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Appraisal of Commercial Bank of Ethiopia’s Strategic Success

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Appraisal of Commercial Bank of Ethiopia’s Strategic Success
UNIVERSITY OF GREENWICH
COURSEWORK COVERSHEET
Student Name: Student ID number: Course Code: Title of Course: Title of Assessment: Type of Assessment
Zelealem Mammo J. 000710039 BUSI 1271 Global Strategy Analysis and Practice Appraisal of Commercial Bank of Ethiopia’s Strategic Success Essay Reflective Report Group work report Other (Please specify __________________)

Tutor’s Name: Date Assessment Due: Turnitin report

Dr. Woubeshet _3_ %

Appraisal of Commercial Bank of Ethiopia’s Strategic Success

Table of Contents Abstract ............................................................................................................................... 3 Introduction......................................................................................................................... 4 General Background ....................................................................................................... 4 Major types of Services ................................................................................................... 4 Vision, Mission and Objectives ....................................................................................... 4 Current strategies of commercial bank of Ethiopia........................................................ 5 Strategy of Commercial bank of Ethiopia since 2006 -2011 .......................................... 6 External Environment Assessment (PESTEL analysis) ...................................................... 7 Political Factors ............................................................................................................. 7 Economic factors ............................................................................................................ 8 Socio-cultural Factors .................................................................................................... 8 Technological Factors .................................................................................................... 9



Bibliography: 1. Commercial Bank of Ethiopia, Annual Report, June 2006/07, 2007/08 2008/09, 2009/10. 2. David H. Friedman (1998), Money and Banking, 4th Edition, American Bankers Association. 3. G.Jay Francis et al (1998), Principles of Banking, 6th edition, American Bankers Association. 4. Lawrence S. and William L. (1993), Principles of Money, Banking and Financial Markets, 8th Edition, basic books Harper Collins Publishers 5. Grant Thornton, 2004 Family Culture (WWW) Available from: http://www.familybiz.co.uk/ (Accessed 18 August 2005) 6. Sufin 2010 Growth and Transformation Plan 2010/11-2014/15 Ministry of Finance and Economic development. 7. Peter Heinlein, 2010 Ethiopia Devalues Its Currency by 17 Percent (WWW) Available from http://www.voanews.com/english/news/africa/east/Ethiopia-Devalues-ItsCurrency-by-17-Percent-102000588.html ( accessed 23 Nov 2011) 8. Bini , 2011 Ethiopia: Gov’t will get 11 bln a year from sale of bonds to banks (WWW) Available from http://www.newsdire.com/news/1686-ethiopia-govt-will-get-11-bln-ayear-from-sale-of-bonds-to-banks.html (accessed 23 Nov 2011) 9. FAO, 2005FAO 's Information System on Water and Agriculture (WWW) Available from http://www.fao.org/nr/water/aquastat/countries_regions/ethiopia/index.stm ( accessed 23 Nov 2011) 17

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