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Geographic and Product Expansion: Building a New Franchise

In: Managing Change in the Excellent Banks

Author

Listed:
  • Steven I. Davis

Abstract

A universal challenge for the excellent banks is to extend their reach outside their traditional franchise on a profitable basis. The negative argument for such an extension can be heard in almost every language spoken in the banking world: ‘we’ve achieved the limits of market share expansion in our domestic market, margins are under pressure from competition and rising costs so we have to look to new markets’. A more positive motivation is expressed by banking institutions with product capability in a global or at least international market: ‘unless we extend our reach abroad, we can’t be competitive with those who are’.

Suggested Citation

  • Steven I. Davis, 1989. "Geographic and Product Expansion: Building a New Franchise," Palgrave Macmillan Books, in: Managing Change in the Excellent Banks, chapter 3, pages 24-37, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-10744-5_3
    DOI: 10.1007/978-1-349-10744-5_3
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