SWOT Analysis of Bangladesh Development Bank Limited (BDBL)

SWOT Analysis of BDBL (Bangladesh Development Bank Limited).

SWOT Analysis:

How can We define SWOT Analysis or SWOT Matrix?  

SWOT analysis or can be called SWOT Matrix is a structured planning system for evaluating the Strengths, Weaknesses, Opportunities, and Threats involved in companies that we are looking for. A SWOT analysis can be carried out for a product, place, industry or person.

Now, we are trying to highlight this SWOT in favor of a banking industry like BDBL (One of the reputed Govt. Specialized banks in Bangladesh).

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SWOT analysis of Bangladesh Development Bank Limited (BDBL) is as follows:

SWOT analysis >> S > Strengths of BDBL   

• BDBL is unique in its nature having both specialized and commercial operation it is regarded as a development bank as well as the commercial one.
• One of the fundamental objectives of BDBL is to boost up small & medium scale industries, which makes a special perception of the bank.
• BDBL has Skilled financial management, good credit control, and few bad debts.
• BDBL has a veteran management team.
• A strong balance sheet. Access to extensive credit, a strong credit rating, and a good relationship with the bank and other sources of finance.
• Online banking operation & any branch banking facility.
• Skilled employees, successful recruitment, and effective training and development.
• Effective research and development, use of design and innovation.
• Govt. support and Encouragement.
• BDBL follows leading finance.

Weaknesses of BDBL

• The decision-making process is lengthy.
• Lack of competitive banking.
• Lack of promotional activities.
• Shortage of branches.
• Less diversified products and services line. The salary of BDBL is not high enough related to other commercial banks operating in Bangladesh.
• MAN/Internet/on-line services in BDBL is not upgraded, many of their works through manually.

Opportunities Of BDBL

• There is a huge demand for micro-credit, small and medium-scale finance.
• Bangladesh’s economy is expanding rapidly, so the need for the bank is growing up.
• There are opportunities for innovation in the banking industry.

Threats Of BDBL

• More and less all the competition in the banking industry is competitive, so to survive BASIC Bank no. of defaults, the loan is 37% which is a real threat to bank business.
• Due to government institutions many of the banking decisions basic by political government.
• Too much interrupted by international assistance institutions like World Bank, IMF, WTO.

Sources: Primary data sources

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