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Mgt101 Planning of a Bank

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Submitted By sanjinasimita
Words 642
Pages 3
PLANNING:

Planning means setting an organization’s goal and deciding how best to achieve them. In this process manager develop plan and coordinate work activities.

We have not any practical experience to work with EASTERN bank. We got only basic information about planning of Eastern bank.

VISION:

The vision of EASTERN bank is to become the most valuable brand in the financial service in Bangladesh and creating long–lasting value for their stakeholders and above all of the community they operate in by transforming the way they do business and by delivering sustainable growth.

MISSION:
Mission of EASTERN bank given below

 Deliver service excellence to their entire customer, both internal and external.
 Ensure to maximize shareholder value.
 Constantly challenge their system, procedure and training to maintain cohesive and professional team in order to achieve service excellence.
 Create enabling environment and embrace a team based culture where people excel.

PLANNING STRETEGY:

The planning strategy that EASTERN bank follows is under time-frame planning. They believe in short term relationships, so they practice short-term strategy.
Strategic planning includes work process improvement, project management, and increasing use of technology more and less paperwork to provide good services to their customers and achieve goal. They develop and generate ideas to incorporate technology in different business and day-to-day activities. They cannot take branch wise decisions. All the decisions and plans are taken by the top management in a centralize way and all section follow those plans.
UNCOMMON BANKING STRETEGY:
CORPORATE BANKING:
EBL Corporate Banking provides financial products & services reaching the country’s growing corporate base. With their expertise and dedication those, at EBL Corporate Banking, aim to provide the best possible

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