STAMFORD UNIVERSITY Group Name : Promise Batch : 27th C Course Code: MGMT- 417 Course Title: Environmental Management Prepared for: MD. ZIAUR RHAMAN ( Lecturer, Stamford University Bangladesh ) Presentation on Standard Chartered Bank,Bangladesh. Our Group and Serial of Presentation Md. Mehedi Ali BBA 02707102 Umme Tasnuva BBA 02707065 Sunayan Kanti Paul BBA 02707063 Wahiddur Rahman BBA 02707092 Modassar Hossain BBA 02707198 Intorduction Part Present Situation & List of Products Organogram &Rivalry with the Competitors Substitutes & Power of Supplier Power of Buyer What u guys think ? Suspense Any Idea Guess Introduction of The name Standard Chartered basically comes after two banks which merged in 1969. started its operation in Bangladesh in 1948. Number of branches in Bangladesh stood at 6. In 2000, Standard Chartered acquired Grindlays Bank from ANZ Bank. Standard Chartered also formed strategic alliances with American Express Bank in Bangladesh. In 2006, Standard Chartered in Bangladesh announced an alliance with Dutch Bangla Bank to share their respective ATM operations. Present Situation of Globally, the key resources of SCB include: A network of over 600 offices in 50 countries. A staff of about 33000 people managing assets of around 47 billion pounds. Standard Chartered Bank’s international business in Personal Banking, Corporate Banking and Standard Chartered Markets are its special strengths. Standard Chartered Bank also maintains correspondent’s relationship with over 600 banks in 157 countries around the world. List of Products and Services of Personal Banking Commercial Banking Online Services Overview Managing Your Needs Deposits Loans Credit Cards Personal Banking Plans Priority Banking Services Phone Banking Service Money link Card Safe Deposit Locker Online Services Overview Global Overview Corporate Offices Global Markets Overview Global Overview Global Dealing Centres Feature Products Discover the new site The Greatest Race on Earth Organizational Organogram Chief Executive Officer Support Manager to CEO Head of Corporate and Institutions Head of Consumer Banking Head of Treasury Head of Institutional Banking Head of Finance & Admin. Head of Human Resource Dept. Senior Credit Officer Head of Legal & Compliance Head of GSAM Chief Operating Officer Head of Information Technology Head of External Affairs Suspense is end, We are going to discuss Porter’s Five Forces Rivalry among the Competitors In the banking industry, rivalry among the competing banks is moderate to high due to the following reasons: › Major rivals are equal or close to in size and capability (revenue and volume). › New private banks are snatching share from the NCBs and each other’s customers by providing extra benefits. › Slow market growth due to the sluggish economy. › Depositor’s cost of switching banks is low. In this, banking sector competitions is so much high. But each and every banks from Bangladesh and foreign they are making high profit by using their own strategy to grab the customers. Some time depositors are got confusion which bank they’ll choose. Example: EXIM Bank giving 12.75% for 3 months basis FDR,SCB are giving 12.50,Southeast Bank giving 12.25% for FDR. Substitutes There are substitute financial institutions that do many of the activities and transactions of a bank in the leasing field but these financial and leasing institutions are too small in size. These institutions can shrink the profit margin of commercial banks. Industrial Leasing and Development Company Ltd. (IDLC), Industrial Promotion and Development Corporation (IPDC), United Leasing Company are the key players. They provide industrial leasing to many companies in the country. But some of the operations of the banks like exporting / importing have no substitutes. Power of Suppliers Depositors are considered to be the suppliers of the banks. There are thousands of depositors from all walks of life. There are businessmen, service holders, farmers, students and people from virtually any other professions who are depositors of the banks. Big amount depositors have strong powers in determining interest rate of their deposits. Power of Buyers Creditors are considered to be the buyers of the banks. There are thousands of creditors from all walks of life. Mainly businessmen are the major buyer of Bank’s credit. Big amount creditors have strong powers in determining interest rate of their credit amounts. Banks distinguish their prime customers from others by setting a prime interest rate for them. Feel easy to ask any sort relevant question.