Swot Analysis of Bank Al-Falah Essay Example

Swot Analysis of Bank Al-Falah Essay SWOT Analysis of Bank Al-Falah Here we have applied this very useful technique to identifythe strengths, weaknesses, opportunities and threats ofBank Al-Falah. Strengths Strengths Strong Financial Position Strong Financial Position As we can see in the financial statements of the bank, the financial position of the organization is very sound and its profitability is in increasing. The Earning per sharehas been increased on a rate of about 50%, which is a verypositive sign. Highly Qualified Employees Highly Qualified Employees The bank has highly qualified and skilled workforceand it has succeeded to attract the best bankingprofessionals from across the country due to its growingpace and sound reputation. Conducive Environment Conducive Environment The management of the bank is very muchconcerned with the development of and improvement of theworking environment. The bank has state of the art andpurpose built branches where all the modern technologiesare provided to get the efficiency of the workforce and thecustomer satisfaction. Govt. Support and Encouragement Govt. Support and Encouragement As the owners of the bank belong to UAE and thetype of their investment in Pakistan is a foreign investment,the govt. is fully supporting the bank management due to itspolicy to maximize the foreign investment in the country, toget the economic prosperity. Fastest Growing Financial Institution Fastest Growing Financial Institution Due to its successful business policies and thestrong financial position the bank has achieved thereputation of fastest growing financial institution in thecountry. We will write a custom essay sample on Swot Analysis of Bank Al-Falah specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Swot Analysis of Bank Al-Falah specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Swot Analysis of Bank Al-Falah specifically for you FOR ONLY $16.38 $13.9/page Hire Writer It has greatly increased the customers confidencein the bank Huge Expansion Plan Huge Expansion Plan Due to its strong financial position the bank has undergone a huge expansion plan to compete with the existing bank all over the country and with the passage of time the branch network is expanding at a very good pace. Young and Energetic Workforce Young and Energetic Workforce As the bank is a newer one in the country, the bankhas an advantage over its competitors because the majorityof its workforce is young and not very much over aged. Thus the bank is getting maximum out put from its youngand energetic workforce by spending comparatively less ontheir remunerations. Islamic Banking Division Islamic Banking Division The bank is one of the pioneers of the commercialbanks who have started the Islamic Banking along with theirconventional banking. The bank has a separate network ofits Islamic Banking Division which has 16 branches acrossthe country and this network is also expanding at a very good pace. Weaknesses Waiver of charges Waiver of charges Currently the middle management of bank Al-Falah is thebig reason for waiver of charges. Bank Al-Falah loosing alot of its income likes (Cheque book charge, online charges,statement charges, and other things) because ofmanagement. This is a weakness of bank Al-Falah. Inexperienced workforce Inexperienced workforce As the majority of the workforce consists of young professional, they lack in their experience. And sometimes ack of experience becomes a hurdle while serving to thecustomers. It is the point where they feel difficulty whilecompeting the other bank, which have a very experiencedworkforce. Over work Load on Employees Over work Load on Employees It was observed in the branch that as compared tohuge business the bank is dealing in, the no. of employeesis lesser and thus there is an increased workload on theemployees. Due to this the efficiency of the employees isreduced. Employees are not very much Employees are not very much Motivated Motivated As discussed before, the workload is high and theemployees, especially the credit department, have to dolate sittings to complete their tasks. On the other hand thebank has revised its salary increments policy to decreasethe increment rate, as a result a decreased motivation levelof employees is observed Opportunities Rapidly Growing Economy Rapidly Growing Economy At present the Pakistan’s Economy is growing on avery fast pace. The rapid growth of economy has resulted inthe increase in the growth rate of all economic sectorsespecially in the banking sector which is growing at afastest speed than ever and in future the growth is expectedto increase even a higher rate. Increased Interest Rates Increased Interest Rates The SBP has revised the interest policy and theinterest rates have been linked with the KIBOR rates. Dueto which the banks interest rate has been substantiallyincreased which will greatly increase the banks’ profitability. Mega Projects Financing Mega Projects Financing As the increase in overall business activity in thecountry, the investors are launching various types of MegaProjects especially in housing and textile the bank has agreat opportunity to finance these projects at very profitableterm. Huge Demand for Consumer Huge Demand for Consumer Financing Financing The increase in per capita income and overalleconomy has resulted into a great demand for theconsumer financing especially for home finance and carfinancing and it is said that this trend will increase more infuture. The bank can earn a lot by focusing on its consumerfinancing sections. Merger with UBL Merger with UBL After the privatization of United Bank Limited,  themanagement of the BAL has purchased the majority sharesof the UBL, and it is planning to merge these two banks. AsUBL is the second largest bank in the country, this mergercan make the bank the largest bank of the country. Growing Trend of Islamic Banking Growing Trend of Islamic Banking There is a very good growth trend in the Islamicbanking in the country and in the world as well. BAL has theadvantage of having full fledged Islamic Banking networkand the growth in this particular field can be very fruitful forthe bank. Spending Practices of Mass Spending Practices of Mass As the Pakistani’s are known for their extravagantpractices, and to fulfill their funds requirements they don’thesitate from getting loans from banks. Thus there is a verygood scope for the bank to run successful business in suchcircumstances.

