COMPARATIVE ANALYSIS OF FINANCIAL PERFORMANCE OF PUBLIC AND PRIVATE BANKS [IN THE CASE OF SELECTED PRIVATE AND PUBLIC BANKS]
A SENIOR ESSAY SUBMITTED TO DEPARTMENT OF ACCOUNTING AND FINANCE, IN PARTIAL FULFILLMENT OF THE REQUIREMENT OF BACHELOR OF ARTS DEGREE IN ACCOUNTING AND FINANCE.
Prepared by: Ruth Alemayehu
ADDIS ABABA UNIVERSITY
COLLEGE OF MANAGEMENT, INFORMATICS AND ECONOMIC SCIENCE
SCHOOL OF BUSINESS AND PUBLIC ADMINSTRATION
DEPARTMENT OF ACCOUNTING AND FINANCE JUNE, 2011
ACKNOWLEGMENT
First of all I would like to thank the almighty God for HIS help in every aspect of my life. Without his help I would not be here.
I would like to forward my deepest gratitude to my advisor ATO Abraham
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Therefore CBE stands to be the merger of several banks. By virtue of that it is the biggest bank of Ethiopia that was handling the entire commercial banking sector as a monopoly bank. CBE now operates through 168 branches all over Ethiopia, including one branch in Djibouti with a total asset about 3.5-4 billion, to become a world class commercial bank by the year 2025. The history of development bank of Ethiopia goes back to 1909 when the first attempts of its kind known as the societe narionale d’ ethiopie pour le development de l’ agriculture et de commerce (the society for the promotion of agriculture and trade) was established in the menelik II era. Since then the bank has taken different names at different times although its mission and business purpose has not undergone significant changes except for occasional adjustment that were necessitated by change in economic development policies of the country. For example, in 1975 when the socialism regime nationalized all the privately owned banks, the development bank of Ethiopia was merged with the investment bank to form the agricultural and industrial development banks. After that it was renamed to development bank of Ethiopia. It is established to spur the national development agenda. The bank’s focal point is the provision of customer focused lending to viable projects in line with government priority areas by mobilizing fund from domestic and foreign sources while ensuring its organizational
The cost of revenue, or goods sold, is 86.3% of the total expense distribution for Starbucks.
In conclusion, the mission statement of this bank directly connects with the services and the banks vision. The goals and objectives of the bank can be well seen in just that small piece of example picked from the "About us” page of their website. So much more can also be analyzed and it would also add up to the same. The bank invests in people of great talent as well as gives people second chances to live great after their service from
The notes to the financial statements can reveal a lot about the details of the line item in question. It is often said that to fully understand financial statements, one must read the notes. The company that I have selected is Starbucks, and to that end their financial statements are available online at MSN Moneycentral. To read the notes, however, I will need the annual report.
This report compares financial performance of two major banks of UK i.e. HSBC Bank Plc and Barclays Bank Plc on the basis of their Balance sheets and profit and loss accounts for the year 2009. This report also provides SWOT analysis of both banks i.e. HSBC and Barclays Bank Plc and provides an insight into their Banking Strategies.
The profitability ratio is a class of financial metrics that are used to assess a business's ability to generate earnings as compared to its expenses and other relevant costs incurred during a specific period of time (Investopedia, 2014). It is used to determine how profitable a company is over a period of time, generally one year. The profitability ratio for Grace Kennedy group is shown below for 2009 through to 2013.
I certify that the work submitted for this assignment is my own and research sources are fully acknowledged.
Address of Correspondence: Dr. Siu Y. Chan, Department of Accountancy and Law, Hong Kong Baptist University, Kowloon Tong, Kowloon, Hong Kong.
Barclays as a financial institution has established itself as a major player in the global financial services and banking sector. The company has spread out from its native UK to the rest of the world and its presence in developing regions of South Asia and Africa is massive. Barclays has become a global player in the market for financial services and may continue to grow even further as the years go by.
You did a great job on your paper. Your analysis on the financial ratios of Starbucks Corp (SBUX) was very informative ratios are relationships determined and easy to understand. “Financial ratios are relationships determined from a company’s financial information and used for comparison purposes”(Inc.com, N.D., P. 1). They are basically used to measure the strength of a company. I’ve noticed that Starbucks operating margin has decreased in the past year, from 25.2% to 17.18%, which is a drop of 8.02%. “Operating margin gives analysts an idea on how much a company makes (before interest and taxes) on each dollar of sales” (Investopedia.com, 2003). So for every dollar of sales, Starbucks make $.17. It’s no secret that the higher the margin,
Thus, this paper mainly studies the impact of bank ownership structure on business performance, but from the perspective of the actual operation of the bank, which considering that there is a certain relationship between the bank 's operating performance and the bank 's size and the capital structure, etc.
Department of Accounting and Finance School of Business Faculty of Commerce and Social Science The University of Birmingham July 1998
BEING A RESEARCH PROJECT SUBMITTED TO THE DEPARTMENT OF ACCOUNTING, FACULTY OF MANAGEMENT SCIENCES, UNIVERSITY OF ABUJA, ABUJA, NIGERIA
. The CBE is located in the Ethiopian capital Addis Ababa, which is the center for business in the country. The bank was established in 1963 and is the first bank after Ethiopia’s victory over fascist Italy in
Starbucks’ success in the early 1990s could be mainly attributed to Howard Schultz, the one who took over the company from the Starbucks’ founders. There were three factors that contribute to the success of Starbucks. Firstly, Schultz had a very clear vision about the company, which was to cultivate the coffee drinking experience in the nation, making Starbucks the “Third Place” of ordinary citizens and the leading brand of the industry. With this vision, Schultz began to open a large number of new stores that widely spread over the nation, aiming to make the brand go public, be recognized and shared through word of mouth. The company barely spent money on advertising, but the brand became well known itself because of the large presence of
The Industrial Development Bank of India Limited commonly known by its acronym IDBI is one of India's leading public sector banks and 4th largest Bank in overall ratings. RBI categorised IDBI as an "other public sector bank". It was established in 1964 by an Act of Parliament to provide credit and other