Article Abstract:
Commercial banks, which supply the capital, often influence the decision- making of their client firms. When their client encounters financial problem, banks employ strategies which it uses in responding to their client firm's woes. These strategies involve managerial turnaround, restructuring, financial workout, legal and exit. However, these are dependent on the causes of the firm's problems, which can be managerial, external, growth- related, operational and sales-related. They also depend on the security of the loan, the gravity of the problem, client's cooperation and turnaround ability of the management.
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Article Abstract:
A new study examines how BanCrecen, the Costa Rican subsidiary of Mexico's BanCrecer, transformed itself into a major personal banking player in the region.
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Article Abstract:
Approaches to change in the retail banking industry of the United Kingdom are examined in detail. Data for seven-years from 1990 are analyzed.
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