Parents who are blessed with children and love them dearly must also teach them how to manage their money. There are some ways parents can teach their children to properly manage their finances. To begin with, parents must be willing to invest time to teach them. Start giving children an allowance after they learn to [...]
The principles of marketing that applies in marketing bank services are the same in marketing consumer and industrial goods although their emphasis is different. The market for banking services is huge, diverse and dynamic. What is needed is focus and attention to the different elements of marketing mix, to identify specific groups of customers and [...]
The following statement was released by a bank several years ago. This statement is still very much applicable today. It is a reminder for everyone involved in banking or any type of business to do things upright. There is no field of human activity in which ideals applied are of more value than in business. [...]
Banks who understand how and why clients transact with them are in better position to combine appropriately the different elements of marketing mix. The motivation and behavior of bank clients demand careful attention, partly because the clients are so diverse and partly because bank’s products are “intangible”. How do people choose their banks? There is [...]
The bank manager has a vital role in the banking industry like fostering good relationships with clients and must have a detailed knowledge of bank products, services and organizational structure. The bank manager’s role is divided in three distinct aspects: First, the manager is a consultant or adviser to bank clients. The ability to understand [...]
Recent Comments