Bank is Excellent Attracts the Depositor Trust

All Employees of branch must know all products of the Bank

Proper training about branch operation is required

Location is critical, law and order situations due to Court area

Weakness

Threats
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Market Research
Wholesale Grain Market and Affluent Rice traders in the market New crop expectation and low rates to exporters and Traders will attract

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Key Customers
We have good relationship with a corporate client, Colgate Pakistan Limited Special Staff facilitation for Corporate client.

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Tactical Promotion Plan


Excess Word of Mouth Giving incentives to Employees for introducing new clients Visiting customers to their offices and maintaining good relationship management

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Credibility & Risk Reduction


Privacy of Customers is our priority Each customers info is strictly confidential Transparent banking

Customers are awared about banking procedure


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TEAM MANAGEMENT

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Skills & Training


Employees of each department are send for training every month Cross functional knowledge Proper evaluation of each employee every year

Each employee in the Branch is asked to greet and guide customer with smile and full of Energy
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CONCLUSION

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Conclusion
City court branch has huge impact on Importers and Exporters, credibility among the traders has to be very high to get more business Incentive plan for Employees will be essential to generate revenue

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THE END

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