Published in Banking & Financial Services category by MBA Skool Team
Emirates NBD is one of the leading brands in the banking & financial services sector. Emirates NBD 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 Emirates NBD:
The largest asset base in the Gulf Cooperation Council region having operations in the UAE, the Kingdom of Saudi Arabia, Qatar, the United Kingdom, Singapore and Jersey (Channel Islands), and representative offices in India and Iran
It is the leading retail banking franchise in the UAE, with over 140 branches and nealy 750 ATMs / Cash Deposit Machines spread across the UAE
Emirates NBD named "Best Bank in UAE" by Euromoney and Emirates NBD wins 'Best SME Internet Banking Service'
Above are the strengths in the SWOT Analysis of Emirates NBD. The strengths of Emirates NBD looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Emirates NBD Weaknesses
The online market is essential for displaying information and selling products. A weak online presence can result in lost opportunities for Emirates NBD
Limited global presence and dependence only on UAE market means limited market share
These were the weaknesses in the Emirates NBD SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Emirates NBD Opportunities
Focus on continuing growth to benefit from the government's spending drive
Bank sector lending to private companies in Saudi Arabia still grew at a rate of 15 percent year-on-year
International expansion likely to bolster revenues, the bank should try to expand its presence in overseas markets
The online market offers Emirates NBD the ability to greatly expand their business. Emirates NBD can market to a much wider audience for relatively little expense
Emirates NBD can venture into new markets which will allow it to expand their business and diversify their portfolio of products and services
Above we covered the opportunities in Emirates NBD SWOT Analysis. The opportunities for any brand can include prospects of future growth.
Emirates NBD Threats
Mature markets are competitive. In order for Emirates NBD to grow in a mature market, it has to increase market share, which is difficult and expensive
The lending environment in Saudi Arabia intensely competitive between a small number of local banks, and means that while banks will be able to book new assets, margins will be tight
Volatile costs mean Emirates NBD has to plan for scenarios where costs skyrocket. Cautious planning leads to development delays that can negatively affect Emirates NBD
The threats in the SWOT Analysis of Emirates NBD are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
Hence this concludes the Emirates NBD SWOT analysis.
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About Emirates NBD
The table below gives the brand overview along with its target market, segmentation, positioning & USP
Emirates NBD is a market leader across core business lines and is a socially responsible corporation
Emirates NBD STP
Retail banking, corporate banking, treasury banking and investment and brokerage services
Individuals, Small, medium & large enterprise looking for diverse financial solutions
Globally recognized as one of the leading and dynamic financial services provider based in the Middle East
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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