The document analyzes the strategic group of Bank Pekao in Poland's banking sector. It finds that Bank Pekao's main competitors are Bank Handlowy w Warszawie, Deutsche Bank, ING Bank Śląski, Raiffeisen Bank Polska SA, and Bank Zachodni. It then examines these banks across two dimensions: product line breadth and geographic convergence. The banks vary in their product offerings and international presence across Europe and other regions. Geographic convergence is an important factor given foreign ownership of Poland's banking sector and the globalized nature of banking.
Banking sector. Banking volumes have continued to grow fast during 2016, despite relatively unfavourable regulatory environment. Deposits of non-financial clients at banks recorded a strong 11% YoY increase to nearly PLN 1.1 trillion while lending increased a bit slower, at 5% YoY to PLN 1.11 trillion. The growth of volumes was balanced across all client segments, however, retail deposits advanced particularly fast. As a consequence of growing key volumes, total banking assets increased by 7% YoY to a record of PLN 1.71 trillion as of December 2016.
RMB Internalization, Rational, Establishing of Clearing Bank and Requirement ...Moncef Heddad
The research is a joint collaboration between MCM Partners and the Chinese University of Hong Kong (CUHK)
In this presentation, we will first provide you the rationale behind the internationalization of RMB. It also describe the role and process of establishing of RMB clearing bank, as well as the list of requirements to becoming a a RMB hub.
Next, we will introduce the major RMB hubs in the world, which are Hong Kong, London and Frankfurt, by providing you with numerous facts, numbers and statistics.
Last but not least, in-depth analyses in the trade and cooperation between China and Africa, as well as China and Russia, will be included in this presentation.
At the end of the presentation, you would clearly understand the past, current and future development of the RMB hubs.
RMB thoughts and practices from the Industrial and Commercial Bank of China Ltd. (ICBC) as presented by Dr. Yaogang Chen, ICBC on July 10, 2017 at a conference titled, 'Chinese Renminbi in the Caribbean-Opportunities for Trade Aid and Investment,' held at the Hilton Barbados Resort.
Banking sector. Banking volumes have continued to grow fast during 2016, despite relatively unfavourable regulatory environment. Deposits of non-financial clients at banks recorded a strong 11% YoY increase to nearly PLN 1.1 trillion while lending increased a bit slower, at 5% YoY to PLN 1.11 trillion. The growth of volumes was balanced across all client segments, however, retail deposits advanced particularly fast. As a consequence of growing key volumes, total banking assets increased by 7% YoY to a record of PLN 1.71 trillion as of December 2016.
RMB Internalization, Rational, Establishing of Clearing Bank and Requirement ...Moncef Heddad
The research is a joint collaboration between MCM Partners and the Chinese University of Hong Kong (CUHK)
In this presentation, we will first provide you the rationale behind the internationalization of RMB. It also describe the role and process of establishing of RMB clearing bank, as well as the list of requirements to becoming a a RMB hub.
Next, we will introduce the major RMB hubs in the world, which are Hong Kong, London and Frankfurt, by providing you with numerous facts, numbers and statistics.
Last but not least, in-depth analyses in the trade and cooperation between China and Africa, as well as China and Russia, will be included in this presentation.
At the end of the presentation, you would clearly understand the past, current and future development of the RMB hubs.
RMB thoughts and practices from the Industrial and Commercial Bank of China Ltd. (ICBC) as presented by Dr. Yaogang Chen, ICBC on July 10, 2017 at a conference titled, 'Chinese Renminbi in the Caribbean-Opportunities for Trade Aid and Investment,' held at the Hilton Barbados Resort.
The financial data of the current Export - Import Bank of Romania and its indicators of solvency (situated at a high level), represent, along with a diversified portfolio of financial products aimed at supporting the national economy, important factors in designating this institution as a financial intermediary of European funds that will be allocated as financial instruments in 2014 - 2020. Following a Polish business model, the current Bank of Export - Import Romania can become by the end of 2015 a development bank, meaning a financial institution essential to the smooth running of a national economy especially in terms of interventionist state policies in times of economic crisis, thus acting through anti-cyclical lending policies. Although both financial institutions would have found a clear purpose in an economy (as a development bank - Development Bank and a bank for Export Import - Export Credit Agency), this Romanian Lex Ferenda propose a formula that combines features of both institutions, creating such a financial institution - bank with state capital that wants to offer financial products - bank loans from various co-financing sources, securities, European financial instruments etc After analyzing several business models in EU, among which we note HBOR in Croatia, KfW of Germany, BDB in Bulgaria, the best suited for Romania objectives of economic development could be the model BGK, Bank Gospodarstwa Krajowego from Poland. Considering the performance that Poland obtained as EU member state in the absorption of European structural and cohesion funds 2007 - 2013, it is no wonder that European funds will be extremely important for the future Romanian Development Bank Eximbank. In this direction it is estimated that in the Multiannual Financial Framework 2014 - 2020, the institution will provide co-financing of European projects representing commitments of our country to the European Union with an impact estimated at 6 billion euros.
