Published in Banking & Financial Services category by MBA Skool Team
Bank Rakyat Indonesia is one of the leading brands in the banking & financial services sector. Bank Rakyat Indonesia SWOT analysis evaluates the brand by its strengths & weaknesses which are the internal factors along with opportunities & threats which are the external factors. Let us start the SWOT Analysis of Bank Rakyat Indonesia:
BRI serves it customers through more than 7,000 outlets spread all over Indonesia
Stronghold on the MSME customer base of the country that are the drivers of any economy
Good brand presence and high customer loyalty
Above are the strengths in the SWOT Analysis of Bank Rakyat Indonesia. The strengths of Bank Rakyat Indonesia looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Bank Rakyat Indonesia Weaknesses
Total business portfolio is related to MSMEs and diversifications are needed to reap more profits from the well established network of the bank.
Global presence is little compared to major banks which are going global
These were the weaknesses in the Bank Rakyat Indonesia SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Bank Rakyat Indonesia Opportunities
Financial advisory to the small time entrepreneur
Financing of e-waste recycling companies
Financing of companies that are into evaluating, buying and selling of carbon foot prints
International presence through tie-ups and collaborations
Above we covered the opportunities in Bank Rakyat Indonesia SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Bank Rakyat Indonesia Threats
Slow centralization of application system delaying mitigation of operational risk.
No ISO Standard 9001:2008 –for Quality Management Systems.
Fierce competition in the retail sector.
The threats in the SWOT Analysis of Bank Rakyat Indonesia are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
Hence this concludes the Bank Rakyat Indonesia SWOT analysis.
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About Bank Rakyat Indonesia
The table below gives the brand overview along with its target market, segmentation, positioning & USP
Commercial bank that always prioritizes customer satisfaction.
Bank Rakyat Indonesia STP
People who are looking to take credit from banks
Micro, Small and Medium Enterprises
Leading commercial bank that always prioritizes customer satisfaction.
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