Syndicate Bank SWOT Analysis, Competitors, STP & USP

Published by MBA Skool Team, Last Updated: April 26, 2020

SWOT analysis of Syndicate Bank analyses the brand by its strengths, weaknesses, opportunities & threats. In Syndicate Bank SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.

SWOT Analysis is a proven management framework which enables a brand like Syndicate Bank to benchmark its business & performance as compared to the competitors. Syndicate Bank is one of the leading brands in the banking & financial services sector.

The table below lists the Syndicate Bank SWOT (Strengths, Weaknesses, Opportunities, Threats), top Syndicate Bank competitors and includes its target market, segmentation, positioning & Unique Selling Proposition (USP).

Syndicate Bank SWOT Analysis, Competitors, Segmentation, Target Market, Positioning, USP & Brand Analysis Table
Syndicate Bank Brand Analysis
Parent Company

Government of India
Category

Banking services
Sector

Banking & Financial Services
Tagline/ Slogan

Faithful Friendly
USP

Strong commitment to social welfare
Syndicate Bank STP
Syndicate Bank Segmentation

Urban and Rural banking
Syndicate Bank Target Market

All age and earning groups
Syndicate Bank Positioning

Complete Banking  solutions
SWOT Analysis of Syndicate Bank
Syndicate Bank Strengths

Below are the Strengths in the SWOT Analysis of Syndicate Bank:

1.  Financial products for rural sector
2.  Innovative schemes for agriculture sector
3.  Emphasis on I. T support
4. Has employee strength of over 25,000 employees
5. Syndicate Bank has achieved a rare feat of opening one million customer accounts in a span of 3 months
Syndicate Bank Weaknesses

Here are the weaknesses in the Syndicate Bank SWOT Analysis:

1. Less penetration in the country

2. Low branding and advertising as compared to other banks
3. Lack of retail banking and low customer service as compared to bigger banks in India
Syndicate Bank Opportunities

Following are the Opportunities in Syndicate Bank SWOT Analysis:

1. Small scale business banking
2.  International banking
Syndicate Bank Threats

The threats in the SWOT Analysis of Syndicate Bank are as mentioned:

1.  Economic crisis
2.  Highly competitive environment
3. Stringent Banking Norms
Syndicate Bank Competition
Competitors

Below are the top 5 Syndicate Bank competitors:

1.  Indian bank
2.  Corporation Bank

3.  Dena bank
4. Allahabad Bank
5. Central Bank of India


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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