Have backup plans and multiple copies of data in secured place. Train employees of detecting suspicious activity. 15 Employment issues H3 H3 Threat Strategic Hire qualified employees Promote education policies and agencies. 16 High operating cost H4 H5 Weakness Operational Plan budgets wisely Cut-down extra expenses. Make collaboration with businesses to get funded 17 Government support to ADCB H2 H1 Strength Strategic Make good relations with government. Invest the saved money in other departments. 18 Strictly follow rules of the government H3 H2 Weakness Strategic Follow all the rules and conduct heavy paperwork Change in policies might result in loss of funds. 19 Islamic finance is the future of UAE baking industry H3 H3 Opportunit y Operational Focus on Islamic banking practices. Introduce methods which support Islamic banking concepts Offer an Islamic account type as well to customers. 20 UAE Banking continues to earn profits H5 H5 Strength Operational Invest profits in other required projects Maintain its position and be strong Reduce its mistakes and increase sales. 21 Customer’s preferences changes over time H4 H4 Threat Strategic Bank should ask customers what is pleasant to them. What changes they require Conduct interviews and questionnaires frequently to get opinion. 22 Required to have high amount of cash in possession H5 H5 Weakness Operational Secure the ATM and banks so no theft occurs. The cash should be present so the customer 20
can get money easily. 23 Foreign banks leaving UAE H5 H5 Opportunit y Strategic Secure the ATM and banks so no theft occurs. Less competition. Make position strong in market. Attract the customers of the leaving banks 24 The clients related to oil industry might have some issues H3 H3 Threat Operational Revise the contract terms with clients regarding their loans try to recover the credit amount soon Make sure there is a recovery plan if the client cannot pay the debt. Get assistance from the government. 25 A fall in credit growth due to reduction of oil prices H3 H3 Threat Operational Try to recover the credit amount soon. Get clients make more deposit in the bank Attract more companies to use their services. Give less loans to their clients SWOT Analysis of ADCB bank The global banking situation has in recent years passed strong trends in term of globalization of the financial system. The remaining of the financial system has become the main challenge to bank polices and supervisors to the globe and ADCB was a part of the change here are some of the analysis about the bank. Strengths In the short-term, most evolve economies experienced a noticeable economic slowdown or mini-crisis in 2008-9 due to the American banking crisis, hardly effecting the growth of local banking assets.
- Spring '12
- Management, ........., Abu Dhabi Commercial Bank