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Geographic and Product Expansion: Building a New Franchise

Steven I. Davis

Chapter 3 in Managing Change in the Excellent Banks, 1989, pp 24-37 from Palgrave Macmillan

Abstract: Abstract A universal challenge for the excellent banks is to extend their reach outside their traditional franchise on a profitable basis. The negative argument for such an extension can be heard in almost every language spoken in the banking world: ‘we’ve achieved the limits of market share expansion in our domestic market, margins are under pressure from competition and rising costs so we have to look to new markets’. A more positive motivation is expressed by banking institutions with product capability in a global or at least international market: ‘unless we extend our reach abroad, we can’t be competitive with those who are’.

Keywords: Chief Executive Officer; Foreign Bank; Banking World; Banking Branch; Banking Institution (search for similar items in EconPapers)
Date: 1989
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-10744-5_3

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DOI: 10.1007/978-1-349-10744-5_3

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