Question

Methods that FNB(first national bank)can use to compete with other banks in south african

Answer 1

For every banks, there are several method to win the competition over the other banks  , such as :

- They can provide a higher interest rate for saving, attracting people to deposit more money into the bank
- They can provide a lower interest rate for loan
- They can do some acquisition of profitable companies so they will gain more revenue from its early dividend