Show simple item record

dc.contributor.authorNyakundi, Maurice Mogire
dc.date.accessioned2013-03-18T10:52:40Z
dc.date.issued2010-11
dc.identifier.citationMBA Thesisen
dc.identifier.urihttp://erepository.uonbi.ac.ke:8080/xmlui/handle/123456789/14453
dc.description.abstractToday, banks are operating internationally in order to reach out to more customers and increase their profitability. In their quest to venture into the international markets, the banks tend to use different challenges that could be similar to other banks or that are special to that particular bank. This study sought to find out which strategies have been used by Kenya Commercial Bank as it expands its horizons to the international markets. The bank’s major strategies revolved around the entry mode, expansion and operation strategies which the bank sought to use while entering into these markets. The main strategies included competitive advantage, return on investments and the market analysis portfolios expansion and operation strategies included, market penetration, product development and wholly owned subsidiaries. The study used primary data collected from senior managers of the bank by way of a questionnaire. This was the most appropriate method of collecting data as it involved the key people who make decisions regarding the banks expansion programs. The study found out that strategy analysis and implementation was really important in the bank’s decision of entering the international markets. The different markets of the country determined the nature of the business environment. Its regulations thus determined how safe the bank felt its operations would be. The competition in these countries determined how the bank would approach the market and how this reflected on the business. The bank also had to foresee growth in these regions so as to do business there. Competitive Advantage was the most chosen mode of entry strategy for the bank as it sought to enter these markets. Market demand greatly affected the location of the branches. Product development as an expansion strategy affected the decision of which products to promote as some are focused on some age brackets. Product development also affected entry especially in Muslim affiliated countries as they do not have conventional banking. Mode of operation, which was the wholly owned foreign subsidiaries, determined how seamlessly the bank operations would flow. New products and services of competitors determined how much customers the bank got and their volumes in relation to the products offered. In conclusion, the project hopes to help assist other local banks who would wish to do international business on how to come up with the best strategy while internationalizing. The study also aims to assist the management of the bank to deal with past problems and create best strategies while moving to other countries.en
dc.description.sponsorshipUniversity of Nairobien
dc.language.isoenen
dc.subjectKenya Commercial Bank (KCB)en
dc.subjectInternational marketsen
dc.subjectStrategy implementationen
dc.titleStrategies used by Kenya Commercial Bank when entering international marketsen
dc.typeThesisen
local.publisherSchool of Business, University of Nairobien


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record