Local banks : going regional

• Main Authors: Cheng, Shiow Yng, Ho, Karen Su-Yin, Tan, Suan Kheng
• Other Authors: Nanyang Business School
• Format: Final Year Project
• Language: English
• Published: 2014
• Subjects: DRNTU::Business
• Online Access: http://hdl.handle.net/10356/59823
• Institution: Nanyang Technological University

Local banks in Singapore are facing stiff competition in the domestic market. As such, the local banks are moving their resources to the regional countries as they offer vast business opportunities. In order to establish their presence in the foreign countries, they need to formulate a set of regionalisation strategy. Having identified the strategies adopted by local banks and the business opportunities in the region, we have come up with a set of recommendation as to the procedures and strategies local banks need to implement to effectively enter the foreign markets.