The M&A Index Poland report is a position
that has become a permanent fixture in the
calendar of the industry summaries in Poland.
The reports are prepared quarterly by a consulting
firm Navigator Capital and FORDATA,
a leader in the field of IT solutions which
support M&A transactions.
China has become the second-largest economy worldwide. The country’s equity market ranks second, and its fixed income market ranks third among world markets. What are the options for investment funds and institutional investors to access these markets? Will they further open to foreign investors? Join us for an educational discussion around the “Dos and Don’ts” of accessing the Chinese capital markets.
European Banking Barometer – 2016: Seeking stability in an uncertain worldEY
The European Banking Barometer provides an overview of European banking industry, as well as the priorities banks will focus on over in 2016.
Now in its seventh edition, the latest survey consists of 250 interviews with senior bankers across 12 European markets.
Overall, the study shows that the European banking industry is taking measures to reposition for a long-term environment of low growth. But they mustn’t take their focus off the innovation agenda, if they want to lay the foundations for delivering sustainable returns in the years to come.
To find out more please visit http://www.ey.com/ebb.
German Perspectives on the Evolution of Financial Cooperatives - Lessons for ...Stefanie Schulte
Sep 21, 2016 Filene/CCUA Symposium: Reimagining Credit Unions: The Federal Option, Lessons from Europe, and Digital Lending
Co-operative banking really is better for communities. Drawing on her knowledge of the German co-operative banking system and academic as well as policy research, Stefanie Schulte from the German Co-operative Association RWGV discusses the structure of the German co-operative banking system and how it supports the country’s resilient economic model through lending to small and medium-sized businesses and the local economies more generally.
EY's fifth European Banking Barometer identifies the views of 294 senior European bankers across 11 markets regarding the macro-economic outlook and regulations, and their impact on the banking industry over the next six months.
For further information visit: www.ey.com/ebb
EY's European Banking Barometer – 2015 identifies the views of 226 senior European bankers across 11 markets regarding their views of the macro-economic outlook and the impact they think it will have on the banking industry in 2015.
For further information visit: www.ey.com/ebb
PIRAEUS BANK FINANCIAL INSTITUTIONS ASSESSMENT MODEL: 2016 RANKINGSIlias Lekkos
The aim of this study is to provide clarity and transparency as to the methodology developed by Piraeus Bank in order to assess the financial strength, balance sheet quality and capital adequacy of a large number of -mostly European- financial institutions.
The methodology developed allows shortlisting the “preferred” financial institutions and ranking them each year from “best” to “worst”.
Having created the shortlist, the findings can be further used for the following three purposes:
To select fixed income instruments issued by the shortlisted institutions to be included in Piraeus Bank’s fixed income investment strategy
To use this shortlist as a starting point for the equity selection process of the above financial institutions
And last but not least, to evaluate current and potential counterparties for the wholesale banking division
The financial data of the current Export - Import Bank of Romania and its indicators of solvency (situated at a high level), represent, along with a diversified portfolio of financial products aimed at supporting the national economy, important factors in designating this institution as a financial intermediary of European funds that will be allocated as financial instruments in 2014 - 2020. Following a Polish business model, the current Bank of Export - Import Romania can become by the end of 2015 a development bank, meaning a financial institution essential to the smooth running of a national economy especially in terms of interventionist state policies in times of economic crisis, thus acting through anti-cyclical lending policies. Although both financial institutions would have found a clear purpose in an economy (as a development bank - Development Bank and a bank for Export Import - Export Credit Agency), this Romanian Lex Ferenda propose a formula that combines features of both institutions, creating such a financial institution - bank with state capital that wants to offer financial products - bank loans from various co-financing sources, securities, European financial instruments etc After analyzing several business models in EU, among which we note HBOR in Croatia, KfW of Germany, BDB in Bulgaria, the best suited for Romania objectives of economic development could be the model BGK, Bank Gospodarstwa Krajowego from Poland. Considering the performance that Poland obtained as EU member state in the absorption of European structural and cohesion funds 2007 - 2013, it is no wonder that European funds will be extremely important for the future Romanian Development Bank Eximbank. In this direction it is estimated that in the Multiannual Financial Framework 2014 - 2020, the institution will provide co-financing of European projects representing commitments of our country to the European Union with an impact estimated at 6 billion euros.
