Pest Analysis

Government of Bangladesh has created a favorable environment for private wedgeing sector, which attracts many investors to invest in the financial market. Bangladesh has been doing very well in private sectors in recent years. Previously only regimen banks were here to serve the financial needs of consumers, exactly without delay varieties of services are offered by commercial banks which were not achievable before. Financial assistance is very necessary to develop every the sectors which are provided by the central bank of Bangladesh. Central bank boosts commercial banks to finance more and more in the awkward sectors, pharmaceuticals sectors. Government puts pressure on these banks to provide loans to SMEs and individuals. PEST summary ( semipolitical, Economic, Social, and Technological) A PEST analysis is an analysis of the external macro-environment that affects any firms including banking industry. P.E.S.T. is an acronym for the Political, Economic, Social, and Technological factors of the external macro-environment. Political Factors In case of Bangladesh, policy-making instability like hartal makes difficulties in both domestic and external trade. As a result banking transactions are also stuck. Beside this corruption is another factor which hampers business environment.

Growing US influence though ambiguous, relations with the US remain alone important, strategically and economically. The US remains a guarantor of the brace of power in several parts of the region. Limited EU Influence: The EU shows increased interest and involvement in trade aid and good governance issues in Asia, but it is not a threat to the autonomy of the states. Political factors accommodate government regulations and legal issues and define both formal and internal rules under which the firm must operate. Some examples include; Political stability, Legal framework for contract enforcement, Trade regulations & tariffs, determine regulations, Taxation - tax rates and incentives, Wage... If you want to get a full essay, order it on our website: Ordercustompaper.com

Ordercustompaper.com is a professional essay writing service at which you can buy essays on any topics and disciplines! All custom essays are written by professional writers!