BUS 499 advise small minority owned banks to compete, business and finance help

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xxrlf71

Business Finance

Description

How would you advise small minority owned banks to compete or remain attractive in the banking market?

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Explanation & Answer

Here is the response to the capstone question:How small minority owned banks can remain attractive and
compete in the banking industry

The current banking industry
requires heavy investments in infrastructure, technology and communication
technology. Minority owned banks cannot afford heavy investments, due to
limited capital. The minority group might decide to serve clients who relate to
the aspect that make them a group, for instance a women group decide to bank on
women only. This is a challenge because they have competition from the ‘all inclusive’
banking institutions: Women can...


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I was having a hard time with this subject, and this was a great help.

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