Marketing strategies of banks in the consumer loans market

The motivation for this report has arisen from our observation of the recent increase in promotional efforts of banks in pursuing the 'man-on-the street'. Statistics has shown an increasing amount of loans to professionals and private individuals too. It would, therefore, be interesting...

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Main Authors: Lee, Bee Lan, Tan, Annie Kar Hwee, Wong, Yen Nee
Other Authors: Ravinder K. Zutshi
Format: Final Year Project (FYP)
Language:English
Published: 2015
Subjects:
Online Access:http://hdl.handle.net/10356/64293
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author Lee, Bee Lan
Tan, Annie Kar Hwee
Wong, Yen Nee
author2 Ravinder K. Zutshi
author_facet Ravinder K. Zutshi
Lee, Bee Lan
Tan, Annie Kar Hwee
Wong, Yen Nee
author_sort Lee, Bee Lan
collection NTU
description The motivation for this report has arisen from our observation of the recent increase in promotional efforts of banks in pursuing the 'man-on-the street'. Statistics has shown an increasing amount of loans to professionals and private individuals too. It would, therefore, be interesting for aspiring bankers to take an overview of the strategies that the different banks adopt in responding to the changes in the competitive environment. Case study approach was used as the primary research approach. The marketing strategies adopted by three banks, which included two local banks and one foreign bank, were studied. Data was collected through personal interviews with the bank managers. The interviews were then supplemented with data collected from secondary sources, such as brochures and articles. The study begins with the essential background introducing the banking industry. This is followed by a brief account of the development of marketing in the consumer loans market of the banking industry. The body of the report consists of the marketing strategies of two local banks and a foreign bank. The study also analyses the differences among the three banks in pursuing the consumer loan market as well as how they address the issues pertinent to this market. A future outlook of the consumer loans market is presented in the conclusion.
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spelling ntu-10356/642932023-05-19T05:41:39Z Marketing strategies of banks in the consumer loans market Lee, Bee Lan Tan, Annie Kar Hwee Wong, Yen Nee Ravinder K. Zutshi Nanyang Business School DRNTU::Business The motivation for this report has arisen from our observation of the recent increase in promotional efforts of banks in pursuing the 'man-on-the street'. Statistics has shown an increasing amount of loans to professionals and private individuals too. It would, therefore, be interesting for aspiring bankers to take an overview of the strategies that the different banks adopt in responding to the changes in the competitive environment. Case study approach was used as the primary research approach. The marketing strategies adopted by three banks, which included two local banks and one foreign bank, were studied. Data was collected through personal interviews with the bank managers. The interviews were then supplemented with data collected from secondary sources, such as brochures and articles. The study begins with the essential background introducing the banking industry. This is followed by a brief account of the development of marketing in the consumer loans market of the banking industry. The body of the report consists of the marketing strategies of two local banks and a foreign bank. The study also analyses the differences among the three banks in pursuing the consumer loan market as well as how they address the issues pertinent to this market. A future outlook of the consumer loans market is presented in the conclusion. BUSINESS 2015-05-25T09:12:20Z 2015-05-25T09:12:20Z 1993 1993 Final Year Project (FYP) http://hdl.handle.net/10356/64293 en Nanyang Technological University 102 p. application/pdf
spellingShingle DRNTU::Business
Lee, Bee Lan
Tan, Annie Kar Hwee
Wong, Yen Nee
Marketing strategies of banks in the consumer loans market
title Marketing strategies of banks in the consumer loans market
title_full Marketing strategies of banks in the consumer loans market
title_fullStr Marketing strategies of banks in the consumer loans market
title_full_unstemmed Marketing strategies of banks in the consumer loans market
title_short Marketing strategies of banks in the consumer loans market
title_sort marketing strategies of banks in the consumer loans market
topic DRNTU::Business
url http://hdl.handle.net/10356/64293
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