Menu Close

A strategic analysis of Stanbic Bank Tanzania 2023

A strategic analysis of Stanbic Bank Tanzania 2023

Mariam Peyton
Latest posts by Mariam Peyton (see all)

    Strategic analysis refers to the process of carrying out substantial research on an organization’s business environment. It is significant to an organization because it helps them plan strategically thus it's smooth running. This process is very vital to organizations and it should be incorporated within all sections of an organization. It is primarily concerned with studying the external and internal environments or factors of an organization, evaluating current strategies in addition to generating and analyzing the most effective strategic alternatives. Several analytical tools are employed in this process and they include; the SWOT analysis which evaluates the strengths, weaknesses, opportunities, and threats, the PESTLE analysis which evaluates the macro environment of an organization, Porter’s five forces analysis, the Value chain analysis, VRIO, among others which will be addressed in detail in the sections below. This study used analytical tools such as PESTLE, SWOT, and Porter's Five Forces to analyze the environment of Stanbic Bank Tanzania to find out how it impacts its strategic decisions. The essay also looked at the company's general strategies and assessed how it has used its strengths to compete effectively in the market. 

    HARVARD
    Citation Here

    APA
    Citation Here

    MLA
    Citation Here

    CHICAGO
    Citation Here

    A strategic analysis of Stanbic Bank Tanzania a Case Study


    Key Learning Outcomes

    By the end of the case, students should be able to:

    • Understand the concept of strategic analysis, what it is, and how to do it effectively, Evaluate an organization’s working environment and how it affects its operations
    • Use the strategic analysis of Stanbic Bank Tanzania case study to understand how internal and external factors can influence a company’s strategic position in a market
    • Understand the concept of strategy and how to apply it to a real company

     

    1.0 INTRODUCTION


    Stanbic Bank Tanzania was established in May 1995 and is part of Africa’s largest banking group by assets, Standard Bank Group and it specialized in providing services to public and private sector corporations, diplomatic missions, and international organizations. Stanbic Bank Tanzania belongs to Standard Bank group which is a leading financial services provider that supports Africa’s growth and development.

    The establishment of the group was spearheaded by a number of businessmen in 1857 following the economic prosperity of Port Elizabeth which was the major port used in the exportation of wool. John Paterson was behind the idea of establishing the Standard Bank of Port Elizabeth but the idea wasn’t endorsed due to the fear of competition from the banks that existed at the time. John Paterson tried looking for help from the investors from Britain which was a success because the bank was established later on in 1862. The bank was fully registered and incorporated as a limited liability company. This piece of work is going to critically study Stanbic Bank Tanzania.

    The bank empowers their customer’s financial success and well-being by providing services that will empower their financial growth such as online banking, savings and investment, insurance, loans, and a Plus Rewards Programme. The revenue of the group grew by 31 percent resulting from the growth of both net interest and non-interest revenues. The mission of Stanbic Bank Tanzania is to help its customers tighten their financial capacities, from banking and borrowing to saving and investing. This essay is going to use the analytical tools of PESTLE, SWOT, and Porter’s Five Forces to analyze the business environment of Stanbic Bank Tanzania and find out how it has impacted its strategic decisions and growth trajectory in the country over the last few years between 2020 and 2023.

    This strategic analysis of Stanbic Bank Tanzania will further seek to answer core questions such as; what are the strengths of Stanbic Bank Tanzania? what are the weaknesses of Stanbic Bank Tanzania? This analysis will also look at the company’s general strategies and assess how the company has used its strengths and opportunities to compete effectively in its market.

    Already a Subcriber?

    Forgotten your password? Click Here

    Not a Subcriber?

    GET UNLIMITED ACCESS

    TO ALL OUR FREE SAMPLES

    FOR
    FREE

    Cancel anytime…right from your account dashboard

    NOT YET READY TO SUBSCRIBE? Try our other options below

    Get a personalized on-demand assignment fast **

    Purchase This Assignment On Demand

    Once you purchase it, you will receive a well-researched, 100% original, personalised & plagiarism-free version within 2-3 business days after order confirmation. **

    100% original custom written assignment
    Zero plagiarism (checked via Copyscape)
    Harvard/APA/AMA referencing
    5500 words-(22 pages)
    Price: £ 346.50

    Services We are Offering

    We are more than a free study and revision tool.
    We also provide on demand research and custom writing services.

    Make writing your assignment paper as easy as 123!

    123 Writing is the #1 exam revision and assignment study platform in the UK.

    Get unlimited access to answered student essays, assignments, past exam questions and sample coursework written by qualified academic writers & tutors.

    Our Standard subscription typically retails for £299.88 a year.

    Today, you can join at 80% discount.

    Here’s a full breakdown of everything you get as a Standard or Premium subscriber...

