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What Is The SWOT & PEST For Mcb Bank?

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    SWOT
    Strengths:
    • Brand image because of "Muslim" word in the name in an Islamic country
    • In a growing economy of Pakistan
    • Has strong market presence
    Weaknesses:
    • Political instability in country
    • Internal political issues
    Opportunities
    • To go global
    Threats
    • Increasing competition in banking sector of Pakistan
    PEST Analysis:

    Political: Political instability in Pakistan can lead to changes in laws and policies which can be in favor or against the banking sector.
    Economic: Economy of Pakistan is facing issues about employment, inflation, illiteracy, which hinders business growth.
    Social:Cultural issues can be there but still as there are a number of multinational companies there, therefore, cultural issues are not prominent.
    Technology: People are highly skilled and MCB can introduce new technology to increase competencies.


    0 0

    Sehri 

    answered 1 year ago

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