What are the cultural, ethnic, social, and educational characteristics, writing homework help

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timer Asked: Jun 10th, 2017
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Question Description

A regional bank has decided to open an office overseas for serving those businesses that are expanding internationally. Choose a country with a large financial center that you believe would be helpful to your customer base.

  • Discuss some of the challenges you may face in this new environment.
    • What are the cultural, ethnic, social, and educational characteristics?
  • Describe the political and legal systems.
  • How much does the government intervene in the private sector?
    • How will that affect your financial institution?
  • What type of economic system does it have?
    • What is the history of that economic system?
  • How is the country involved in international trade?
    • How does the government get involved in trade issues?
    • Will that help or hurt your financial institution?
  • Will your presence in this country be helpful in your attempts to invest in other developing countries?
  • Is this country involved in any regional integration efforts? How so?
  • Why did you choose this location for your bank?
  • As a manager, what would be your overall assessment about whether you want to pursue opening an office there?
    • Are the financial risks worth taking?
    • Will it be beneficial to all of the stakeholders?
In pursuing this, what type of presence do you think would be best suited to your objectives?
  • How should the plant be financed?
  • Should they hedge foreign exchange or something else? Explain.
  • Identify 3 foreign exchange instruments you would recommend?
  • What, if any, government regulations that would affect earnings and cash flow should they be aware of?
  • Include the need to be aware of inflation and interest rates and how it affects exchange rates.
  • Keep in mind that the country that the plant is in does not necessarily have to be where the financing is done.

Tutor Answer

Dmitry
School: UCLA

Attached.

Running Head: REGIONAL BANKING

1

Regional Banking
Student’s Name
Institutional affiliation
Date

REGIONAL BANKING

2
Regional Banking

OUTLINE
The Topic of the study: Regional banking
1. Introduction and Thesis
a. General information about what is to be done in the entire essay
2. Main discussion
a. Challenges in the new environment
❖ Competition with local banking Institutions
❖ Stereotypes when it comes to regional banking
❖ High Interests
❖ Government intervening in the private sector
❖ Type of economic system and its History
❖ Country involvement in international trade
❖ My presence
❖ Country involvement in integration effort
❖ My overall assessment as manager
❖ Ways of financing the plant

REGIONAL BANKING
❖ Three foreign instruments
3. Conclusion and my point of views
4. References

3

REGIONAL BANKING

4

Introduction and Thesis Statement
The aim of every business is not to remain stagnant but to expand. It takes a lot of good
planning, coming up with strategies to be followed and executing those strategies. With that the
business expands with time. One of the main results that indicate that any business is expanding
is by opening new branches. It may start with opening branches at local level and then expand
internationally. (Thesis statement)This essay explores a regional bank that operates
internationally and has opened a branch in three countries within East African countries to serve
business which are expanding internationally. These countries are Kenya, Uganda and Tanzania.
Within these three countries, this essay will focus more on new bank planted in Kenya
Main Discussion
First of all, local banks are always the backbone of the banking system in any country as
they help the mid-sized and the small businesses across any country. The businesses are able to
grow and invest with the help of the banking systems. Local natures of banking operations
always give people unique strategic opportunities which offer future growth even with increased
regulations and sluggish economy. With local banking system in forefront, the regional or
international banking faces challenges in attempt to open and operate banking services in a given
country (Beck, Cull, & Trandafir, 2010). These challenges are such as:
Competition with local banking Institutions
In Kenya, there are other local banking institutions such as Equity bank, Family bank,
Co-operative bank, and Kenya commercial Bank amongst others. These institutions are doing
pretty well in Kenya as country and for a Bank such as International Monetary Fund and Bank of
Africa to prosper to have many members is a dream. This makes it difficult for other regional

REGIONAL BANKING

5

banks to open new branches in Kenya. . Additionally, the citizens are used to the local banks
and most of them know how those banks operate. Some have even addicted to local bank
services and so introducti...

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Anonymous
awesome work thanks

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