The M&A Index Poland report is a position
that has become a permanent fixture in the
calendar of the industry summaries in Poland.
The reports are prepared quarterly by a consulting
firm Navigator Capital and FORDATA,
a leader in the field of IT solutions which
support M&A transactions.
China has become the second-largest economy worldwide. The country’s equity market ranks second, and its fixed income market ranks third among world markets. What are the options for investment funds and institutional investors to access these markets? Will they further open to foreign investors? Join us for an educational discussion around the “Dos and Don’ts” of accessing the Chinese capital markets.
European Banking Barometer – 2016: Seeking stability in an uncertain worldEY
The European Banking Barometer provides an overview of European banking industry, as well as the priorities banks will focus on over in 2016.
Now in its seventh edition, the latest survey consists of 250 interviews with senior bankers across 12 European markets.
Overall, the study shows that the European banking industry is taking measures to reposition for a long-term environment of low growth. But they mustn’t take their focus off the innovation agenda, if they want to lay the foundations for delivering sustainable returns in the years to come.
To find out more please visit http://www.ey.com/ebb.
German Perspectives on the Evolution of Financial Cooperatives - Lessons for ...Stefanie Schulte
Sep 21, 2016 Filene/CCUA Symposium: Reimagining Credit Unions: The Federal Option, Lessons from Europe, and Digital Lending
Co-operative banking really is better for communities. Drawing on her knowledge of the German co-operative banking system and academic as well as policy research, Stefanie Schulte from the German Co-operative Association RWGV discusses the structure of the German co-operative banking system and how it supports the country’s resilient economic model through lending to small and medium-sized businesses and the local economies more generally.
EY's fifth European Banking Barometer identifies the views of 294 senior European bankers across 11 markets regarding the macro-economic outlook and regulations, and their impact on the banking industry over the next six months.
For further information visit: www.ey.com/ebb
EY's European Banking Barometer – 2015 identifies the views of 226 senior European bankers across 11 markets regarding their views of the macro-economic outlook and the impact they think it will have on the banking industry in 2015.
For further information visit: www.ey.com/ebb
PIRAEUS BANK FINANCIAL INSTITUTIONS ASSESSMENT MODEL: 2016 RANKINGSIlias Lekkos
The aim of this study is to provide clarity and transparency as to the methodology developed by Piraeus Bank in order to assess the financial strength, balance sheet quality and capital adequacy of a large number of -mostly European- financial institutions.
The methodology developed allows shortlisting the “preferred” financial institutions and ranking them each year from “best” to “worst”.
Having created the shortlist, the findings can be further used for the following three purposes:
To select fixed income instruments issued by the shortlisted institutions to be included in Piraeus Bank’s fixed income investment strategy
To use this shortlist as a starting point for the equity selection process of the above financial institutions
And last but not least, to evaluate current and potential counterparties for the wholesale banking division
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
We will dig deeper into:
1. How to capture video testimonials that convert from your audience 🎥
2. How to leverage your testimonials to boost your sales 💲
3. How you can capture more CRM data to understand your audience better through video testimonials. 📊
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
Skye Residences | Extended Stay Residences Near Toronto Airportmarketingjdass
Experience unparalleled EXTENDED STAY and comfort at Skye Residences located just minutes from Toronto Airport. Discover sophisticated accommodations tailored for discerning travelers.
