Banque Accord A Bank for Consumers

1.IntroductionOur orb today stands at the point of the greatest bump of invention, discovery, and economic growth ever known. For a long time, it was wrong assumed that some industries would not be affected by the changes. It now, measuring the impact and the influence of these changes, becomes clear that the assumption was wrong. The positive forces and the unprecedented changes are reshaping all industries and leading to a version of the world economy.

The beginning of the new millennium has seen enormous changes in galore(postnominal) service industries. The pecuniary services industry is among those industries whose ornament was changed forever. Globalization, technology, deregulation and liberalization are only some of the many important aspects currently driving change in the financial services sector. One of the major challenges for many financial institutions is to attend a way to ensure the continuation of the dynamism and prosperous performance of their business. The ability to keep in step with the apace changing environment and take advantage of the opportunities that appear as a result of these changes has proved to be a amiable approach for securing the position in the market.

The majority of the financial institutions run in the banking sector have been responding to the market changes in a similar manner. The model of these institutions is typical in the traditional world of banking.



The geographical expansion through mergers and acquisitions has been a very everyday approach for increasing the share and securing the position in the ball-shaped market.

Some financial institutions decided to respond to the market changes just about assortedly than their competitors. Banque Accord is among those who decided to adopt a different model from others business. Its profile is unique as it is closely colligate to the traditional world of banking and the world of retailing. The...

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