Scope of Assignment

We were asked by a large Islamic Bank in the UAE to reposition their SME and Business Banking businesses for growth.

A similar request was made by a large, conventional bank in Qatar to design and implement a new SME business. Their target market covered companies with a sales turnover of USD 0-25 Million. The bank had over 17,000 SME customer accounts which it had opened in retail branches over the past few years.

Our Work

a) BankT&D Consulting designed a detailed differentiated (by sales turnover categories) market entry and repositioning strategy

b) Designed and implemented a differentiated end-to-end operating model pursuant to the strategy which included:

• An effective sales and cross-sell process and organisation
• A differentiated end-to-end risk management process and organisation – including underwriting, approval process, documentation and collateral, early warning, rehabilitation and collections
• A robust marketing process for prospecting, data mining, product development and non- funds cross-sell
• An effective customer service process and,
• A proactive ‘liabilities-only’ strategy for non-borrowing customers including the optimisation of revenue (see below) from the existing liability accounts in the retail branches

Results

We helped design and implement a new (repositioned) business with the right risk-reward optimisation within a 6 month period. When we started the assignment, the business had over USD 500 million in assets, USD 650 million in liabilities, 3,500 borrowing customers and 17,000 ‘liabilities-only’ customers.