Informative Essay Sample on International Criminal Court(ICC)

Informative Essay Sample on International Criminal Court(ICC) According to William A. (Introduction to the International Criminal Court, 2004), the International Criminal Court (ICC) is an independent, permanent court that tries people accused of committing serious crimes against humanity. It tries people who are accused of committing genocide or involved in war crimes. It is a court that exists not to override the responsibilities and duties of the national judicial systems but rather it acts as a last alternative to try people accused of committing serious and heinous crimes. It can also be used in hearing cases and passing enforceable judgments should it be noted that trials involving serious crimes in the member states are being handled in a lacklustre manner and fairness is not being exercised. The I.C.C was established in July 1998 in Rome by a treaty signed and ratified by 104 countries. They treaty is not universally binding but rather only those states which formally express their consent are bound by its provisions (International Criminal Court, n.d). Since its inception it has opened investigations in a number of countries in Africa: Uganda, Central African Republic, Darfur and also in Congo. Although its trials may be carried out in different countries its official headquarters are in Hague, Netherlands. It can only however, arbitrate or try crimes committed after the date its statute was incepted. The member states are committed to refraining from acts which would defeat the object and purpose of the ICC treaty (William A. 2004). The ICC does not enjoy universal jurisdiction as was the original wish. A number of countries did not want to see this happen and they heavily objected. They include China, Qatar, Libya, Israel, Iraq, Yemen and the United States. It only exercises jurisdiction where the below circumstances have occurred (Ascensio H. 2002): If the perpetrator of the crime belongs to a country which is a state party or that has accepted the ICC’s jurisdiction. If the acts were committed in a territory of a country that accepts jurisdiction. If the particular case has been referred to the ICC by the UN security counsel. The United States is against the jurisdictional powers of the ICC evidenced by its refusal to ratify the statute in 2002. The US initially under Clinton administration had participated proactively in supporting the early plans of ICC but it voted against it in Rome 1998. The reason behind this is in article 12 of the statute that confers the ICC with absolute jurisdiction when either that state on whose territory a crime was committed is a part to the treaty, or when accused person’s state of nationality is a party (international animal’s court, n.d). This statute is a threat to the United States. It is a threat to both the president of US and its military forces as it will limit their ability to engage in wars in the name of protecting global (US) interest. This is the key factor behind the bone of contention. The US will not support the ICC as long as it does not accord special treatment to its military. It fails to exclude US military from falling within the ICCs prosecution jurisdiction. There are claims also that the US fails to support the ICC due to its ambiguity and vagueness in its wording and structure and if the US was to ratify it, its inherent flaws would lead to the US changing its constitution to accommodate the ICC provisions.It wants immunity against all international laws and restrictions that would restrain its conduct in international affairs, or any provision that would allow any actions by US official to be put into question. Although there are still some amendments that should be carried out as it awaits definition of some of its laws, the response to the ICC is overwhelming and USA is more or less alone in its stand to oppose its jurisdiction. This is quite surprising regarding the Americans vocalness in defending human rights and condemning violators. Observers say that US is doing this out of fear of losing its international supremacy as every deed committed in seeking to further the US interest will not go unpunished if it ratifies the ICC statute. America is the leading superpower in the world and its support would have important in not in legitimising the courts powers but also in providing the necessary legal and financial backing needed to carry out its operations effectively.Its decision to remove itself from the treaty is a big impendiment to the achievements of ICC goals.Efforts should be made to put into consideration the American’s proposals but caution should be excised not to compromise on the key visions of the court. The customary law is the key source of the ICC laws. It emanates from general practices followed by various states in enforcing their legal obligations. These laws are codified in the Vienna convention on the law of treaties. Its laws are also sourced from general international agreements that outline how the member states conduct and obligations toward each other. 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Art Essay Example | Topics and Well Written Essays - 500 words - 59

Art - Essay Example Music may communicate either good or bad information that can influence the behavior of people. People act differently depending on the music that they take pleasure; People tend to love the individuals who have the same taste of music they love. Such individuals tend to be friends with one another. On other hands, people with different taste of music may tend to hate one another. For instantly, people with the same taste of music tend to hang out together, while ignoring others, this due to their different opinions. Music plays very vital part in the society; it can be used for various purpose, from general to specific purposes. The use of music may depend on the occasion in the environment. Rock and rap music play very significant role in the world today; they may both send messages with the positive impacts on the kids. They convey messages of real personal life experiences; therefore, kids undergoing the same personal life experience tend to listen to such music. Through listening to such music, they gain hope since they are not the only ones undergoing such problems. Such challenge includes sex, and drug addictions. Music generally may also enhance the acquisitions of new ideas, as the messages expressed in the music may express new information’s from different parts of the world. This enhances the kids’ awareness, and makes them be open-minded people with vast information from various part of the world. They also get exposed to different from different part of the world like the celebrated artists. Among other types of music, majority of people from various part of the world tend to agree that Rap music plays very significant in the world. The information conveyed in most of the rap music’s revolves around drugs and sex. They are the critical topics which many parents do not love their kids to get associated with. Most videos of rap music entail information concerning issue of sex and drug. The research has