For investment purpose customers always judge the profitability-01275
This subjective question is related to the book/course
vu eng201 Business and Technical English Writing.
It can also be found in
vu eng201 Mid Term Solved Past Paper No. 1.
Question 1: For investment purpose customers always judge the profitability of the bank. To attract more customers how a bank can enhance its profitability?
Answer:
Banks can increase their customer base and their profitability by providing all services under one roof namely traditional banking services and the more modern financaial services like investment banking, credit card services, mutual fund services, life insurance products. Also by charging customers based on their credit profie i.e higher charges for low credit worthy clients they can increase their charges and fees. Also by developing new products which will be used by people in their everyday life and than charging a small fee for the same the banks can increase their profits.
