Bangladesh must manage to insulate investment choices from corruption; we should build what should be built at about the right cost, rather than what should not be built at a wildly inflated cost.
Prime Bank Limited is maintaining a strong capital base. The bank believes in maintaining personal relationship with the customers. Though Prime Bank limited is still lagging behind in upgrading their software system, the bank has the prospect to select high quality banking software, which will make the banking operations easier and smooth.
As one can see, all the above elements represent significant strengths of the Bangladesh Against this, one can set some obvious weaknesses. One uncomfortable feature is that Bangladesh is one of the few countries where income poverty is falling slowly even though economic growth has picked up.
A higher demand for skilled workers can create an incentive for better training and education. With time, technology is getting advancement and most of the private banks are upgrading their operating system to survive in the industry.
There is close relationship between the employees and management though the chain of command is maintained strictly. A feature of both a weakness and a threat is the rapidly rising inequality in income and wealth, which neither supports economic efficiency nor social equity.
Prime bank Limited is lagging behind in this department and still mostly dependent on manual work rather than technology. Quality service providing is a major goals of Prime bank limited. Several important structural changes have taken place, such as agriculture becoming more resilient with the spread of dry season irrigated crop production and rapid expansion of non-crop agriculture; non-agricultural sectors assuming greater importance; infrastructure and market developments contributing to greater spatial integration and lower price effect of exogenous shocks; and higher mitigation capacity in responding to natural disasters.
Such free feasibility studies examine what kind of project should be built rather than if it is sensible to build the project. The work is done in a timely and systematic manner for which the efficient administration is responsible.
If agricultural productivity is low, investments in irrigation, improved agricultural systems, markets, and infrastructure can raise production and productivity. Even after three decades, most of the economic sectors especially agriculture are still weak; health and education indicators are low.
These studies are often a rich source of technical data but a poor and weak guide to underlying economics of the project. We must also avoid wildly inflated costs even on well-chosen projects. However, there is a lack of specific training for specific jobs.
In recent years, the number of private bank is increasing. The ongoing process of mainstreaming women into development is a strategic strength to bring wider and deeper social and economic changes. Services sector development including export of skilled manpower is a real possibility.
The bank has now increased its authorized capital to million for its expansion program. If a high- cost factory were built or equipment procured for its proper cost, with nothing added in improperly padded costs or commissions, it would still create a loss for Bangladesh and its people.
With the change of time, technological advancement is essential to survive in the competition. As there are large losses from bad project selection, a nation genuinely concerned with growth and stability will try to ensure that public investments are well chosen. Much less attention, however, has been placed on a related but equally serious problem which is the issue of waste.
The remittances from overseas workers have already become a great source of strength and this can be increased manifold with right policies. Corruption is certainly high. In a sense, many of the weaknesses that can be remedied are opportunities.
Corruption must be fought, but we must remember that it exists in all societies. The economic and administrative cost of securing business is high as well. Advancement of technology is posing great threat for Prime bank Limited. One important difference between corruption and waste is that with waste, there may or may not be a transfer of resources to a corrupt person but there is certainly a loss to everyone!
Prime Bank Limited has an efficient administration. As the bank has its own training institute to enhance the capability of human resources, Prime bank Limited can use this opportunity to train their employees in specific areas and create specialized and expert people for the bank.The fifth chapter focuses SWOT analysis of Prime Bank Ltd.
The sixth chapter is Prime Bank Limited Abl]}l.\; uitk dfemlCe Semi-Govt. Banks, and Private sector commercial bank of Bangladesh and also it is the third generation private bank in Bangladesh.
Bangladesh SWOT Analysis. No description by Transcript of Bangladesh SWOT Analysis. Bangladesh Located in southern Asia Population is over million people One of the most densely populated countries in the world. limited resources to build new infrastructure Insufficient power supplies electricity theft, blackouts, shortages.
SWOT Analysis Report – Bangladesh. 2. As the name implies, a SWOT analysis consists of four categories: strengths, weaknesses, opportunities, and threats. These categories can further be defined as either internal or external factors.
Strengths and weaknesses are often. Bangladesh Economy: A SWOT Analysis SWOTAnalysis: A SWOT analysis is a strategic balance sheet of an organization; that is the strengths of the organization, the weaknesses of the organization, the opportunities facing the 4/4(5).
SWOT ANALYSIS ON HDFC BANK The HDFC Bank Limited - SWOT Analysis company profile is the essential source for top-level company data and information.
The report examines the company’s key business structure and operations, history and products, and provides summary analysis of its key revenue lines and strategy.
DVB's business model is based on a detailed analysis of its key strengths, weaknesses, opportunities and threats – a so-called SWOT analysis. Our competitive strengths and business opportunities distinguish the Bank from other market participants.
It is this competitive edge that allows us to successfully deal with the.Download