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Marketing strategy for deposit mobilization, The Case of VPBank, Vietnam | |
Author | Do Thu Ha |
Note | A project submitted in partial fulfillment of the requirements for the degree of Master of Business Administration (Executive) in International Business – Management of Technology (VN), School of Management |
Publisher | Asian Institute of Technology |
Abstract | In the banking business, deposit mobilization from customers is one of vital important role since it represents the growth of a bank. Deposit growth in term of scale and effectiveness helps to build a foundation for bank breakthrough in the years to come and the liquidity and operation safety will be improved. In particular, when the bank has effective deposit mobilization, the bank will increase profitability. Many factors affect the bank's deposit mobilization. However, this project will focus on analysing the subjective factors. One of list subjective factors is the marketing strategy which plays a crucial role in the efficient deposit mobilization. A good marketing strategy also contributed to improve the bank’s image, service quality and profit margins. Marketing mix (7Ps) concept is very important in conducting bank marketing plan. Besides, bank need to build customer satisfactions, customer retention and strong brand image. This will lead customer preference and loyalty to bank. The project used primary and secondary data to analysis its actual deposit mobilization and pointed out some limitations. The project concentrated to recommend on People, Process, Products; Promotions, Technologies and Brand. |
Year | 2013 |
Type | Project |
School | School of Management (SOM) |
Department | Other Field of Studies (No Department) |
Academic Program/FoS | Master of Business Administration (Executive) in International Business - Management of Technology (VN/BKK)) |
Chairperson(s) | Sununta Siengthai, Bechter, Clemens; |
Examination Committee(s) | soundarapandian, Victor Anandkumar ; |