Question 1: Compare and contrast the strategic service vision of United Commercial Bank and El Banco. The strategic service vision entails four pillars‚ which consist of target market segment‚ service concept‚ operating strategy‚ and service delivery system. In essence‚ the pillars are utilized to improve or modify current services. The first pillar‚ target market segment is essentially the discovery stage. The point of this stage is to determine whom the company is serving and to whose needs
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1. Compare and contrast the strategic service vision of El Banco and United Commercial Bank. Strategic Service Vision Element Service Delivery System Providing informal atmosphere to differentiate services Due to focus on the Hispanic customers‚ El Banco allocated the branch at a more convenient location for a easy accessible to the community Hire employees based on Spanish-speaking Operating Strategy Focused on fee-based services‚ such as cash third party checks Offers home mortgage financing to
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Chapter 3 The Marketing Environment Previewing the Concepts—Chapter Objectives 1. Describe the environmental forces that affect the company’s ability to serve its customers. 2. Explain how changes in the demographic and economic environments affect marketing decisions. 3. Identify the major trends in the firm’s natural and technological environments. 4. Explain the key changes in the political and cultural environments. 5. Discuss how companies can react to the marketing environment
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1. United Commercial Bank is amongst the largest banks that serve the Asian-American community in the San Francisco region. The main focus is on Chinese community and thus it has 46 branches in California and offices and branch in Hong Kong‚ China and Taiwan. The vision and mission of the bank since its establishment has been time deposits and is spread all over San Francisco and Los Angeles as the largest bank to Asian community. The main focus is on loans of which majority loans are for real estate
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S&P affirmed Banco Multiva’s credit ratings on a national long-term scale of ‘MxA’ and short-term of ‘MxA-2’. The outlook is stable. At the same time‚ the credit agency affirmed their long-term rating on national scale ratings of ‘mxBBB-‘ of its issuance of subordinated debentures‚ and a rating of ‘mxA’ of stock certificates offered by the bank. The qualified ‘mxA’ debt is more susceptible to adverse effects of changes in circumstances or economic conditions that skilled at senior debt. However‚
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“Banco Filipino” (From Wikipedia‚ the free encyclopedia) Banco Filipino Savings and Mortgage Bank Type Public (PSE: BF) Industry Finance and Insurance Founded Manila‚ Philippines (1964) Headquarters Makati‚ Philippines Key people Teodoro O. Arcenas‚ Jr.‚ Chairman and President Perfecto Yasay‚ Vice Chairman Products Financial Services Revenue P2.932 billion PHP (37%) (2001)[2] Employees unknown Website www.bancofilipino.com Banco Filipino Savings and Mortgage Bank (PSE: BF)
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Banco Compartamos Case Study Social innovation and enterprise is one way of eradicating poverty and illiteracy in society. The model that an enterprise takes determines their social impact in the long run. While some organizations maintain their social values over time‚ others abandon or diminish those values and venture into more financially profitable activities (Yunus 205). The paper addresses how the micro-finance business model used by Compartamos Bank compares with the village bank model
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Recommendations---------------------------------------------------------------- 19 6. References------------------------------------------------------------------------------------------ 20-21 I. Introduction In the field of banking nowadays‚ one of the leading names is Banco de Oro or more popularly known as BDO. Presently‚ it is the largest bank in the country in terms of assets‚ loans and deposits. BDO is owned by SM Group of Companies‚ also the owner of one of the largest mall chains in the Philippines-the SM Malls
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• CASE OVERVIEW 1964- Banco Filipino was established. 1969- Banco Filipino starts giving customers the ability to deposit in any online BF branch‚ making it the first bank to process online transactions in real-time. 1970- Banco Filipino started expanding into the countryside with its first provincial branch opening in Naga City. 1972- The bank’s customer base grew to one million customers‚ even in the midst of martial law. 1975- It was voted as the most preferred bank in Metro Manila
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and once most popular bank in the Philippines‚ the Banco Filipino‚ formerly known as Banco Filipino Savings and Mortgage Bank‚ but surprisingly‚ it was closed twice in 1985 and in 2011 in the history of banks in the Philippines. Banco Filipino started its operation in 1964‚ founded by Tomas Aguirre and was known as one of the thrift bank. The Aguirre family together with the founder control and manage the aforementioned bank. And In 1965‚ Banco Filipino innovated and became the first all-woman
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