Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

CBI launches five-year strategic plan to grow  Join our daily free Newsletter

MENAFN - Khaleej Times - 21/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN - Khaleej Times) Cbi?s new strategic plan provides an agenda to transform the bank to take full advantage of its strengths re-position for future growth and maximise business efficiency across all functions.

commercial bank international (cbi) on monday announced the launch of its five-year strategic plan following an extensive exercise led by management consultancy experts and endorsed by the bank’s board of directors.

cbi’s new strategic plan provides an agenda to transform the bank to take full advantage of its strengths re-position for future growth and maximise business efficiency across all functions.

kris babicci cbi’s chief executive officer said: “our strategy will turn up the heat on our competition and allow us to seize and grow market share. we have put our years of business expertise at work and have hired a management consultancy firm to conduct extensive research into the shaping of a solid business plan for the future of cbi calibrating growth over the next five years.”

the bank’s new strategic focus will in addition to the retail segment and large and medium-size companies pay special attention to small and medium size enterprises in mid-cap segments.

“our main business focus will be on mid market segments in retail sme and corporate through syndications. in fact trade and syndications are major focus areas for the bank where we are significantly leveraging on our strategic partnership with qatar national bank (qnb)” noted babicci. “we are re-positioning for future growth. we will deliver improved returns by building on our strengths concentrating on high growth areas exiting marginal businesses and sharpening our focus on client needs and on building long-term relations with our customers.”

he added: “in the future cbi will be stronger better balanced and well positioned to deliver sustainable growth. in short we are creating an agile bank that combines the highest standards of customer service and the finest aspects of a refined banking experience.”

“a proactive approach to customers is at the centre of cbi’s new strategy. as we move towards building profit-centered stability and with all the potential offered to us by our strategic partnership with qnb we realise that service quality operational excellence business efficiency and long-term customer relations will be crucial to enhance and sharpen cbi’s competitive edge” he noted.

— business?khaleejtimes.com


 






  MENA News Headlines
 Aug 23 2014 - Bringing ClientsAnd HerselfOut Of Poverty And Into Financial SuccessMENAFN Press
(MENAFN Press) At age 22 just 4 months after incorporating her business Amanda Goldman-Petri earned $10000. Now — at the age of 23 — she's a Marketing & Implementation Coach for ...

 Aug 23 2014 - Imran Khan's party quits ParliamentArab News
(MENAFN - Arab News) ISLAMABAD: The party of Pakistan opposition politician Imran Khan who has led a week of anti-government protests in the capital has resigned from parliament in its latest bid to ...

 Aug 23 2014 - 2 Saudis among 33 killed in Egypt bus crashArab News
(MENAFN - Arab News) CAIRO: At least 33 people died and dozens were injured when two buses collided before dawn in Egypt's Sinai Peninsula the state news agency and security sources reported.The ...

 Aug 23 2014 - Thousands of Yemenis protest against govtArab News
(MENAFN - Arab News) SANAA: Tens of thousands of Yemenis demonstrated in the capital Sanaa on Friday in a protest called for by the Shiite Houthi movement which wants the government to resign and ...

 Aug 23 2014 - Libyan armed group posts video of stadium executionArab News
(MENAFN - Arab News) TRIPOLI: An armed group carried out a videotaped execution of an Egyptian man in a football stadium in Libya in what Amnesty said Friday highlighted the country's descent into ...

 Aug 23 2014 - HSBC: Scottish independence would prompt 'capital flight'Arab News
(MENAFN - Arab News) LONDON: The chairman of banking giant HSBC has warned that uncertainty over the economic future of Scotland could lead to 'capital flight' if it votes to leave the United Kingdom ...

 Aug 23 2014 - Saudi - New Galileo satellites launchedArab News
(MENAFN - Arab News) PARIS: Two satellites for Europe's rival to GPS the Galileo navigation system were lifted into space from French Guiana in a launch broadcast live on the website of ...

 Aug 23 2014 - Yellen: Job market makes Fed hesitant on rate hikeArab News
(MENAFN - Arab News) WASHINGTON: Federal Reserve Chair Janet Yellen said Friday that the Great Recession complicated the Fed's ability to assess the US job market and made it harder to determine when ...

 Aug 23 2014 - 2.4 billion raised from 16 MENA market IPOs in H1Arab News
(MENAFN - Arab News) The MENA IPO (initial public offering) market performed robustly in H1 2014 raising $2.4 billion from 16 IPOs. This has been the market's best performance in terms of volumes and ...

 Aug 23 2014 - Newcomers steal show at Jeddah mushairaArab News
(MENAFN - Arab News) The lyrical qualities of Urdu were in full evidence at the annual mushaira organized by the Indian Consulate in Jeddah on Thursday.The presence of legendary Urdu poet 89-year-old ...

more...


 






Google

Click to Apply

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help