Website Link :
https://skyeresidences.com/
https://skyeresidences.com/about-us/
https://skyeresidences.com/gallery/
https://skyeresidences.com/rooms/
https://skyeresidences.com/near-by-attractions/
https://skyeresidences.com/commute/
https://skyeresidences.com/contact/
https://skyeresidences.com/queen-suite-with-sofa-bed/
https://skyeresidences.com/queen-suite-with-sofa-bed-and-balcony/
https://skyeresidences.com/queen-suite-with-sofa-bed-accessible/
https://skyeresidences.com/2-bedroom-deluxe-queen-suite-with-sofa-bed/
https://skyeresidences.com/2-bedroom-deluxe-king-queen-suite-with-sofa-bed/
https://skyeresidences.com/2-bedroom-deluxe-queen-suite-with-sofa-bed-accessible/
#Skye Residences Etobicoke, #Skye Residences Near Toronto Airport, #Skye Residences Toronto, #Skye Hotel Toronto, #Skye Hotel Near Toronto Airport, #Hotel Near Toronto Airport, #Near Toronto Airport Accommodation, #Suites Near Toronto Airport, #Etobicoke Suites Near Airport, #Hotel Near Toronto Pearson International Airport, #Toronto Airport Suite Rentals, #Pearson Airport Hotel Suites
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
Kyiv PMDay 2024 Summer
Website – www.pmday.org
Youtube – https://www.youtube.com/startuplviv
FB – https://www.facebook.com/pmdayconference
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
1. STRATEGIC
ANALYSIS
BANK
PEKAO
(Matteo
Biagini)
Poland’s
banking
sector
is
the
biggest
banking
market
in
the
central
and
eastern
European
region.
The
country’s
banking
sector
is
70%
owned
by
foreign
investors.
Some
of
the
foreign
parent
banks
have
sold
their
Polish
units
this
year
to
tide
over
the
crisis
in
their
home
markets.
Concerning
the
Strategic
group
analysis
regarding
Bank
Pekao,
we
analyzed
the
market
of
banking
sector.
We
saw
that
Bank
Pekao
has
5
main
competitors:
Bank
handlowy
w
warszawie
(citigroup),
Deutsche
Bank,
ING
Bank
Śląski,
Raiffeisen
bank
polska
SA.
Bank
Zachodni
(grupe
Santander).
Following
the
Strategic
Group
Analysis.
Product
Line
Breadth:
1 Bank
Pekao:
Financial
services
personal
accounts
express
loans,
mortgage
loans,
credit
cards,
prepaid
cards,
investment
products,
internet
banking,
mobile
banking,
phone
top-‐ups.
2
Bank
handlowy
w
warszawie
(citigroup):
Current
accounts:
Savings
Account,
Super
Saving
Account
Services:
Citibank
Online,
Citi
Alerts,
Mobile
top
up,
Cheap
CHF
Rebate
Programme,
Medical
Package.
3
Deutsche
Bank
:
Accounts,
Credit
Cards,
Deposits,
Structured
Investments,
Investments
funds,
Stock
Exchange
services
Credits
and
loans,
Bancassurance.
Business
Clients:
Accounts
and
settlements,
Credits
db
FranchiseFinance
Deposits
and
investments
Stock
Exchange
services.
Corporate
Clients:
Cash
Management
&
Trade
FinanceTrust
&
Securities
Services
Corporate
Finance
4
ING
Bank
Śląski
Payments,
Savings,
Loans,
Insurances,
Mortgages,
Insurance
on
life
and
health,
Investments,
Retirement
Products.
5
Raiffeisen
bank
polska
SA:
financing,
leasing,
investing,
hedging,
trade
&
export
finance,
investment
banking,
cash
management,
payment
services,
custody
&
fund
services.
6
Bank
Zachodni
(grupe
Santander)
from
daily
banking
operations
to
investment
management
or
the
granting
of
a
mortgage.
Also
from
the
financing
of
equipment
and
investments,
or
the
handling
of
foreign
trade
collections
and
payments,
to
Treasury
management
and
an
extensive
range
of
transactional
services.
2. Geographic
convergence:
UniCredit
group):
is
one
of
Europe's
leading
commercial
bank
with
strong
1)
Bank
Pekao
(
roots
in
17
European
countries.
This
bank
is
present
in
roughly
50
markets,
includes
more
than
8,900
branches
and
over
147,000
employees.
The
Group
operates
in
the
following
countries:
Austria,
Azerbaijan,
Bosnia
and
Herzegovina,
Bulgaria,
Croatia,
the
Czech
Republic,
Germany,
Italy,
Poland,
Romania,
Russia,
Serbia,
Slovakia,
Slovenia,
Turkey,
Ukraine
and
Hungary.
2)
Bank
handlowy
w
warszawie
(citigroup):
Proudly
serving
more
than
100
million
clients
in
40
countries,
and
above
all
in
some
of
the
world's
most
important
growth
markets,
from
China,
Malaysia,
Korea
and
India
in
Asia
Pacific,
to
Poland
and
Russia
in
Europe,
to
Mexico,
Brazil,
Colombia,
Argentina
and
Panama
in
Latin
America.
