Published in Banking & Financial Services category by MBA Skool Team
Syndicate Bank is one of the leading brands in the banking & financial services sector. Syndicate Bank 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 Syndicate Bank:
Syndicate Bank has achieved a rare feat of opening one million customer accounts in a span of 3 months
Above are the strengths in the SWOT Analysis of Syndicate Bank. The strengths of Syndicate Bank looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Syndicate Bank Weaknesses
Less penetration in the country
Low branding and advertising as compared to other banks
Lack of retail banking and low customer service as compared to bigger banks in India
These were the weaknesses in the Syndicate Bank SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
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