Submitted by: Submitted by rekz
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Category: Business and Industry
Date Submitted: 04/14/2013 08:36 PM
http://www.mbaskool.com/brandguide/banking-and-financial-services/3138-maybank.html
http://www.mbaskool.com/brandguide/banking-and-financial-services/3138-maybank.html
Maybank SWOT analysis
Strength
Maybank is the largest bank in Malaysia in terms of number of branches. Maybank has a customer base of more than 21 million. Maybank has a presence in 17 countries around the globe. M
MAYBANK
SWOT ANALYSIS
What is SWOT Analysis?
SWOT analysis is a planning exercise in which manager identify internal organization strengths (S) and weaknesses (W) and external environmental opportunity (O) and threat (T). To achieve the mission and goal, the strategy of SWOT analysis is used.
STRENGTHS
It is a well known bank where it have over 450 office in 14 countries, Maybank is ranked 153 among the world’s top 1000 banks, have 374 domestic branch and 90 international branch.
Correspodent banking relationship with 700 foreign banks through out the world. It also have diversity in product where they provide opening account, giving loan, cerdit cards, investment & insurance, and Islamic banking
Strong perfomance where it was listed second largest in Malaysia Stock Exchange and Bursa Malaysia and Maybank workforce come from a multifaceted background of skills, disciplines, experience and industry knowledge to create talented teams of idea generators. Their workforce is a diverse one to ensure deep appreciation of the intricacies and complexities of each client’s industry and business.
WEAKNESSES
Inefficient Service and poor customer service, for example Maybank does not have bank systems be automated with built-in security features to verify their customer’s accounts and details without having to rely on a piece of physical paper with a signature. This would make customer harder to replace card or change account if go to different branch. This kind of service is totally unacceptable in today’s competitive world where...