In
Mexico
3)
Deutsche
Bank
Is
a
Germany
based
group.
Against
a
backdrop
of
increasing
globalization
in
the
world
economy,
Deutsche
Bank
is
very
well-‐positioned,
with
a
presence
in
over
70
countries,
significant
regional
diversification
and
substantial
revenue
streams
from
all
the
major
regions
of
the
world.
They
have
bases
in
all
major
emerging
markets
including
the
Asia
Pacific
region,
Central
and
Eastern
Europe,
and
Latin
America.
4)
ING
BANK
Is
a
Netherlands-‐based
group,
with
thousands
of
branches
in
more
than
40
countries.
With
global
reports
made
available,
you
can
access
comparative
economic
data
of
countries,
country
analysis
and
forecasts,
and
international
market
forecasts.
5)
Reiffesen
Bank
Raiffeisen
Bank
International
considers
Austria
and
Central
and
Eastern
Europe
(CEE)
its
home
market.
In
Austria,
it
is
a
leading
commercial
and
investment
bank.
In
CEE,
its
subsidiaries
cover
the
entire
region:
approximately
14.6
million
customers
are
serviced
at
more
than
3,000
business
outlets
in
the
corporate
and
private
customer
segments
as
well
as
in
investment
banking.
3. 6)
Bank
Zachodni
(grupe
Santander):
Santander
Consumer
Finance
is
a
leading
consumer
finance
company
operating
in
13
European
countries,
from
mature
to
emerging
markets:
Austria,
Belgium,
Denmark,
Finland,
Germany,
Italy,
the
Netherlands,
Norway,
Poland,
Portugal,
Spain,
Sweden
and
the
UK.
Geographic
convergence
vs.
Product
Line
Breadth
We
decided
to
analyze
geographic
convergence
because
it
has
importance
in
today
internationalized
banking
sector.
The
main
reason
is
because
the
polish
banking
market
is
owned
for
a
70%
by
foreigns
investors
and
geographic
convergence
importance
is
rising
in
all
industry
and
it
means
that
a
globalized
and
internationalized
bank
can
create
a
relevant
competitive
advantage.
And
above
all
the
more
a
bank
is
global
the
more
is
linked
with
other
banks
and
the
more
the
customer
has
the
possibility
to
benefit
from
more
services
all
over
the
world.
But
on
the
other
hand,
companies
have
also
to
consider
the
product
line
breadth
because
customer
can
choose
the
bank
with
the
biggest
product
line.
Concerning
the
product
line
breadth
we
can
note
that
some
are
narrows
and
other
are
wider.
Pek
ao
Deut
sche
Raiff
eisen
Bank
handl
owy
ING
zac
hod
ni
Geographical
Convergence
Product
line
breadth
NARROW
WIDE
LOW
HIGH
4. Analyzing
the
geographical
convergence
we
can
see
that
the
banks
operating
in
Poland
are
brenches
of
baks
operating
all
over
the
world.
We
can
go
from
Deutsche
Bank
that
it
is
present
in
70
countries
to
Raiffesen
that
operates
in
Central
and
Eastern
Europe.
Bank
Pekao
is
in
a
middle
position
beacuese
it
operates
in
17
European
country
plus
Azerbaijan,
Russia,
Turkey
and
Ukraine.
So
we
can
say
that
Pekao
is
in
many
countries
but
is
not
globalized
as
Deutsche
Bank,
Bank
Handlowy
and
ING.
Concerning
the
product
line
breadth
we
can
see
that
Deutsche
Bank
is
still
dominating
and
that
now
Bank
Zachodni
(grupe
Santander)
is
in
a
good
position.
But
also
Bank
Pekao
is
offering
a
lot
of
good
services
in
Poland
and
for
sure
the
product
line
is
wider
than
Bank
Handlowy
and
Reiffesen
Bank.
Of
course
they
will
have
to
try
to
enter
in
new
markets
but
the
quantity
of
services
offered
in
Poland
is
quite
sufficient
for
the
country.
According
to
the
graph,
Deutsche
Bank
has
the
best
position,
because
right
now
it
is
operating
in
more
than
70
countries
and
the
quantity
of
service
and
power
on
the
market
is
really
high.
But
Bank
Pekao
has
all
the
instruments
to
do
well
in
Poland
and
in
the
future
try
to
enlarge
to
non
european
countries.