[FONT="] The performance of a financing institution at a given point of time depends upon several factors. Firms that control a lion?s share of the financial market are those that have managed their various operations well. Few firms have such a mass reach as that of LoanMax a new entrant into the highly competitive banking sector. rod aycox has put in place a better deal for the customers.[/FONT]
[FONT="]The reach of a bank depends upon various factors like:[/FONT]
[FONT="]1. The number of branches[/FONT]
[FONT="]2. The total number of offices[/FONT]
[FONT="]3. The manpower employed by the bank[/FONT]
[FONT="]While the autonomous banks have expanded their operations like never before, the new emerging banks like LoanMax are not far behind. From humble beginnings, LoanMax has expanded its operations to nearly 20 states. Its branches are expanding further into other areas at a faster pace to reach out to the needy people in other parts of the United States.[/FONT]
[FONT="]Even then, a leading autonomous bank and its associate concerns now own nearly 40 percent of the bank branches in the country. This bank had a long history and was in this business for a long period of time. The early start actually helped it to innovate with several efficiency parameters and achieve greater results.[/FONT]
[FONT="]The government controlled banks also have a significant share in the number of bank branches. However, the share of the branches of the private sector banks in some parts of the country is rather insignificant. The new emerging private sector banks own a share of less than 2 percent. In spite of the much-cited productivity and efficiency in the foreign banks, they own less than one-half in terms of the number of branches. This has happened because the foreign banks in the United States never wanted to challenge the domination of the established players nor compete with them for a major share of the market pie.[/FONT]
[FONT="]The reach of a bank depends upon various factors like:[/FONT]
[FONT="]1. The number of branches[/FONT]
[FONT="]2. The total number of offices[/FONT]
[FONT="]3. The manpower employed by the bank[/FONT]
[FONT="]While the autonomous banks have expanded their operations like never before, the new emerging banks like LoanMax are not far behind. From humble beginnings, LoanMax has expanded its operations to nearly 20 states. Its branches are expanding further into other areas at a faster pace to reach out to the needy people in other parts of the United States.[/FONT]
[FONT="]Even then, a leading autonomous bank and its associate concerns now own nearly 40 percent of the bank branches in the country. This bank had a long history and was in this business for a long period of time. The early start actually helped it to innovate with several efficiency parameters and achieve greater results.[/FONT]
[FONT="]The government controlled banks also have a significant share in the number of bank branches. However, the share of the branches of the private sector banks in some parts of the country is rather insignificant. The new emerging private sector banks own a share of less than 2 percent. In spite of the much-cited productivity and efficiency in the foreign banks, they own less than one-half in terms of the number of branches. This has happened because the foreign banks in the United States never wanted to challenge the domination of the established players nor compete with them for a major share of the market pie.[/FONT]