A strategy paper for Iloilo City Development Bank (ICDB)

Date of Publication

2002

Document Type

Oral Comprehensive Exam

Degree Name

Master of Business Administration

Subject Categories

Business Administration, Management, and Operations

College

Ramon V. Del Rosario College of Business

Department/Unit

Decision Sciences and Innovation

Abstract/Summary

Iloilo Citty Development Bank (ICDB) was founded in 1962, intended to provide capital and credit that could be offered to small and medium scale entrepreneurs and producers in the rural areas.

Since then, ICDB's business environment has also been changing. As a bank, it is part of a bigger service sector which includes other non-bank players. On another level, it is part of the Philippine banking industry that has undergone many changes, such as mergers and sonsolidations, as well as being a key sector successful with the use of information technology. ICDB also exists as a corporate citizen in the province of Iloilo, which has been undergoing development though not as fast as Cebu, Bacolod, Cagayan de Oro or Davao. Within Iloilo, there is also a banking industry which is a key component for the province's growth.

ICDB in the current scenario will not be able to survive in the medium term, given the industry analysis and internal analysis. The bank has the advantage of size in being able to respond quickly to client needs and developing client relationship although these are not the advantages in the medium term. It should be able to position itself effectively as an axpert SMEs. To do this, it will have to realign its current chain and to adopt some other policies.

As an SME ecpert , the bank will also have to position itself in other key growth areas in the province of Iloilo. To also meet its clients' needs (specifically remittances), it will have to tie -up with other banks who have this expertise.

The Bangko Sentral ng Pilipinas (BSP) also pays a key role in its regulation of the banking industry, effectively influencing ICDB's direction.

Abstract Format

html

Language

English

Format

Print

Accession Number

OCE0480

Shelf Location

Archives, The Learning Commons, 12F Henry Sy Sr. Hall

Physical Description

101 leaves ; ill. ; 28 cm.

Keywords

Banks and banking--Philippines

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