Type of paper: Case Study

Topic: Banking, Customers, Trust, Business, Finance, Economics, Priority, Economy

Pages: 2

Words: 550

Published: 2021/02/24


The context of Banking and the Real Economy critically discusses the various factors that benefit an individual through banking in the real economy. The article also reflects at the general weakening of various trust banks and financial institutions when it comes to the public setting. Banks in this case are seen to have a huge task. In order to maintain their competition from other financial institutions, they must invest heavily in trying to regain the trust of their customers. Shift in this case is put on focusing on the specific needs of customers rather than the activities that will generate profits. New priorities are set that are not profit driven but service delivery oriented for as long as it may take to have their customers back in full trust.
There has been also a series of changes that have been necessary in the operations of the banking sector. The changes have taken place in the aspects of technology and the general operation practices within the basic banking in order to offer better and improved services to the clients, in this case, a the major point drawn form the actions that have taken place within the industry is putting priority as the customers. All the improvements and investments that have been propagated have been made to ensure that there is effective flow of customer related affairs. Therefore, the major case for an organization that has to grow is not putting the generation of profits as a major priority and living out the people who are meant to trigger it at any time. Therefore, the factors of customer services must always be treated as the number one issue of priority in order to easily open gates for many other factors to follow.
The importance of Banks is also noted. The concept of banks has seen to save many economies that have survived and thrived on various occasions. Other economies that have been known to have weaker systems in this case had to struggle extremely hard in order to survive hard economical moments. There are cited cases that show how the banking industry matters to all the economies across the world. For instance, Europe is a major example where banks are known to have played major roles in their economy compared to North America that suffered more and still has the effects and aftermath in the recovery process. In reference with the issue that was faced in North America, a general question is posted on whether the main problem has been yet soled concerning the operation of banks in sustaining economies. In this case, solving the issues is stepping up to ensure that all the banks have been adequately capitalized and for that case can access a stronger liquidity. By doing this, it can be termed as shaping the major issues of concern within the banking industry. There is a major indication that most economies across the world are not keen on making the banking sector strong and do not realize the value as well.
The value of regaining trust is given much relevance. In this case, banks are cited as not playing a positive role in the society as they should be doing. They have a huge task o regaining the trust of the citizens who are the main consumers in this case.

Cite this page
Choose cite format:
  • APA
  • MLA
  • Harvard
  • Vancouver
  • Chicago
  • ASA
  • IEEE
  • AMA
WePapers. (2021, February, 24) Finance Case Studies Examples. Retrieved March 23, 2023, from https://www.wepapers.com/samples/finance-case-studies-examples/
"Finance Case Studies Examples." WePapers, 24 Feb. 2021, https://www.wepapers.com/samples/finance-case-studies-examples/. Accessed 23 March 2023.
WePapers. 2021. Finance Case Studies Examples., viewed March 23 2023, <https://www.wepapers.com/samples/finance-case-studies-examples/>
WePapers. Finance Case Studies Examples. [Internet]. February 2021. [Accessed March 23, 2023]. Available from: https://www.wepapers.com/samples/finance-case-studies-examples/
"Finance Case Studies Examples." WePapers, Feb 24, 2021. Accessed March 23, 2023. https://www.wepapers.com/samples/finance-case-studies-examples/
WePapers. 2021. "Finance Case Studies Examples." Free Essay Examples - WePapers.com. Retrieved March 23, 2023. (https://www.wepapers.com/samples/finance-case-studies-examples/).
"Finance Case Studies Examples," Free Essay Examples - WePapers.com, 24-Feb-2021. [Online]. Available: https://www.wepapers.com/samples/finance-case-studies-examples/. [Accessed: 23-Mar-2023].
Finance Case Studies Examples. Free Essay Examples - WePapers.com. https://www.wepapers.com/samples/finance-case-studies-examples/. Published Feb 24, 2021. Accessed March 23, 2023.

Share with friends using:

Related Premium Essays
Contact us
Chat now