    » Get access to our database of more than 5,770 answered premium strategy case studies

    Get unlimited access to a robust database of premium business strategy case studies including more than 5,770 fully answered sample strategy frameworks and tools such as pestle, value chain, value matrix, porters five forces, Ansoff’s matrix, etc., authoritatively written and tailored for student revision, assignment preparation and transformative business research. Our strategy case studies are especially suited for university students wishing to apply strategic frameworks to real-world situations, company cases or simulations. All our strategy case studies come with teaching notes and learning outcomes, making them effective as coursework revision, and essay study help tools.

    » Free access to past exam & assignment answers

    Revise and prepare for exams and coursework with our fully answered exam notes and sample assignment papers. Furthermore, get quick on-demand answers to past exam question and assignment questions from our writers. Exam answer notes come with personalized lesson plans, and detailed study notes complete with detailed explanations of each answer, for maximum exam revision and assignment preparation. This tool is perfect for readers struggling with exam preparation & assignment study.

    » Get extra assignment related help from our writers & tutors

    Achieve high grades with a little extra assignment related support. Get extra help with your essays, assignments and general coursework, from our knowledgeable writers and tutors who will provide extra assistance when required for all academic related tasks including proofreading, grammar editing & correction, citations, referencing, etc. at no extra cost for standard and premium subscribers. All our standard and premium subscribers receive free proofreading services, which will include a check for punctuation, grammar, sentence formation, typographical errors, formatting, errors and other consistency issues (broadly).

    » Get free assignment & essay writing help worth up to 7K words

    Commission an on-demand essay, or assignment title from our knowledgeable writers and tutors on any subject matter. Get up to 7,000* words in on-demand custom assignment help from our writers who can assist with difficult topic in classical business literature. (* 7,000 free word credit exclusive to premium members).

    » Fast & speedy answers to on-demand case solutions & assignment questions

    Make use of your available free word credit (up to *7,000words) to commission on-demand custom case solutions, case study assignments and receive fast & speedy personalised answers. Receive timely and fast plagiarism-free answers to assignment questions or case solutions in as little as 1-2 business working days. Topics include Strategic Management, Marketing, Business Management, Economics, Operations Management, Organization Studies, International Business & Management, Human Resource Management and more. (* Exclusive to premium members).

    » Get exclusive Q&A sessions with our subject matter writers

    Ask our qualified, vetted and knowledgeable writers up to *12 essay, assignment and coursework related questions annually and receive accurate, clear, and detailed answers including step-by-step explanations briefs that are easy to follow. (*Exclusive to premium members).

    » Free access to test bank questions & answers, study notes and practice quizzes

    Test your knowledge on any subject with our quick quizzes and test banks for maximum retention after revision and studying. Test Bank contains questions in a variety of formats including multiple choice, true/false, short answer, and essay questions.

    » Free access to video tutorials & study packs

    Get free access to exclusive video tutorials to common subject topics. Our subject matter video tutorials, study notes and study packs have been created to help students learn and understand basic course module materials, as well as prepare students for their coursework assignment questions, essays and exams. Our video tutorials, study notes and study packs can be organized by topic, textbook or Question &Answer.

    » Access to textbook chapter reviews and answer solutions

    Get access to chapter reviews of popular business books, broken down in easy-to-understand simple concepts with simplified English. If English is not your first language, this service will make revising for essay assignments and exams as easy as 123 (Exclusive to premium members).


    error: Copying this content is in breach of our Terms and conditions.

    WELCOME

    You are now Logged in.

    To access your Dasboard please click the dashboard button in the Main Menu

    Basic

    Annual pass for 12 months​

    Unlimited access to answered essays & past assignments
    Free Q&A with our professional writers
    Unlimited access to more than 6,000 answered premium strategy case studies
    Word Credit for On-Demand custom essays & assignment help
    Extra Word Credit worth upto 2000 words for On-Demand assignments
    Free access to exam revision notes & coursework preparation study guides

    £0

    Premium

    ***Paid annually at £179

    Unlimited access to answered essays & past assignments
    Free Q&A with our professional writers
    Unlimited access to more than 6,000 answered premium strategy case studies
    Word Credit for On-Demand custom essays & assignment help (5000 Words Free)
    Extra Word Credit worth upto 2000 words for On-Demand assignments
    Free access to exam revision notes & coursework preparation study guides

    £14.99

    Popular

    Standard

    ***Paid annually at £59.88

    Unlimited access to answered essays & past assignments
    Free Q&A with our professional writers
    Unlimited access to more than 6,000 answered premium strategy case studies
    Word Credit for On-Demand custom essays & assignment help (2500 Words Free)
    Extra Word Credit worth upto 2000 words for On-Demand assignments
    Free access to exam revision notes & coursework preparation study guides

    £9.99£4.99

    Premium

    ***Paid annually at £179

    Unlimited access to answered essays & past assignments
    Free Q&A with our professional writers
    Unlimited access to more than 6,000 answered premium strategy case studies
    Word Credit for On-Demand custom essays & assignment help (5000 Words Free)
    Extra Word Credit worth upto 2000 words for On-Demand assignments
    Free access to exam revision notes & coursework preparation study guides

    £14.99