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

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.

Final Answer




Regional Banking
Student’s Name
Institutional affiliation


Regional Banking

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

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




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



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...

Dmitry (12317)

Top quality work from this tutor! I’ll be back!

Heard about Studypool for a while and finally tried it. Glad I did caus this was really helpful.

Thank you! Reasonably priced given the quality

Similar Questions
Related Tags

Brown University

1271 Tutors

California Institute of Technology

2131 Tutors

Carnegie Mellon University

982 Tutors

Columbia University

1256 Tutors

Dartmouth University

2113 Tutors

Emory University

2279 Tutors

Harvard University

599 Tutors

Massachusetts Institute of Technology

2319 Tutors

New York University

1645 Tutors

Notre Dam University

1911 Tutors

Oklahoma University

2122 Tutors

Pennsylvania State University

932 Tutors

Princeton University

1211 Tutors

Stanford University

983 Tutors

University of California

1282 Tutors

Oxford University

123 Tutors

Yale University

2325 Tutors